Stock market update: Nifty Pharma index advances 1.36% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 10:44AM(IST)on Thursday in an upbeat market.

Strides Pharma Science(up 3.56 per cent), Laurus(up 2.87 per cent), Natco Pharma(up 2.68 per cent), Ipca Laboratories(up 2.53 per cent) and Granules India(up 2.52 per cent) were among the top gainers.

Alembic Pharmaceuticals(down 0.82 per cent), Aurobindo Pharma(down 0.16 per cent) and Divis Laboratories(down 0.07 per cent) were the top losers on the index.

The Nifty Pharma index was up 1.36 per cent at 12793.8 at the time of writing this report.

Benchmark NSE Nifty50 index was up 54.35 points at 16021.0, while the BSE Sensex was up 181.37 points at 53695.52.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red.

Shares of Zomato Ltd., Suzlon Energy, YES Bank, Vodafone Idea and Brightcom Group were among the most traded shares on the NSE.

Shares of Spacenet Enterprise, PC Jeweller, GRP Ltd, Monte Carlo Fashion and International Constructions Ltd. hit their fresh 52-week highs in today's trade, while Suumaya Lifestyle, Sintex Plastics Tech, Future Consumer, JBF Industries and NGL Fine Chem hit fresh 52-week lows in trade.