HDFC Bank, Reliance Industries, Bajaj Finance, Titan Company, ITC are the positive contributors in the Nifty.
The Indian benchmark indices trading flat in the afternoon trading session. The Sensex is up 3.06 points at 33599.86, and the Nifty is down 4.10 points at 10321.10.
Metal, IT and infra index are underperforming the market. Coal India, Vedanta, JSW Steel, Hindalco and KIOCL are among the top losers on the metal index.
20 stocks including Dilip Buildcon, Mphasis, MRF, Pidilite Industries were some of the Nifty stocks which hit fresh 52-week high in today's trade while Strides Shasun, Bombay Rayon, Gitanjali Gem hit new 52-week low.
Pharma index gained 1.5 percent leading by Piramal Enetrprises and Lupin (up 4 percent) followed by Sun Pharma, Cipla, Cadila Healthcare.
HDFC Bank, Reliance Industries, Bajaj Finance, Titan Company, ITC are the positive contributors in the Nifty.
On the NSE, the market breadth was in favour of the advances with 979 stocks advancing while 734 declined and 320 remained unchanged. On the other hand, in the BSE, 1484 stocks advanced and 1033 declined and 118 remained unchanged.
Lupin advanced 7 percent intraday Friday as company received the EIR from USFDA.
The company has received the establishment investigation report (EIR) from USFDA for the successful inspection of its Pithampur, Unit 1. The inspection was conducted in July 2017.