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Market Now: Pharma stocks in pain; Divi's Lab, Dr. Reddy's Lab top losers

ETMarkets.com|
Updated: Nov 22, 2017, 01.58 PM IST
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Among the 50 stocks in the Nifty50 index, 21 were trading in the green, while 28 were in the red.
Among the 50 stocks in the Nifty50 index, 21 were trading in the green, while 28 were in the red.
NEW DELHI: Pharma stocks Divi's Laboratories (down 1.65 per cent), Dr. Reddy's Laboratories (down 1.43 per cent) and Cadila Healthcare (down 1.27 per cent) were trading in the negative territory in afternoon trade on Wednesday.

The Nifty Pharma index was trading 0.50 per cent down at 9,300 around 01:50 pm (IST).

Shares of Aurobindo Pharma (down 1.14 per cent), Piramal Enterprises (down 0.80 per cent), Lupin (down 0.63 per cent) and GlaxoSmithKline Pharmaceuticals (down 0.22 per cent) were also in the red around that time.

Cipla (up 0.63 per cent) and Glenmark Pharmaceuticals (up 0.19 per cent) were the two components in the Nifty Pharma index that were trading up around that time.

Benchmark NSE Nifty50 index was 25 points up at 10,352, while the BSE Sensex was 127 points up at 33,606.

Among the 50 stocks in the Nifty50 index, 21 were trading in the green, while 28 were in the red.

Shares of Ashok Leyland, State Bank of India, Punjab National Bank, Bank of Baroda, Idea Cellular, SAIL, Tata Motors, DLF, ITC, ICICI Bank, YES Bank and Tata Power were among the most traded securities on the National Stock Exchange.

Zee Entertainment, Adani Ports SEZ, GAIL, State Bank of India, HDFC and Tata Motors were among top gainers in the Nifty50 index.

However, Tech Mahindra, Bharti Infratel, Bajaj Finance, Dr Reddy's Labs, Hindalco and Aurobindo Pharma were among the losers in the Nifty50 index.
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