Stock market update: Nifty Pharma index advances 0.67% in an upbeat market

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NEW DELHI: The Nifty Pharma index traded positive around 11:01AM(IST)on Thursday in an upbeat market.

Laurus(up 2.43 per cent), Ipca Laboratories(up 1.82 per cent), Divis Laboratories(up 1.05 per cent), Dr Reddys Laboratories(up 0.97 per cent) and Cadila Healthcare(up 0.89 per cent) were among the top gainers.

Alembic Pharmaceuticals(down 0.38 per cent), Lupin(down 0.26 per cent), Granules India(down 0.23 per cent), Aurobindo Pharma(down 0.13 per cent) and Abbott India(down 0.06 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.67 per cent at 14777.85 at the time of writing this report.

Benchmark NSE Nifty50 index was up 125.05 points at 18286.8, while the BSE Sensex was up 363.1 points at 61100.15.

Among the 50 stocks in the Nifty index, 37 were trading in the green, while 13 were in the red.

Shares of Tata Power, Tata Motors, Trident Ltd, PNB and Vodafone Idea were among the most traded shares on the NSE.

Shares of KDDL Ltd, MindTree, Consol Const., NRB Industrial and Shanti Overseas(Ind hit their fresh 52-week highs in today’s trade, while Destiny Logistics & Infra Ltd., Pasupati Acrylon, Marine Electricals, Euro India Fresh and Airo Lam hit fresh 52-week lows in trade.