Stock market update: Nifty Pharma index falls 0.43% in a weak market

NEW DELHI: The Nifty Pharma index traded negative around 10:24AM(IST)on Friday in a weak market.

Strides Pharma Science(up 1.78 per cent), Biocon(up 1.02 per cent), Alembic Pharmaceuticals(up 0.83 per cent), Aurobindo Pharma(up 0.31 per cent) and Laurus(up 0.3 per cent) were among the top gainers.

Glenmark Pharmaceuticals(down 1.73 per cent), Torrent Pharmaceuticals(down 1.63 per cent), Natco Pharma(down 1.39 per cent), Sun Pharmaceutical Industries(down 1.23 per cent) and Granules India(down 0.89 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.43 per cent at 12412.7 at the time of writing this report.

Benchmark NSE Nifty50 index was down 203.35 points at 16274.75, while the BSE Sensex was down 722.98 points at 54597.3.

Among the 50 stocks in the Nifty index, 10 were trading in the green, while 40 were in the red.

Shares of Vodafone Idea, Suzlon Energy, Zomato Ltd., SAIL and MRPL were among the most traded shares on the NSE.

Shares of Marathon Nextgen, Tree House Edu, Bombay Metrics Supply Chain Ltd., Hindustan Motor and Standard Ind hit their fresh 52-week highs in today's trade, while Tembo Global Indust, Vaxtex Cotfab, Debock Sales & Mktg, Medplus Health Services Ltd. and Vakrangee hit fresh 52-week lows in trade.