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Stock market update: Nifty Pharma index advances 0.45% in a weak market

NEW DELHI: The Nifty Pharma index traded positive around 10:55AM(IST)on Friday in a weak market.

Divis Laboratories(up 2.01 per cent), Sun Pharmaceutical Industries(up 1.32 per cent), Granules India(up 1.14 per cent), Cipla(up 0.65 per cent) and Biocon(up 0.55 per cent) were among the top gainers.

Alembic Pharmaceuticals(down 0.92 per cent), Torrent Pharmaceuticals(down 0.78 per cent), Gland Pharma(down 0.74 per cent), Lupin(down 0.72 per cent) and Ipca Laboratories(down 0.64 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.45 per cent at 12669.05 at the time of writing this report.

Benchmark NSE Nifty50 index was down 164.9 points at 17464.9, while the BSE Sensex was down 561.98 points at 58557.74.

Among the 50 stocks in the Nifty index, 10 were trading in the green, while 40 were in the red.

Shares of , , , M&M Financial and PNB were among the most traded shares on the NSE.

Shares of

, , , Upsurge Seeds of Agriculture Ltd. and hit their fresh 52-week highs in today’s trade, while , Jay Jalaram Technologies Ltd., Sabar Flex India Ltd., and Ameya Precision Engineers Ltd. hit fresh 52-week lows in trade.

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