Stock market update: Nifty Pharma index falls 0.18%

The Nifty Pharma index closed 0.18 per cent down at 20874.3.

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
NEW DELHI: The Nifty Pharma index closed on a negative note on Wednesday.

Shares of Mankind Pharma Ltd.(up 3.88 per cent), Ipca Laboratories Ltd.(up 3.0 per cent), Natco Pharma Ltd.(up 2.82 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 2.3 per cent) and Gland Pharma Ltd.(up 1.15 per cent) ended the day as top gainers in the pack.

On the other hand, Zydus Lifesciences Ltd.(down 6.92 per cent), Lupin Ltd.(down 3.91 per cent), Glenmark Pharmaceuticals Ltd.(down 1.46 per cent), Abbott India Ltd.(down 0.78 per cent) and Sun Pharmaceutical Industries Ltd.(down 0.7 per cent) finished as the top losers of the day.


The Nifty Pharma index closed 0.18 per cent down at 20874.3.

Benchmark NSE Nifty50 index ended up 108.66 points at 23437.2, while the BSE Sensex stood up 309.4 points at 77044.29.

Among the 50 stocks in the Nifty index, 33 ended in the green, while 17 closed in the red.
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Shares of Vodafone Idea, IREDA, YES Bank, Ola Electric Mobilit and NBCC were among the most traded shares on the NSE.

Shares of Shree Vasu Logistics, Sanathan Textiles, Sangam Renewables, Rama Phosphates and Ajax Engineering hit their fresh 52-week highs in today's trade, while Kesoram Inds., Gensol Engg, Keerti Knowledge, TGB Banquets and Karda Const hit their fresh 52-week lows.
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