Stock market update: Nifty Pharma index falls 0.21% in an upbeat market

NEW DELHI: The Nifty Pharma index traded negative around 10:14AM(IST)on Thursday in an upbeat market.

Alkem Laboratories(up 1.4 per cent), Natco Pharma(up 1.19 per cent), Gland Pharma(up 0.78 per cent), Abbott India(up 0.72 per cent) and Lupin(up 0.29 per cent) were among the top gainers.

Torrent Pharmaceuticals(down 1.5 per cent), Granules India(down 1.1 per cent), Cipla(down 1.07 per cent), Laurus(down 0.92 per cent) and Glenmark Pharmaceuticals(down 0.65 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.21 per cent at 13116.85 at the time of writing this report.

Benchmark NSE Nifty50 index was up 85.4 points at 18843.75, while the BSE Sensex was up 281.22 points at 63380.87.

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

Shares of Indian Railway Finance Corporation Ltd., Suzlon Energy, JP Power, Rail Vikas Nigam and Vodafone Idea were among the most traded shares on the NSE.

Shares of HPL Electric Power, HLV Ltd., Axita Cotton, Salasar Techno Engg and Tamilnad Mercantile Bank Ltd. hit their fresh 52-week highs in today's trade, while Lloyds Luxuries Ltd., Proseed India, FutureLifestyleFash, Zim Laboratories and Future Enterprises hit fresh 52-week lows in trade.