Stock market update: Nifty Pharma index advances 0.37% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 11:23AM(IST)on Wednesday in an upbeat market.

Ajanta Pharma Ltd.(up 2.56 per cent), Mankind Pharma Ltd.(up 1.99 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 1.83 per cent), Laurus Labs Ltd.(up 1.63 per cent) and Biocon Ltd.(up 1.46 per cent) were among the top gainers.

Aurobindo Pharma Ltd.(down 0.89 per cent), Torrent Pharmaceuticals Ltd.(down 0.72 per cent), Sun Pharmaceutical Industries Ltd.(down 0.19 per cent), Gland Pharma Ltd.(down 0.19 per cent) and Dr. Reddy's Laboratories Ltd.(down 0.13 per cent) were the top losers on the index.


The Nifty Pharma index was up 0.37 per cent at 22028.8 at the time of writing this report.

Benchmark NSE Nifty50 index was up 91.35 points at 25195.6, while the BSE Sensex was up 299.9 points at 82691.62.

Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.

Shares of RattanIndia Power, Reliance Power, Vodafone Idea, JP Power and RattanIndia Infra were among the most traded shares on the NSE.

Shares of Kavita Fabrics, Hybrid Financial Services, Scoda Tubes, Valiant Organics and Reliance Home Fin hit their fresh 52-week highs in today's trade, while Picturepost Studios, Shree Ram Proteins, Excel Realty N Infra, BSL Ltd and Lasa Supergenerics hit fresh 52-week lows in trade.