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    Stock market update: Nifty Pharma index advances 0.78%

    Synopsis

    The Nifty Pharma index closed 0.78 per cent up at 12696.3.

    Stock-market-4---istockAgencies
    Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
    NEW DELHI: The Nifty Pharma index closed on a positive note on Wednesday.

    Shares of Biocon(up 3.35 per cent), Glenmark Pharmaceuticals(up 2.35 per cent), Granules India(up 2.33 per cent), Lupin(up 2.11 per cent) and Alkem Laboratories(up 1.77 per cent) ended the day as top gainers in the pack.

    On the other hand, Natco Pharma(down 1.13 per cent), Alembic Pharmaceuticals(down 0.44 per cent), Ipca Laboratories(down 0.39 per cent) and Laurus(down 0.23 per cent) finished as the top losers of the day.

    The Nifty Pharma index closed 0.78 per cent up at 12696.3.

    Benchmark NSE Nifty50 index ended down 31.2 points at 17624.4, while the BSE Sensex stood down 168.08 points at 59028.91.

    Among the 50 stocks in the Nifty index, 27 ended in the green, while 23 closed in the red.

    Shares of Vodafone Idea, YES Bank, Suzlon Energy, Bharti Airtel and JP Power were among the most traded shares on the NSE.

    Shares of Bharat Wire Ropes, GRSE, Macpower CNC Machine, Rajratan Global and EIH hit their fresh 52-week highs in today's trade, while Debock Sales & Mktg, Shri Ram Switchgears, OrissaBengalCarrier, Tijaria Polypip and Mastek Ltd hit their fresh 52-week lows.



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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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