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Market Now: Nifty Pharma index choppy; Piramal Enterprises, Cipla among losers

ETMarkets.com|
Oct 23, 2017, 11.30 AM IST
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On the NSE, 858 stocks were advancing, compared with 775 stocks declining and 344 stocks remaining unchanged.
On the NSE, 858 stocks were advancing, compared with 775 stocks declining and 344 stocks remaining unchanged.
NEW DELHI: The Nifty Pharma index was trading on a choppy note in Monday's trade with shares of Piramal Enterprises (down 1.12 per cent), Cipla (down 1.12 per cent), Glenmark Pharmaceuticals (down 0.72 per cent), Lupin (down 0.65 per cent), Divi's Laboratories (down 0.46 per cent) and Cadila Healthcare (down 0.13 per cent) as the losers.

However, shares of Sun Pharmaceutical Industries (up 1.15 per cent), Aurobindo Pharma (up 0.54 per cent), GlaxoSmithKline Pharmaceuticals (up 0.50 per cent) and Dr. Reddy's Laboratories (up 0.16 per cent) were gaining in trade.

The Nifty Pharma index was trading 0.01 per cent down at 9,593 around 11.20 am (IST). Benchmark Nifty50 index was 0.27 per cent up at 10,174, while the 30-share Sensex was 0.21 per cent up at 32,457.

Equity benchmarks were trading firm underpinned by buying in IT, metal and realty stocks.

Bharti Airtel, UltraTech Cement, Ambuja Cements, ICICI Bank, HCL Tech, Hero MotoCorp, GAIL, Coal India, Reliance Industries, Infosys, Sun Pharma and Tech Mahindra were trading as the top gainers in the Nifty50 index.

However, Bharti Infratel, Axis Bank, Eicher Motors, Bajaj Auto, HDFC, Asian Paints, Cipla and UPL were among the top losers.

On the NSE, 858 stocks were advancing, compared with 775 stocks declining and 344 stocks remaining unchanged.
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