Stock market update: Nifty Pharma index advances 1.24% in a weak market

NEW DELHI: The Nifty Pharma index traded positive around 11:16AM(IST)on Tuesday in a weak market.

Glenmark Pharmaceuticals(up 5.21 per cent), Strides Pharma Science(up 3.31 per cent), Divis Laboratories(up 2.65 per cent), Biocon(up 2.25 per cent) and Laurus(up 2.07 per cent) were among the top gainers.

Gland Pharma(down 0.54 per cent) and Abbott India(down 0.47 per cent) were the top losers on the index.

The Nifty Pharma index was up 1.24 per cent at 13409.85 at the time of writing this report.

Benchmark NSE Nifty50 index was down 35.0 points at 17381.55, while the BSE Sensex was down 230.46 points at 58235.43.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

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

Shares of Steel Cast, Latent View Analytics Ltd., Precision Camshaft, Jindal Worldwide and Raymond hit their fresh 52-week highs in today’s trade, while Nidan Laboratories And Healthcare Ltd., Supreme Infra, Destiny Logistics & Infra Ltd., Laxmi Cotspin and Mahanagar Gas hit fresh 52-week lows in trade.

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