Stock market update: Nifty Pharma index falls 1.7% in a weak market

NEW DELHI: The Nifty Pharma index traded negative around 10:14AM(IST)on Monday in a weak market.

Laurus(up 1.26 per cent) and Cipla(up 0.28 per cent) were among the top gainers.

Gland Pharma(down 4.12 per cent), Divis Laboratories(down 3.17 per cent), Strides Pharma Science(down 2.94 per cent), Natco Pharma(down 2.7 per cent) and Glenmark Pharmaceuticals(down 2.37 per cent) were the top losers on the index.

The Nifty Pharma index was down 1.7 per cent at 13713.1 at the time of writing this report.

Benchmark NSE Nifty50 index was down 113.0 points at 18001.9, while the BSE Sensex was down 274.35 points at 60547.27.

Among the 50 stocks in the Nifty index, 6 were trading in the green, while 44 were in the red.

Shares of YES Bank, Vodafone Idea, ICICI Bank, Tata Power and PNB were among the most traded shares on the NSE.

Shares of Arihant Found, ICICI Bank, KEC Int., Gokul Agro Resources and Subros hit their fresh 52-week highs in today’s trade, while Huhtamaki PPL, Airo Lam, Sansera Engineering Ltd., Generic Engg and SREI Infra Fin hit fresh 52-week lows in trade.

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