Stock market update: Nifty Pharma index advances 0.59% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 10:55AM(IST)on Thursday in an upbeat market.

Biocon(up 3.82 per cent), Dr Reddys Laboratories(up 2.76 per cent), Alembic Pharmaceuticals(up 1.62 per cent), Aurobindo Pharma(up 0.96 per cent) and Pfizer(up 0.78 per cent) were among the top gainers.

Strides Pharma Science(down 2.78 per cent), Abbott India(down 0.78 per cent), Alkem Laboratories(down 0.65 per cent), Divis Laboratories(down 0.44 per cent) and Ipca Laboratories(down 0.4 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.59 per cent at 12390.1 at the time of writing this report.

Benchmark NSE Nifty50 index was up 5.1 points at 16361.35, while the BSE Sensex was up 10.92 points at 54903.41.

Among the 50 stocks in the Nifty index, 21 were trading in the green, while 28 were in the red.

Shares of MRPL, Vodafone Idea, TV18 Broadcast, ONGC and Suzlon Energy were among the most traded shares on the NSE.

Shares of Tree House Edu, Global Education, KPI Global Infra, Oil India Ltd and Mirza Intnl hit their fresh 52-week highs in today's trade, while Vaxtex Cotfab, Sadbhav Infra, Sri Adhikari, SMS Pharma and Jagran Prakashan hit fresh 52-week lows in trade.