Stock market update: Nifty Pharma index falls 0.16% in an upbeat market

NEW DELHI: The Nifty Pharma index traded negative around 09:59AM(IST)on Thursday in an upbeat market.

Gland Pharma(up 0.71 per cent), Torrent Pharmaceuticals(up 0.67 per cent), Biocon(up 0.64 per cent), Ipca Laboratories(up 0.54 per cent) and Natco Pharma(up 0.51 per cent) were among the top gainers.

Strides Pharma Science(down 3.82 per cent), Cipla(down 2.02 per cent), Lupin(down 1.29 per cent), Abbott India(down 0.86 per cent) and Alembic Pharmaceuticals(down 0.77 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.16 per cent at 12191.45 at the time of writing this report.

Benchmark NSE Nifty50 index was up 69.55 points at 15868.65, while the BSE Sensex was up 283.43 points at 53310.4.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.

Shares of Zomato Ltd., Vodafone Idea, Indian Oil Corp., ONGC and IDFC First Bank were among the most traded shares on the NSE.

Shares of Ratnamani Metal, Orient Bell, Global Education, Kohinoor Foods and Axita Cotton hit their fresh 52-week highs in today's trade, while HEC Infra Projects, Rollatainers Ltd, Lasa Supergenerics, Wockhardt and Star Health hit fresh 52-week lows in trade.