Stock market update: Nifty Pharma index advances 0.55% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 11:05AM(IST)on Tuesday in an upbeat market.

Aurobindo Pharma(up 3.75 per cent), Strides Pharma Science(up 2.81 per cent), Glenmark Pharmaceuticals(up 2.73 per cent), Granules India(up 1.55 per cent) and Zydus Lifesciences(up 1.18 per cent) were among the top gainers.

Biocon(down 0.39 per cent), Torrent Pharmaceuticals(down 0.29 per cent), Alkem Laboratories(down 0.27 per cent), Abbott India(down 0.21 per cent) and Dr Reddys Laboratories(down 0.03 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.55 per cent at 12259.15 at the time of writing this report.

Benchmark NSE Nifty50 index was up 61.65 points at 15836.05, while the BSE Sensex was up 184.7 points at 53031.4.

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

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

Shares of Sonu Infratech Ltd., Akshar Spintex, Kohinoor Foods, Standard Ind and Hindustan Motor hit their fresh 52-week highs in today's trade, while G R Infraprojects Ltd., E2E Networks, HPCL, Innovative Tyres & T and Vijaya Diagnostic hit fresh 52-week lows in trade.