Stock market update: Nifty Pharma index falls 0.53% in a weak market

NEW DELHI: The Nifty Pharma index traded negative around 10:50AM(IST)on Tuesday in a weak market.

Aurobindo Pharma(up 1.69 per cent), Pfizer(up 1.23 per cent), Biocon(up 1.18 per cent), Laurus(up 1.05 per cent) and Zydus Lifesciences(up 1.01 per cent) were among the top gainers.

Sun Pharmaceutical Industries(down 3.08 per cent), Natco Pharma(down 1.94 per cent), Glenmark Pharmaceuticals(down 1.77 per cent), Alembic Pharmaceuticals(down 0.93 per cent) and Torrent Pharmaceuticals(down 0.87 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.53 per cent at 12603.95 at the time of writing this report.

Benchmark NSE Nifty50 index was down 26.3 points at 16635.1, while the BSE Sensex was down 136.39 points at 55789.35.

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red.

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

Shares of Uravi T and Wedge, Foce India Ltd., Voltamp Trans, Shubhlaxmi Jewel Art and Kohinoor Foods hit their fresh 52-week highs in today's trade, while Indo Borax Chem, SVP Global, Nath Bio-Genes , Timescan Logistics(India)Ltd. and Dynemic Product hit fresh 52-week lows in trade.