Stock market update: Nifty Pharma index advances 0.09% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 11:00AM(IST)on Monday in an upbeat market.

Zydus Lifesciences(up 1.25 per cent), Cipla(up 1.06 per cent), Aurobindo Pharma(up 0.93 per cent), Natco Pharma(up 0.8 per cent) and Strides Pharma Science(up 0.76 per cent) were among the top gainers.

Gland Pharma(down 1.64 per cent), Alembic Pharmaceuticals(down 0.96 per cent), Biocon(down 0.96 per cent), Abbott India(down 0.94 per cent) and Laurus(down 0.92 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.09 per cent at 12517.65 at the time of writing this report.

Benchmark NSE Nifty50 index was up 87.5 points at 17626.95, while the BSE Sensex was up 317.09 points at 59120.42.

Among the 50 stocks in the Nifty index, 32 were trading in the green, while 17 were in the red.

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

Shares of Macpower CNC Machine, Celebrity Fash, Sreeleather, Triveni Turbine and Universal Cable hit their fresh 52-week highs in today's trade, while Mangalam Worldwide Ltd., FutureLifestyleFash, Bombay Rayon, InvstmntTrstofIndia and Piramal Ent. hit fresh 52-week lows in trade.