Stock market update: Pharma index in the green; Biocon, Aurobindo Pharma advance 1%

NEW DELHI: Pharms stocks Biocon (up 1.29 per cent), Aurobindo Pharma (up 0.93 per cent) and Glenmark Pharmaceuticals (up 0.78 per cent) were trading with gains during afternoon trade on Wednesday.

Shares of Cadila Healthcare (up 0.39 per cent), Sun Pharmaceutical Industries (up 0.37 per cent) and Cipla (up 0.36 per cent) were also in the green, keeping the pharma index up.

However, losses in Divi's Laboratories (down 1.39 per cent), Dr. Reddy's Laboratories (down 0.99 per cent) and Piramal Enterprises (down 0.22 per cent) were capping the rise of the pharma index.


The Nifty Pharma was trading 0.12 per cent up at 9,265 around 02:15 pm.

Equity benchmarks were in the positive territory, underpinned by gains in energy, bank, metal, auto, teck and financial stocks.

The NSE Nifty50 index was up 49 points at 10,759, while the BSE Sensex was up 203 points at 35,490.

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 19 were in the red.

Reliance Industries, YES Bank, Vedanta, Zee Entertainment and IndusInd Bank were among the top gainers in the Nifty index.