Stock market update: Nifty Pharma index falls 0.03% in an upbeat market

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NEW DELHI: The Nifty Pharma index traded negative around 09:59AM(IST)on Monday in an upbeat market.

Aurobindo Pharma(up 1.51 per cent), Lupin(up 1.16 per cent), Glenmark Pharmaceuticals(up 0.97 per cent), Alkem Laboratories(up 0.96 per cent) and Abbott India(up 0.71 per cent) were among the top gainers.

Ipca Laboratories(down 2.45 per cent), Gland Pharma(down 1.32 per cent), Dr Reddys Laboratories(down 0.56 per cent), Biocon(down 0.42 per cent) and Divis Laboratories(down 0.4 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.03 per cent at 13854.3 at the time of writing this report.

Benchmark NSE Nifty50 index was up 131.85 points at 17944.55, while the BSE Sensex was up 450.92 points at 60195.57.

Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.

Shares of JP Power, Vodafone Idea, YES Bank, BHEL and GMR Infra were among the most traded shares on the NSE.

Shares of Vikas Ecotech (PP), GTN Textiles, Euro Panel Products Ltd., Oriental Trimex and Vaswani Ind hit their fresh 52-week highs in today’s trade, while Vivo Collaboration Solutions Ltd., Asian Hotels(W), PayTM, Lumax Ind and McDowell Hold hit fresh 52-week lows in trade.