Share market update: Nifty Pharma index down; Lupin dips 1%

NEW DELHI: Pharma shares were trading on a mixed note in Wednesday's morning session with their sectoral index trading lower.

Shares of Divi's Laboratories (up 1.34 per cent), Glenmark Pharmaceuticals (up 0.33 per cent), Dr. Reddy's Laboratories (up 0.26 per cent) and Piramal Enterprises (up 0.07 per cent) were trading higher.

Lupin (down 1.31 per cent), Cipla (down 0.61 per cent), Biocon (down 0.42 per cent) and Sun Pharmaceutical Industries (down 0.22 per cent) were trading with losses.

The Nifty Pharma index was trading 0.09 per cent down at 9379.90 around 10:16 am.

Benchmark NSE Nifty50 index was up 26.35 points at 11,602.30 while the BSE Sensex was up 84.69 points at 38,649.57.

Among the 50 stocks in the Nifty index, 27 were trading in the green, while 22 were in the red.

Shares of Vodafone Idea, Tata Motors, YES Bank, ONGC, Ashok Leyland, SBI, Indian Oil Corp, Tata Motors, SAIL and Indiabulls Housing Finance were among the most traded shares on the NSE.