Stock market update: Nifty Pharma index advances 1.32% in an upbeat market

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NEW DELHI: The Nifty Pharma index traded positive around 11:26AM(IST)on Wednesday in an upbeat market.

Zydus Lifesciences(up 2.66 per cent), Laurus(up 2.25 per cent), Glenmark Pharmaceuticals(up 2.09 per cent), Divis Laboratories(up 1.98 per cent) and Sun Pharmaceutical Industries(up 1.86 per cent) were among the top gainers.

Alembic Pharmaceuticals(down 0.68 per cent), Strides Pharma Science(down 0.41 per cent), Gland Pharma(down 0.39 per cent) and Ipca Laboratories(down 0.16 per cent) were the top losers on the index.

The Nifty Pharma index was up 1.32 per cent at 12504.35 at the time of writing this report.

Benchmark NSE Nifty50 index was up 61.45 points at 16545.3, while the BSE Sensex was up 233.89 points at 55502.38.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 16 were in the red.

Shares of Zomato Ltd., YES Bank, Vodafone Idea, Tata Power and

were among the most traded shares on the NSE.

Shares of

, Shoppers Stop,

.,

and

hit their fresh 52-week highs in today’s trade, while

,

, Karda Const,

and

hit fresh 52-week lows in trade.