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    Stock market update: Nifty Pharma index falls 0.38% in a weak market

    Synopsis

    The Nifty Pharma index was trading 0.38 per cent down at 12731.8.

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    India 10-year bond yield fell 0.34 per cent to 6.13 after trading in 6.13-6.16 range.

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    NEW DELHI: The Nifty Pharma index traded negative around 10:55AM(IST)on Wednesday in a weak market.

    Strides Pharma Science(up 3.04 per cent), Cipla(up 1.97 per cent), Pfizer(up 0.65 per cent), Granules India(up 0.63 per cent) and Torrent Pharmaceuticals(up 0.13 per cent) were among the top gainers.

    Aurobindo Pharma(down 1.85 per cent), Natco Pharma(down 1.68 per cent), Glenmark Pharmaceuticals(down 1.55 per cent), Sun Pharmaceutical Industries(down 1.38 per cent) and Alkem Laboratories(down 1.1 per cent) were the top losers on the index.

    The Nifty Pharma index was down 0.38 per cent at 12731.8 at the time of writing this report.

    Benchmark NSE Nifty50 index was down 83.9 points at 17261.55, while the BSE Sensex was down 231.57 points at 57904.79.

    Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red.

    Shares of Zomato Ltd., YES Bank, Vodafone Idea, Tata Steel and IDFC First Bank were among the most traded shares on the NSE.

    Shares of Navneet Education, FIEM Industries, International Constructions Ltd., Party Cruisers Ltd. and Spacenet Enterprise hit their fresh 52-week highs in today's trade, while Birla Tyres, Karda Const, SKP Bearing Industries Ltd., GSK Pharma and IMP Powers Ltd 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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