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Market Now: Pharma stocks in good health; Cadila, Lupin jump 2%

ETMarkets.com|
Updated: Jan 05, 2018, 02.16 PM IST
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Market Now: Pharma stocks in good health; Cadila, Lupin jump 2%
Shares of Cadila Healthcare were the top gainer among pharma stocks.
NEW DELHI: Most of the pharma stocks, including Cadila Healthcare (up 2.19 per cent), Lupin (up 1.68 per cent), Dr. Reddy's Laboratories (up 1.51 per cent) were trading up in afternoon trade on Friday.

The Nifty Pharma index was trading 0.45 per cent up at 9,677 around 02:10 pm (IST).

Shares of Piramal Enterprises (up 0.84 per cent), Glenmark Pharmaceuticals (up 0.45 per cent), Divi's Laboratories (up 0.27 per cent) and Aurobindo Pharma (up 0.14 per cent) were also in the positive territory.

Sun Pharmaceutical Industries (down 0.62 per cent) and GlaxoSmithKline Pharmaceuticals (down 0.51 per cent) were the two stocks in the Nifty Pharma index that was in the red around that time.

Benchmark NSE Nifty50 index was 39 points up at 10,544, while the BSE Sensex was 158 points up at 34,127.

Among the 50 stocks in the Nifty50 index, 35 were trading in the green, while 14 were in the red.

Shares of Idea Cellular, YES Bank, Bharat Heavy Electricals (BHEL), Steel Authority of India (SAIL), Punjab National Bank, State Bank of India, Tata Power, Bank of Baroda, NTPC, Vedanta, NHPC and Ashok Leyland were among the most traded stocks on the NSE.

YES Bank, Adani Ports, Bharti Airtel and Eicher Motors were trading among the top gainers in the Nifty50 index.

On the contrary, Oil & Natural Gas Corporation, Indian Oil Corporation and Bharat Petroleum Corporation were among the top losers among the Nifty stocks.
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