Dr Reddys Laboratories (up 1.47 per cent), Cipla (up 0.83 per cent), Cadila Healthcare (up 0.66 per cent), Divis Laboratories (up 0.44 per cent) and Lupin (up 0.36 per cent) were among the top gainers.
Alkem Laboratories (down 0.63 per cent) and Sun Pharmaceutical Industries (down 0.35 per cent) were the top losers on the index.
The Nifty Pharma index was up 0.37 per cent at 14702.35 at the time of writing this report.
Benchmark NSE Nifty50 index was up 124.95 points at 16255.7, while the BSE Sensex was up 462.37 points at 54285.73.
Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.
Shares of Vodafone Idea, Suzlon Energy, Trident Ltd, YES Bank and Zee Ent. were among the most traded shares on the NSE.
Shares of GNA Axles, Cineline India, Gandhi Special, IIFL Wealth Mgmt and Shanthi Gears hit their fresh 52-week highs in today’s trade, while Vodafone Idea and AKG Exim Ltd. hit fresh 52-week lows in trade.