Share market update: Nifty Pharma index down; Glenmark Pharma dips 3%

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

Shares of Glenmark Pharmaceuticals (down 3.73 per cent), Piramal Enterprises (down 3.65 per cent), Divi's Laboratories (down 1.27 per cent) and Aurobindo Pharma (down 1.12 per cent) were the worst performers in the index.

Dr. Reddy's Laboratories (down 0.90 per cent), Cadila Healthcare (down 0.58 per cent), Sun Pharmaceutical Industries (down 0.44 per cent) and Cipla (down 0.43 per cent) too were trading lower.


The Nifty Pharma index was trading 1.14 per cent down at 8009.55 around 10:03 am.

Benchmark NSE Nifty50 index was down 11.45 points at 10,971.35 while the BSE Sensex was down 16.56 points at 37,087.72.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 29 were in the red.

Shares of YES Bank, Vodafone Idea, Tata Motors, Ashok Leyland, NHPC, JSPL, Bank of Baroda, SAIL, L&T Fin Holding and PNB were among the most traded shares on the NSE.