Stock market update: Nifty Pharma index advances 0.16% in a weak market

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

Granules India(up 2.68 per cent), Dr Reddys Laboratories(up 1.14 per cent), Glenmark Pharmaceuticals(up 1.0 per cent), Sun Pharmaceutical Industries(up 0.78 per cent) and Torrent Pharmaceuticals(up 0.65 per cent) were among the top gainers.

Gland Pharma(down 2.36 per cent), Natco Pharma(down 2.0 per cent), Biocon(down 0.8 per cent), Divis Laboratories(down 0.63 per cent) and Zydus Lifesciences(down 0.27 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.16 per cent at 12771.45 at the time of writing this report.

Benchmark NSE Nifty50 index was down 29.8 points at 17786.45, while the BSE Sensex was down 58.36 points at 59661.38.

Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.

Shares of YES Bank, Shree Ren Sug, Central Bank, Vodafone Idea and Suzlon Energy were among the most traded shares on the NSE.

Shares of Airo Lam, Swaraj Engines, Liberty Shoes, Trans & Rectif and McLeod Russel hit their fresh 52-week highs in today's trade, while Dynemic Product(PP), JFL Life Sciences Ltd., MEP Infrastructure, GRM Overseas and Gland Pharma hit fresh 52-week lows in trade.