Stock market update: Pharma stocks slip; Lupin drops 2%

NEW DELHI: Pharma stocks were trading with losses at 02:20PM (IST) on Monday.

Shares of Aurobindo Pharma (down 2.57 per cent), Lupin (down 1.98 per cent), Cadila Healthcare (down 1.92 per cent), Cipla (down 1.65 per cent) and Divis Laboratories (down 0.88 per cent) were the top losers in the index.

While Dr Reddys Laboratories (up 1.56 per cent), Alkem Laboratories (up 0.47 per cent) and Torrent Pharmaceuticals (up 0.1 per cent) were among the top gainers.


The Nifty Pharma index was trading 0.51 per cent down at 11223.75 around 02:20PM.

Benchmark NSE Nifty50 index was up 4.30 points at 11338.15, while the BSE Sensex was up 19.87 points at 38377.05.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

Shares of Vodafone Idea, YES Bank, Tata Motors, Tata Motors (DVR) and Bharti Infratel were among the most traded shares on the NSE.

Shares of IndiaMART InterMESH Ltd., Granules India, WABCO India, AstraZeneca and Dixon Technologies (India) Ltd. hit their fresh 52 week high in today's trade, while Blue Chip India Ltd. hit fresh 52 week low in trade.