Stock market update: Nifty Pharma index falls 1.14%

NEW DELHI: The Nifty Pharma index closed on a negative note on Thursday.

Shares of Gland Pharma(up 5.63 per cent), Pfizer(up 1.42 per cent), Strides Pharma Science(up 0.91 per cent) and Granules India(up 0.03 per cent) ended the day as top gainers in the pack.

On the other hand, Biocon(down 2.68 per cent), Sun Pharmaceutical Industries(down 2.37 per cent), Abbott India(down 1.56 per cent), Zydus Lifesciences(down 1.51 per cent) and Cipla(down 1.49 per cent) finished as the top losers of the day.

The Nifty Pharma index closed 1.14 per cent down at 12555.0.

Benchmark NSE Nifty50 index ended down 216.5 points at 17542.8, while the BSE Sensex stood down 770.48 points at 58766.59.

Among the 50 stocks in the Nifty index, 13 ended in the green, while 37 closed in the red.

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

Shares of Reliance Power, Paramount Comm, Reliance Infra, Aaron Industries and Rossell India hit their fresh 52-week highs in today's trade, while FutureLifestyleFash, Piramal Ent., Future Enterprises, Future Retail and Biocon hit their fresh 52-week lows.