Stock market update: Nifty Pharma index advances 0.34% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 11:20AM(IST)on Tuesday in an upbeat market.

Natco Pharma(up 2.89 per cent), Biocon(up 1.75 per cent), Laurus(up 1.58 per cent), Abbott India(up 1.52 per cent) and Gland Pharma(up 1.33 per cent) were among the top gainers.

Aurobindo Pharma(down 1.52 per cent), Cipla(down 0.97 per cent), Lupin(down 0.19 per cent), Alembic Pharmaceuticals(down 0.13 per cent) and Torrent Pharmaceuticals(down 0.03 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.34 per cent at 12651.05 at the time of writing this report.

Benchmark NSE Nifty50 index was up 251.9 points at 16094.2, while the BSE Sensex was up 805.18 points at 53779.02.

Among the 50 stocks in the Nifty index, 46 were trading in the green, while 4 were in the red.

Shares of Vodafone Idea, YES Bank, Life Insurance Corporation of India, Suzlon Energy and SAIL were among the most traded shares on the NSE.

Shares of Megastar Foods, Honda Siel Power, GSS Infotech, Kanani Inds and Silver Touch Tech hit their fresh 52-week highs in today's trade, while Life Insurance Corporation of India, Sonu Infratech Ltd., Rainbow Childrens Medicare Ltd., Birla Tyres and Innovative Tyres & T hit fresh 52-week lows in trade.