Market Now: Pharma index down; Sun Pharma top drag

ETMarkets.com|
Updated: Mar 08, 2018, 01.50 PM IST
0Comments
Market Now: Pharma index down; Sun Pharma top drag
YES Bank, Tata Steel and Tata Motors were among the top losers in the Nifty pack of stocks.
NEW DELHI: Pharma stocks Sun Pharmaceutical Industries (down 1.51 per cent), GlaxoSmithKline Pharmaceuticals (down 1.17 per cent) and Glenmark Pharmaceuticals (down 0.81 per cent) were trading with losses in afternoon trade on Thursday.

The Nifty Pharma index was trading 0.47 per cent down at 8,574 around 01:40 pm (IST).

Shares of Dr. Reddy's Laboratories (down 0.72 per cent), Cipla (down 0.61 per cent) and Aurobindo Pharma (down 0.57 per cent) were also in the red.

However, shares of Cadila Healthcare (up 1.97 per cent), Divi's Laboratories (up 0.98 per cent), Piramal Enterprises (up 0.76 per cent) and Lupin (up 0.60 per cent) were trading with gains around that time.

Equity benchmarks were in the positive terrain, backed by buying in bank, financial, auto and IT stocks amid positive global cues.

The NSE Nifty50 index was up 52 points at 10,206, while the BSE Sensex was up 180 points at 33,213.

Among the 50 stocks in the Nifty50 index, 28 were trading in the green, while 22 were in the red.

Bharti Infratel, Mahindra and Mahindra, State Bank of India, Reliance Industries and ICICI Bank were among the top gainers in the Nifty index.

However, YES Bank, Sun Pharma, Tata Steel, Hindalco Industries and Tata Motors were among the top losers in the Nifty pack of stocks.
0Comments
Read more on
Comments
Add Your Comments

From Around The Web

How to fix your Fatigue (do this every day)!

GundryMD

Desi TV Anywhere, Anytime and Affordable

SLING INTERNATIONAL

Profit from Commercial RE investment - low risk high return

Property Share

If I don't get 2 Lakh, I may lose my baby

KETTO

More from The Economic Times

In Focus: Top stocks to track in today's trading session

What I Read This Week: World's most traded goods

These stocks have slipped up to 65% in 25 sessions

Bihar chief secy named accused in fodder scam case