Stock market update: Nifty Pharma index advances 0.56% in an upbeat market

The Nifty Pharma index was trading 0.56 per cent up at 12306.2.

Reuters
Nifty continues to climb a wall of worry as it looks to be in the final leg of its rally before heading for a correction.
NEW DELHI: The Nifty Pharma index traded positive around 10:09AM(IST)on Thursday in an upbeat market.

Ipca Laboratories(up 1.88 per cent), Zydus Lifesciences(up 1.64 per cent), Biocon(up 1.22 per cent), Divis Laboratories(up 1.21 per cent) and Glenmark Pharmaceuticals(up 1.01 per cent) were among the top gainers.

Glaxosmithkline Pharmaceuticals(down 0.22 per cent), Cipla(down 0.08 per cent) and Sanofi India(down 0.02 per cent) were the top losers on the index.


The Nifty Pharma index was up 0.56 per cent at 12306.2 at the time of writing this report.

Benchmark NSE Nifty50 index was up 100.65 points at 18116.5, while the BSE Sensex was up 364.04 points at 61639.13.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.
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Shares of Vodafone Idea, Brightcom Group, Indian Railway Finance Corporation Ltd., YES Bank and Adani Power were among the most traded shares on the NSE.

Shares of Soma Textiles, Bodhi Tree Multimed, APL Apollo Tube, Spectrum Electrical and Saksoft Ltd hit their fresh 52-week highs in today's trade, while Suumaya Lifestyle, Zee Learn, KHFM Hospitality, Ansal Prop and Omkar Speciality hit fresh 52-week lows in trade.
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