Stock market update: Nifty Pharma index advances 0.38% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 11:05AM(IST)on Monday in an upbeat market.

Ipca Laboratories(up 1.29 per cent), Divis Laboratories(up 1.29 per cent), Zydus Lifesciences(up 0.91 per cent), Cipla(up 0.68 per cent) and Natco Pharma(up 0.66 per cent) were among the top gainers.

Gland Pharma(down 0.84 per cent), Torrent Pharmaceuticals(down 0.45 per cent), Granules India(down 0.34 per cent), Laurus(down 0.2 per cent) and Glenmark Pharmaceuticals(down 0.01 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.38 per cent at 12738.15 at the time of writing this report.

Benchmark NSE Nifty50 index was up 116.2 points at 17949.55, while the BSE Sensex was up 398.69 points at 60191.83.

Among the 50 stocks in the Nifty index, 42 were trading in the green, while 8 were in the red.

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

Shares of Oswal Agro Mill, Aurionpro Sol, Omax Autos, Asian Hotels(E)and Satin Creditcare hit their fresh 52-week highs in today's trade, while Ameya Precision Engineers Ltd., JFL Life Sciences Ltd., Bombay Rayon, Gayatri Project and Natco Pharma hit fresh 52-week lows in trade.