Stock market update: Nifty Pharma index advances 1.2%

The Nifty Pharma index closed 1.2 per cent up at 12465.9.

ETMarkets.com

Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.

NEW DELHI: The Nifty Pharma index closed on a positive note on Thursday.

Shares of Biocon(up 5.18 per cent), Dr Reddys Laboratories(up 2.95 per cent), Torrent Pharmaceuticals(up 2.63 per cent), Pfizer(up 1.46 per cent) and Sun Pharmaceutical Industries(up 1.37 per cent) ended the day as top gainers in the pack.

On the other hand, Strides Pharma Science(down 4.26 per cent), Alkem Laboratories(down 0.6 per cent), Alembic Pharmaceuticals(down 0.14 per cent), Gland Pharma(down 0.09 per cent) and Ipca Laboratories(down 0.01 per cent) finished as the top losers of the day.


The Nifty Pharma index closed 1.2 per cent up at 12465.9.

Benchmark NSE Nifty50 index ended up 121.85 points at 16478.1, while the BSE Sensex stood up 427.79 points at 55320.28.

Among the 50 stocks in the Nifty index, 36 ended in the green, while 14 closed in the red.
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Shares of Suzlon Energy, Vodafone Idea, MRPL, Zomato Ltd. and TV18 Broadcast were among the most traded shares on the NSE.

Shares of Tree House Edu, Global Education, Time Technoplast, KPI Global Infra and Rolex Rings hit their fresh 52-week highs in today's trade, while Jagran Prakashan, Krishna Defence and Allied Industries Ltd., Vaxtex Cotfab, Akash Infra-Proj and Sadbhav Infra hit their fresh 52-week lows.
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