Stock market update: Nifty Pharma index advances 0.33% in a weak market

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

Cipla(up 1.5 per cent), Lupin(up 1.13 per cent), Alkem Laboratories(up 0.76 per cent), Sun Pharmaceutical Industries(up 0.65 per cent) and Ipca Laboratories(up 0.63 per cent) were among the top gainers.

Strides Pharma Science(down 1.83 per cent), Divis Laboratories(down 1.04 per cent), Natco Pharma(down 1.01 per cent), Alembic Pharmaceuticals(down 0.86 per cent) and Torrent Pharmaceuticals(down 0.31 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.33 per cent at 12630.2 at the time of writing this report.

Benchmark NSE Nifty50 index was down 48.85 points at 17441.85, while the BSE Sensex was down 194.39 points at 58579.48.

Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red.

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

Shares of Shree Vasu Logistics, Selan Expl Tech, TVS Electronics, TCPL Packaging and Premier Exp hit their fresh 52-week highs in today's trade, while Karda Const, Future Enterprises, Agni Green Power Ltd., GVK Power Infra and Debock Sales & Mktg hit fresh 52-week lows in trade.