Stock market update: Nifty Pharma index falls 0.51% in a weak market

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

Dr Reddys Laboratories(up 0.48 per cent), Divis Laboratories(up 0.48 per cent), Lupin(up 0.07 per cent), Abbott India(up 0.06 per cent) and Pfizer(up 0.03 per cent) were among the top gainers.

Aurobindo Pharma(down 2.36 per cent), Natco Pharma(down 1.46 per cent), Zydus Lifesciences(down 1.26 per cent), Sun Pharmaceutical Industries(down 1.1 per cent) and Laurus(down 1.08 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.51 per cent at 12606.65 at the time of writing this report.

Benchmark NSE Nifty50 index was down 68.2 points at 17790.0, while the BSE Sensex was down 270.21 points at 59687.82.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

Shares of , PNB, , IOB and Ltd. were among the most traded shares on the NSE.

Shares of Uma Converter Ltd.,

, Upsurge Seeds of Agriculture Ltd., Homesfy Realty Ltd. and hit their fresh 52-week highs in today’s trade, while Anlon Technology ., , &, . and Sintex Inds. hit fresh 52-week lows in trade.