Share market update: Nifty Pharma index dips; Cipla down 1%

NEW DELHI: Pharma shares were mixed in Monday's morning session with their sectoral index trading lower.

Shares of Glenmark Pharmaceuticals (up 0.64 per cent), Lupin (up 0.34 per cent), Dr. Reddy's Laboratories (up 0.31 per cent) and Cadila Healthcare (up 0.22 per cent) were the top gainers in the index.

Cipla (down 1.07 per cent), Divi's Laboratories (down 0.70 per cent), Biocon (down 0.38 per cent) and Sun Pharmaceutical Industries (down 0.11 per cent) were trading with losses.


The Nifty Pharma index was trading 0.15 per cent down at 9257.25 around 10:55 am.

Benchmark NSE Nifty50 index was down 14.55 points at 11,651.40 while the BSE Sensex was down 6.30 points at 38,855.93.

Among the 50 stocks in the Nifty index, 21 were trading in the green, while 29 were in the red.

Shares of DLF, SAIL, Bank of Baroda, Indiabulls Housing Finance, YES Bank, Ashok Leyland, Tata Motors, Vedanta and SBI were among the most traded shares on the NSE.