Stock market update: Nifty Pharma index falls 0.33% in an upbeat market

NEW DELHI: The Nifty Pharma index traded negative around 11:01AM(IST)on Monday in an upbeat market.

Aurobindo Pharma(up 0.74 per cent), Alkem Laboratories(up 0.69 per cent), Ipca Laboratories(up 0.38 per cent) and Torrent Pharmaceuticals(up 0.19 per cent) were among the top gainers.

Cipla(down 1.23 per cent), Granules India(down 0.93 per cent), Gland Pharma(down 0.68 per cent), Lupin(down 0.67 per cent) and Zydus Lifesciences(down 0.58 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.33 per cent at 12627.45 at the time of writing this report.

Benchmark NSE Nifty50 index was up 16.7 points at 17973.3, while the BSE Sensex was up 126.38 points at 60387.56.

Among the 50 stocks in the Nifty index, 16 were trading in the green, while 34 were in the red.

Shares of YES Bank, PNB, IOB, Bank of Maharashtra and L&T Fin Holding were among the most traded shares on the NSE.

Shares of Arvind SmartSpaces, Generic Engg, Bombay Super Hybrid, Innovana Thinklabs and Network People Services Technologies Ltd. hit their fresh 52-week highs in today's trade, while Music Broadcast, Jaypee Infra, Wanbury Ltd, Acrysil and Sintex Inds. hit fresh 52-week lows in trade.