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    Stock market update: Nifty Pharma index falls 0.97% in a weak market

    Synopsis

    The Nifty Pharma index was trading 0.97 per cent down at 12103.6.

    NiftyGetty Images
    Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
    NEW DELHI: The Nifty Pharma index traded negative around 10:29AM(IST)on Tuesday in a weak market.

    Strides Pharma Science(up 3.47 per cent) and Dr Reddys Laboratories(up 0.38 per cent) were among the top gainers.

    Divis Laboratories(down 2.28 per cent), Aurobindo Pharma(down 2.1 per cent), Biocon(down 1.53 per cent), Alkem Laboratories(down 1.36 per cent) and Alembic Pharmaceuticals(down 1.31 per cent) were the top losers on the index.

    The Nifty Pharma index was down 0.97 per cent at 12103.6 at the time of writing this report.

    Benchmark NSE Nifty50 index was down 97.55 points at 15734.5, while the BSE Sensex was down 335.02 points at 52826.26.

    Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.

    Shares of Zomato Ltd., Vodafone Idea, ONGC, YES Bank and RBL Bank were among the most traded shares on the NSE.

    Shares of De Nora India, Priti International, Kohinoor Foods, Globesecure Technologies Ltd. and Spacenet Enterprise hit their fresh 52-week highs in today's trade, while We Win, Vaxtex Cotfab, Chambal Fertilisers, Lasa Supergenerics and Akash Infra-Proj hit fresh 52-week lows in trade.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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