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

NEW DELHI: The Nifty Pharma index traded negative around 10:24AM(IST)on Thursday in an upbeat market.

Gland Pharma(up 1.97 per cent), Divis Laboratories(up 1.55 per cent), Ipca Laboratories(up 0.92 per cent), Alkem Laboratories(up 0.51 per cent) and Pfizer(up 0.43 per cent) were among the top gainers.

Biocon(down 4.48 per cent), Laurus(down 2.59 per cent), Granules India(down 1.26 per cent), Dr Reddys Laboratories(down 1.06 per cent) and Strides Pharma Science(down 0.9 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.21 per cent at 12602.95 at the time of writing this report.

Benchmark NSE Nifty50 index was up 204.95 points at 16846.75, while the BSE Sensex was up 753.67 points at 56569.99.

Among the 50 stocks in the Nifty index, 42 were trading in the green, while 8 were in the red.

Shares of Zomato Ltd., YES Bank, Tata Steel, Suzlon Energy and Tata Motors were among the most traded shares on the NSE.

Shares of Schaeffler India, Campus Activewear Ltd., International Constructions Ltd., Kshitij Polyline and E2E Networks hit their fresh 52-week highs in today's trade, while Spicejet, IMP Powers Ltd, GSK Pharma, Sical Logistics and Bajaj Hindusthan Su hit fresh 52-week lows in trade.