Stock market update: Nifty Pharma index advances 1.25% in a weak market
NEW DELHI: The Nifty Pharma index traded positive around 11:02AM(IST)on Monday in a weak market.
Divi's Laboratories Ltd.(up 6.02 per cent), Ipca Laboratories Ltd.(up 4.41 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 3.64 per cent), Natco Pharma Ltd.(up 3.2 per cent) and Alkem Laboratories Ltd.(up 2.99 per cent) were among the top gainers.
Dr. Reddy's Laboratories Ltd.(down 0.38 per cent), Lupin Ltd.(down 0.38 per cent) and Cipla Ltd.(down 0.06 per cent) were the top losers on the index.
The Nifty Pharma index was up 1.25 per cent at 21902.85 at the time of writing this report.
Benchmark NSE Nifty50 index was up 11.41 points at 25031.2, while the BSE Sensex was down 18.22 points at 82312.37.
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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, YES Bank, IRFC, Reliance Power and BEL were among the most traded shares on the NSE.
Shares of Peria Karamalai Tea, Stampede Cap(DVR), Shankara Bldg Prod, Kanpur Plastip and Suven Life Sci hit their fresh 52-week highs in today's trade, while Protean eGov Techno, Gangotri Text, SKIL Infrastructure, Techindia Nirman and Varanium Cloud hit fresh 52-week lows in trade.
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