Share market update: Nifty Pharma index down; Piramal Enterprises slips 4%

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

Shares of Piramal Enterprises (down 4.02 per cent), Cadila Healthcare (down 2.29 per cent), Aurobindo Pharma (down 2.25 per cent) and Divi's Laboratories (down 1.35 per cent) were the top losers in the index.

Sun Pharmaceutical Industries (down 0.60 per cent), Cipla (down 0.54 per cent), Glenmark Pharmaceuticals (down 0.15 per cent) and Dr. Reddy's Laboratories (down 0.07 per cent) too were trading in the red.


The Nifty Pharma index was trading 1.08 per cent down at 8341.55 around 10:21 am.

Benchmark NSE Nifty50 index was down 54.20 points at 11,967.45 while the BSE Sensex was down 111.90 points at 39,971.64.

Among the 50 stocks in the Nifty index, 12 were trading in the green, while 37 were in the red.

Shares of DHFL, YES Bank, Vodafone Idea, GAIL, Bank of Baroda, SBI, Federal Bank, GMR Infra, PNB and IDBI Bank were among the most traded shares on the NSE.