Stock market update: Nifty Pharma index falls 1.34% in a weak market

NEW DELHI: The Nifty Pharma index traded negative around 10:19AM(IST)on Monday in a weak market.

Pfizer(up 0.99 per cent) were among the top gainers.

Divis Laboratories(down 2.12 per cent), Alkem Laboratories(down 2.02 per cent), Biocon(down 1.86 per cent), Lupin(down 1.75 per cent) and Strides Pharma Science(down 1.67 per cent) were the top losers on the index.

The Nifty Pharma index was down 1.34 per cent at 12959.2 at the time of writing this report.

Benchmark NSE Nifty50 index was down 225.65 points at 17089.0, while the BSE Sensex was down 755.3 points at 57435.99.

Among the 50 stocks in the Nifty index, 3 were trading in the green, while 47 were in the red.

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

Shares of Axita Cotton, Sakar Healthcare, Apollo Sindoori, One Point One Soluti and Kothari Sugars hit their fresh 52-week highs in today's trade, while Ishan International Ltd., Akshar Spintex, Tips Films Ltd., Reliance Comm and Maks Energy Solutions India Ltd. hit fresh 52-week lows in trade.