Share market update: Nifty Pharma index down; Piramal slips 3%

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

Shares of Piramal Enterprises (down 3.48 per cent), Sun Pharmaceutical Industries (down 3.06 per cent), Biocon (down 2.19 per cent) and Cadila Healthcare (down 1.07 per cent) were trading with losses.

Cipla (down 0.70 per cent), Lupin (down 0.51 per cent) and Aurobindo Pharma (down 0.18 per cent) too were trading lower.


The Nifty Pharma index was trading 1.13 per cent down at 9354.75 around 10:20 am.

Benchmark NSE Nifty50 index was down 89.10 points at 11,665.55 while the BSE Sensex was down 283.79 points at 38,783.54.

Among the 50 stocks in the Nifty index, 18 were trading in the green, while 31 were in the red.

Shares of YES Bank, Vodafone Idea, Bank of Baroda, Tata Motors, SAIL, SBI, L&T Fin Holding, ICICI Bank, Ashok Leyland and Indiabulls Housing Finance were among the most traded shares on the NSE.