Stock market update: Nifty Pharma index advances 0.93% in a weak market
NEW DELHI: The Nifty Pharma index traded positive around 10:45AM(IST)on Wednesday in a weak market.
Alkem Laboratories Ltd.(up 2.32 per cent), Ipca Laboratories Ltd.(up 2.07 per cent), Lupin Ltd.(up 1.81 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 1.35 per cent) and Granules India Ltd.(up 1.35 per cent) were among the top gainers.
Natco Pharma Ltd.(down 1.86 per cent), Laurus Labs Ltd.(down 0.98 per cent), Abbott India Ltd.(down 0.85 per cent), Divi's Laboratories Ltd.(down 0.31 per cent) and Ajanta Pharma Ltd.(down 0.08 per cent) were the top losers on the index.
The Nifty Pharma index was up 0.93 per cent at 21879.3 at the time of writing this report.
Benchmark NSE Nifty50 index was down 11.46 points at 24324.5, while the BSE Sensex was down 56.93 points at 80231.45.
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Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red.
Shares of Vodafone Idea, Vishal Mega Mart, Suzlon Energy, YES Bank and Reliance Power were among the most traded shares on the NSE.
Shares of Kilitch Drug, Chambal Fertilisers, Mangalore Chem, Mazagon Dock Ship and Max Financial hit their fresh 52-week highs in today's trade, while Keerti Knowledge, GI Engineering, AGS Transact Tech, Gujarat Lease and Gensol Engg hit fresh 52-week lows in trade.
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