Stock market update: Nifty Pharma index falls 0.92% in a weak market

The Nifty Pharma index was trading 0.92 per cent down at 20881.1.

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 10:40AM(IST)on Tuesday in a weak market.

Abbott India Ltd.(up 0.47 per cent) and Glenmark Pharmaceuticals Ltd.(up 0.44 per cent) were among the top gainers.

Laurus Labs Ltd.(down 4.3 per cent), Natco Pharma Ltd.(down 3.39 per cent), Granules India Ltd.(down 3.04 per cent), Biocon Ltd.(down 2.45 per cent) and Aurobindo Pharma Ltd.(down 2.27 per cent) were the top losers on the index.


The Nifty Pharma index was down 0.92 per cent at 20881.1 at the time of writing this report.

Benchmark NSE Nifty50 index was down 117.0 points at 22842.5, while the BSE Sensex was down 336.12 points at 75660.74.

Among the 50 stocks in the Nifty index, 7 were trading in the green, while 43 were in the red.
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Shares of Vodafone Idea, YES Bank, Suzlon Energy, PC Jeweller and Vishal Mega Mart were among the most traded shares on the NSE.

Shares of Norben Tea Exp, Blue Coast Hotel, Ajax Engineering, MPS Ltd and Aarti Pharmalabs hit their fresh 52-week highs in today's trade, while Suratwwala Business, Goodluck India, Lancor Holdings, Ganga Forging and Best Agrolife hit fresh 52-week lows in trade.
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