Share market update: Pharma shares fall; Piramal Enterprises slumps 8%

NEW DELHI: Most pharma shares were under pressure with the Nifty Pharma index trading 0.64 per cent down at 9,624.3 around 12:46 pm on Friday.

Piramal Enterprises (down 8.14 per cent), Cipla (down 1.75 per cent), Cadila Healthcare (down 1.71 per cent) and Aurobindo Pharma (down 1.18 per cent),were the major laggards in the index.

Divi's Laboratories (down 1.06 per cent), Lupin (down 0.77 per cent) and Dr. Reddy's Laboratories (down 0.71 per cent) too, were among the top losers in the index.


Benchmark NSE Nifty50 index was down 138.00 points at 10,315.05 while BSE Sensex was down 428.26 points at 34,351.32 at that time.

Among the 50 stocks in the Nifty index, 15 were trading in the green, while 34 were in the red.

Shares of YES Bank, L&T Fin Holding, SBI, RIL, DLF, Bank of Baroda, ICICI Bank, Ashok Leyland and Vedanta were among the most traded shares on the NSE.