Stock market update: Nifty Pharma index falls 0.05%

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

Shares of Alkem Laboratories(up 2.19 per cent), Dr Reddys Laboratories(up 0.53 per cent), Cipla(up 0.43 per cent), Laurus(up 0.31 per cent) and Strides Pharma Science(up 0.29 per cent) ended the day as top gainers in the pack.

On the other hand, Gland Pharma(down 1.91 per cent), Ipca Laboratories(down 1.06 per cent), Granules India(down 1.01 per cent), Torrent Pharmaceuticals(down 0.81 per cent) and Natco Pharma(down 0.73 per cent) finished as the top losers of the day.

The Nifty Pharma index closed 0.05 per cent down at 12689.95.

Benchmark NSE Nifty50 index ended up 174.35 points at 17798.75, while the BSE Sensex stood up 659.31 points at 59688.22.

Among the 50 stocks in the Nifty index, 36 ended in the green, while 13 closed in the red.

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

Shares of Mahalaxmi Rub, Euro India Fresh, Arvind SmartSpaces, Sarthak Metals and Selan Expl Tech hit their fresh 52-week highs in today's trade, while Debock Sales & Mktg, Gayatri Project, GRM Overseas, Natco Pharma and Sanofi India hit their fresh 52-week lows.