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    Stock market update: Nifty Pharma index falls 0.27% in a weak market

    Synopsis

    The Nifty Pharma index was trading 0.27 per cent down at 12540.15.

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    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    NEW DELHI: The Nifty Pharma index traded negative around 10:14AM(IST)on Thursday in a weak market.

    Gland Pharma(up 1.98 per cent), Torrent Pharmaceuticals(up 1.84 per cent), Granules India(up 0.95 per cent), Laurus(up 0.41 per cent) and Glenmark Pharmaceuticals(up 0.4 per cent) were among the top gainers.

    Cipla(down 1.45 per cent), Natco Pharma(down 1.09 per cent), Alembic Pharmaceuticals(down 0.63 per cent), Aurobindo Pharma(down 0.63 per cent) and Dr Reddys Laboratories(down 0.52 per cent) were the top losers on the index.

    The Nifty Pharma index was down 0.27 per cent at 12540.15 at the time of writing this report.

    Benchmark NSE Nifty50 index was down 46.4 points at 17671.95, while the BSE Sensex was down 162.38 points at 59294.4.

    Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.

    Shares of Suzlon Energy, YES Bank, PNB, Vodafone Idea and JP Power were among the most traded shares on the NSE.

    Shares of Brand Concepts L, Servotech Power Syst, Remsons Ind, Autoline Ind and Aarvi Encon hit their fresh 52-week highs in today's trade, while FutureLifestyleFash, Kopran Ltd, Finolex Inds., Indian Oil Corp. and Amrutanjan Healt hit fresh 52-week lows in trade.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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