Stock market update: Nifty Pharma index falls 0.67% in a weak market

NEW DELHI: The Nifty Pharma index traded negative around 10:50AM(IST)on Monday in a weak market.

Laurus(up 0.85 per cent), Torrent Pharmaceuticals(up 0.57 per cent) and Abbott India(up 0.2 per cent) were among the top gainers.

Gland Pharma(down 2.71 per cent), Aurobindo Pharma(down 2.26 per cent), Granules India(down 2.08 per cent), Glenmark Pharmaceuticals(down 2.03 per cent) and Zydus Lifesciences(down 1.7 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.67 per cent at 12495.9 at the time of writing this report.

Benchmark NSE Nifty50 index was down 248.7 points at 17310.2, while the BSE Sensex was down 835.88 points at 57997.99.

Among the 50 stocks in the Nifty index, 9 were trading in the green, while 41 were in the red.

Shares of Reliance Power, Suzlon Energy, Zomato Ltd., YES Bank and BHEL were among the most traded shares on the NSE.

Shares of Kritika Wires, Lokesh Machines, Fidel Softech Ltd., Mazagon Dock Ship and Ram Ratna Wire hit their fresh 52-week highs in today's trade, while Jindal Cotex, Bombay Rayon, Thyrocare Tech., Sumeet Ind and Mphasis hit fresh 52-week lows in trade.