Share market update: Pharma shares rally; Piramal Enterprises jumps 5%

NEW DELHI: Pharma shares were trading in the green in Friday's afternoon session.

Shares of Piramal Enterprises (up 5.42 per cent), Biocon (up 2.24 per cent), Dr. Reddy's Laboratories (up 1.11 per cent) and Cadila Healthcare (up 0.69 per cent) were the top performers in the index.

Cipla (up 0.37 per cent), Divi's Laboratories (up 0.15 per cent) and Glenmark Pharmaceuticals (up 0.15 per cent) too were trading in the green.

The Nifty Pharma index was trading 0.79 per cent up at 8894.80 around 01:47 pm.

Benchmark NSE Nifty50 index was up 93.95 points at 10,924.90 while the BSE Sensex was up 323.88 points at 36580.57.

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

Shares of Vedanta, Ashok Leyland, YES Bank, SBI, ICICI Bank, ITC, Tata Motors, DLF and Axis Bank were among the most traded shares on the NSE.