NEW DELHI: Losses in shares of Sun Pharmaceutical Industries (down 1.42 per cent), Dr. Reddy's Laboratories (down 1.23 per cent) and Divi's Laboratories (down 0.87 per cent) were keeping the Nifty Pharma index in the red during Monday's trade.

The Nifty Pharma index was trading 0.25 per cent down at 9,073 around 10:45 am (IST).

However, shares of Lupin (up 1.05 per cent), GlaxoSmithKline Pharmaceuticals (up 0.96 per cent), Glenmark Pharmaceuticals (up 0.93 per cent), Piramal Enterprises (up 0.91 per cent), Aurobindo Pharma (up 0.84 per cent), Cadila Healthcare (up 0.42 per cent) and Cipla (up 0.24 per cent) were trading with gains in the pharma index around that time.

Equity markets were bullish on sustained buying in key frontline counters led by metal, auto, capital goods and banking stocks.

The NSE Nifty50 index was 71 points up at 10,563, while the BSE Sensex was 246 points up at 34,388.

Among the 50 stocks in the Nifty50 index, 37 were trading in the green, while 13 were in the red.

Punjab National Bank, Bharti Infratel, SAIL, Ashok Leyland, Tata Motors were among the most traded stocks on the NSE.