Stock market update: Nifty Pharma index falls 0.63%

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NEW DELHI: The Nifty Pharma index closed on a negative note on Thursday.

Shares of Alkem Laboratories(up 2.25 per cent), Gland Pharma(up 1.0 per cent), Natco Pharma(up 0.62 per cent) and Alembic Pharmaceuticals(up 0.16 per cent) ended the day as top gainers in the pack.

On the other hand, Divis Laboratories(down 1.52 per cent), Torrent Pharmaceuticals(down 1.28 per cent), Dr Reddys Laboratories(down 1.06 per cent), Pfizer(down 0.98 per cent) and Lupin(down 0.95 per cent) finished as the top losers of the day.

The Nifty Pharma index closed 0.63 per cent down at 13912.25.

Benchmark NSE Nifty50 index ended down 179.35 points at 17745.9, while the BSE Sensex stood down 621.31 points at 59601.84.

Among the 50 stocks in the Nifty index, 15 ended in the green, while 34 closed in the red.

Shares of JP Power, Vodafone Idea, YES Bank, Suzlon Energy and Alok Industries were among the most traded shares on the NSE.

Shares of Nahar Capital, Compuage Infocom, GRP Ltd, Lagnam Spintex and Manaksia Steels hit their fresh 52-week highs in today’s trade, while Policy Bazaar, Shri Ram Switchgears, McDowell Hold, PayTM and SVP Global hit their fresh 52-week lows.