Stock market update: Nifty Pharma index advances 1.27% in a weak market
NEW DELHI: The Nifty Pharma index traded positive around 10:34AM(IST)on Thursday in a weak market.
Natco Pharma Ltd.(up 7.1 per cent), Divi's Laboratories Ltd.(up 5.29 per cent), Lupin Ltd.(up 2.36 per cent), Zydus Lifesciences Ltd.(up 1.56 per cent) and Laurus Labs Ltd.(up 1.41 per cent) were among the top gainers.
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Biocon Ltd.(down 1.36 per cent), Abbott India Ltd.(down 0.68 per cent), J B Chemicals & Pharmaceuticals Ltd.(down 0.53 per cent) and Ipca Laboratories Ltd.(down 0.18 per cent) were the top losers on the index.
The Nifty Pharma index was up 1.27 per cent at 22014.35 at the time of writing this report.
Benchmark NSE Nifty50 index was down 35.96 points at 24293.0, while the BSE Sensex was down 126.34 points at 79990.15.
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Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red.
Shares of Vodafone Idea, Reliance Power, Suzlon Energy, Bajaj Housing Fin and IDFC First Bank were among the most traded shares on the NSE.
Shares of Mangalore Chem, GSK Pharma, Synergy Green Ind, Country Condos and Rama Phosphates hit their fresh 52-week highs in today's trade, while Sanco Industries, Gensol Engg, Williamson Magor, Dhanvarsha Finvest and Asian Hotels hit fresh 52-week lows in trade.
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