Share market update: Nifty Pharma index up; Piramal Enterprises rises 1%

NEW DELHI: Pharma shares were trading higher in Wednesday's morning session with their sectoral index in the green.

Shares of Piramal Enterprises (up 1.21 per cent) , Dr. Reddy's Laboratories (up 0.73 per cent) and Biocon (up 0.65 per cent) were trading higher.

Sun Pharmaceutical Industries (up 0.55 per cent) , Lupin (up 0.29 per cent) and Cadila Healthcare (up 0.24 per cent) too were in the green.

The Nifty Pharma index was trading 0.27 per cent up at 9270.35 around 11:04 am.

Benchmark NSE Nifty50 index was up 50.50 points at 11,533.75 while the BSE Sensex was up 200.13 points at 38,433.54.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.

Shares of YES Bank, ICICI Prudential Life Insurance Company , SBI, Ashok Leyland, NTPC, SAIL, Bank of Baroda and ICICI Bank were among the most traded shares on the NSE.