Share market update: Nifty Pharma index down; Piramal Enterprises dips 2%

NEW DELHI: Pharma shares were trading lower in Tuesday's morning session with their sectoral index in the red.

Shares of Piramal Enterprises (down 2.43 per cent) , Divi's Laboratories (down 0.77 per cent) , Glenmark Pharmaceuticals (down 0.63 per cent) , and Aurobindo Pharma (down 0.58 per cent) were the top losers in the index.

Biocon (down 0.24 per cent) , Cipla (down 0.22 per cent) and Dr. Reddy's Laboratories (down 0.01 per cent) too were trading lower.

The Nifty Pharma index was trading 0.29 per cent down at 9348.45 around 10:32 am.

Benchmark NSE Nifty50 index was up 1.25 points at 11,670.40 while the BSE Sensex was up 18.02 points at 38,889.89.

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red.

Shares of Tata Motors, Vodafone Idea, Bank of Baroda, SBI, Ashok Leyland, YES Bank, SAIL, Zee Ent., BHEL and DLF were among the most traded shares on the NSE.