Stock market update: Nifty Pharma index falls 0.8% in a weak market

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NEW DELHI: The Nifty Pharma index traded negative around 10:28AM(IST)on Monday in a weak market.

Divis Laboratories(up 0.1 per cent) were among the top gainers.

Pfizer(down 2.52 per cent), Laurus(down 2.11 per cent), Zydus Lifesciences(down 1.76 per cent), Granules India(down 1.51 per cent) and Gland Pharma(down 1.37 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.8 per cent at 12717.85 at the time of writing this report.

Benchmark NSE Nifty50 index was down 165.3 points at 16245.95, while the BSE Sensex was down 578.57 points at 54257.01.

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

Shares of Tata Power, YES Bank, Vodafone Idea, Campus Activewear Ltd. and Adani Power were among the most traded shares on the NSE.

Shares of Campus Activewear Ltd., Kritika Wires, Shanthi Gears, MMP Industries and Empyrean Cashews Ltd. hit their fresh 52-week highs in today’s trade, while Indostar Cap. Fin., Debock Sales & Mktg, P E Analytics Ltd., KN Agri Resources Ltd. and Sequent Scientific hit fresh 52-week lows in trade.