Stock market update: Cadila, Sun Pharma, Lupin boost Nifty Pharma pack

NEW DELHI: Gains in Cadila Healthcare (up 2.37 per cent), Sun Pharma (up 2.03 per cent) and Lupin (up 1.81 per cent) were keeping the Nifty Pharma index up during Wednesday's trade.

The Nifty Pharma index was trading 1.03 per cent up at 8,202 around 12:30 pm.

Shares of Piramal Enterprises (up 1.23 per cent), Aurobindo Pharma (up 0.67 per cent), Divi's Laboratories (up 0.65 per cent), Glenmark Pharmaceuticals (up 0.31 per cent) and Dr. Reddy's Laboratories (up 0.28 per cent) were also trading with gains.


However, Biocon (down 0.30 per cent) and Cipla (down 0.22 per cent) were the two stocks that were down in the index around that time.

Equity markets were up ahead of the RBI policy outcome scheduled for later in the day.

Benchmark NSE Nifty50 index was up 64 points at 10,657, while the BSE Sensex was up 193 points at 35,097.

Among the 50 stocks in the Nifty index, 42 were trading in the green, while 8 were in the red.

Tata Motors, Bharti Airtel, HCL Tech, Titan Company and Indiabulls Housing Finance were among the top gainers in the Nifty index.

On the contrary, Tech Mahindra, Asian Paints, HPCL, GAIL and Indian Oil Corporation were among the top losers in the index.