Stock market update: Nifty Pharma index advances 0.4% in a weak market

NEW DELHI: The Nifty Pharma index traded positive around 11:15AM(IST)on Friday in a weak market.

Granules India(up 3.74 per cent), Divis Laboratories(up 3.26 per cent), Cipla(up 1.58 per cent), Biocon(up 1.28 per cent) and Lupin(up 1.07 per cent) were among the top gainers.

Natco Pharma(down 1.43 per cent), Gland Pharma(down 0.75 per cent), Glaxosmithkline Pharmaceuticals(down 0.57 per cent), Alkem Laboratories(down 0.55 per cent) and Torrent Pharmaceuticals(down 0.53 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.4 per cent at 12943.95 at the time of writing this report.

Benchmark NSE Nifty50 index was down 175.05 points at 17952.3, while the BSE Sensex was down 544.89 points at 60281.33.

Among the 50 stocks in the Nifty index, 5 were trading in the green, while 45 were in the red.

Shares of YES Bank, Suzlon Energy, PNB, IOB and UCO Bank were among the most traded shares on the NSE.

Shares of Syncom Form, Ultra Wiring Connect, Vasa Retail & Overse, Omfurn India Ltd. and Abbott India hit their fresh 52-week highs in today's trade, while Abans Holdings Ltd., Megasoft, Vaxtex Cotfab, Ebixcash World Money and Goldstone Tech hit fresh 52-week lows in trade.