Stock market update: Nifty Pharma index falls 1.07% in a weak market

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NEW DELHI: The Nifty Pharma index traded negative around 11:26AM(IST)on Thursday in a weak market.

Granules India(up 1.64 per cent), Pfizer(up 0.67 per cent), Torrent Pharmaceuticals(up 0.17 per cent) and Alkem Laboratories(up 0.11 per cent) were among the top gainers.

Gland Pharma(down 1.73 per cent), Lupin(down 1.62 per cent), Divis Laboratories(down 1.61 per cent), Laurus(down 1.51 per cent) and Dr Reddys Laboratories(down 1.24 per cent) were the top losers on the index.

The Nifty Pharma index was down 1.07 per cent at 13535.75 at the time of writing this report.

Benchmark NSE Nifty50 index was down 145.9 points at 17792.5, while the BSE Sensex was down 551.39 points at 59547.43.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of Suzlon Energy, Vodafone Idea, JP Power, YES Bank and Alok Industries were among the most traded shares on the NSE.

Shares of IFB Agro, Bal Pharma, Khandwala Sec, Himadri Speciality and Lagnam Spintex hit their fresh 52-week highs in today’s trade, while McDowell Hold, Ceat, SBI Cards, Zydus Wellness and Spandana Sphoorty hit fresh 52-week lows in trade.

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Source: The Economic Times
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