Stock market update: Nifty Pharma index falls 0.39% in an upbeat market

The Nifty Pharma index was trading 0.39 per cent down at 23126.1.

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 traded negative around 10:24AM(IST)on Monday in an upbeat market.

Biocon Ltd.(up 1.02 per cent), Lupin Ltd.(up 0.3 per cent), Sun Pharmaceutical Industries Ltd.(up 0.24 per cent), Gland Pharma Ltd.(up 0.19 per cent) and J B Chemicals & Pharmaceuticals Ltd.(up 0.15 per cent) were among the top gainers.

Granules India Ltd.(down 1.79 per cent), Mankind Pharma Ltd.(down 1.75 per cent), Dr. Reddy's Laboratories Ltd.(down 1.33 per cent), Laurus Labs Ltd.(down 0.95 per cent) and Zydus Lifesciences Ltd.(down 0.94 per cent) were the top losers on the index.


The Nifty Pharma index was down 0.39 per cent at 23126.1 at the time of writing this report.

Benchmark NSE Nifty50 index was up 60.85 points at 25296.75, while the BSE Sensex was up 237.46 points at 82603.23.

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red.
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Shares of Vodafone Idea, Suzlon Energy, YES Bank, GSPL and NHPC were among the most traded shares on the NSE.

Shares of Shree Vasu Logistics, Deep Industries, Cybertech Sys, Thangamayil Jewellery and Munjal Auto Ind hit their fresh 52-week highs in today's trade, while Compuage Infocom, Globale Tessile, Mahalaxmi Fabric Mil, Future Supply Chain and Saraswati Saree Depo hit fresh 52-week lows in trade.
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