Stock market update: Nifty Pharma index advances 0.2% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 10:29AM (IST) on Wednesday in an upbeat market.

Cadila Healthcare (up 0.62 per cent), Biocon (up 0.55 per cent), Aurobindo Pharma (up 0.5 per cent), Alkem Laboratories (up 0.31 per cent) and Sun Pharmaceutical Industries (up 0.3 per cent) were among the top gainers.

Torrent Pharmaceuticals (down 0.3 per cent) and Cipla (down 0.22 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.2 per cent at 14440.25 at the time of writing this report.

Benchmark NSE Nifty50 index was up 75.05 points at 17455.05, while the BSE Sensex was up 246.13 points at 58493.22.

Among the 50 stocks in the Nifty index, 36 were trading in the green, while 14 were in the red.

Shares of Vodafone Idea, Zee Ent., YES Bank, Tata Power and Zomato Ltd. were among the most traded shares on the NSE.

Shares of Ami Organics Ltd., Meghmani Finechem Ltd., Karnataka Bank, BLS Int. Services and Rohit Ferro-Tech hit their fresh 52-week highs in today’s trade, while Vertoz Advertising, Suvidhaa Infoserve Ltd., Inventure Grwth and PVP Ventures Ltd. hit fresh 52-week lows in trade.

Source Link