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Market Now: Pharma stocks down; Aurobindo Pharma slips 2%

ETMarkets.com|
Updated: Jan 16, 2018, 02.38 PM IST
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Market Now: Pharma stocks down; Aurobindo Pharma slips 2%
Benchmark NSE Nifty50 index was 25 points down at 10,717, while the BSE Sensex was 10 points down at 34,833.
NEW DELHI: Pharma stocks Aurobindo Pharma (down 1.82 per cent), Cipla (down 1.46 per cent), Piramal Enterprises (down 0.82 per cent), Cadila Healthcare (down 0.81 per cent), Lupin (down 0.68 per cent) and GlaxoSmithKline Pharmaceuticals (down 0.61 per cent) were trading down in afternoon trade on Tuesday.

The Nifty Pharma index was trading 0.14 per cent down at 9,647 around 02:30 pm (IST).

However, shares of Dr. Reddy's Laboratories (up 1.76 per cent), Divi's Laboratories (up 1.19 per cent), Glenmark Pharmaceuticals (up 0.74 per cent) and Sun Pharmaceutical Industries (up 0.34 per cent) were trading with gains in the index around that time.

Benchmark NSE Nifty50 index was 25 points down at 10,717, while the BSE Sensex was 10 points down at 34,833.

Among the 50 stocks in the Nifty50 index, 16 were trading in the green, while 34 were in the red.

ICICI Bank, State Bank of India, SAIL, Idea Cellular, Bank of Baroda, Punjab National Bank, Infosys and ITC were among the most traded stocks on NSE.
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