Share market update: Nifty Pharma index up; Sun Pharma rises over 1%

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

Shares of Sun Pharmaceutical Industries (up 1.78 per cent), Cipla (up 0.74 per cent), Cadila Healthcare (up 0.52 per cent) and Dr. Reddy's Laboratories (up 0.48 per cent) were the top gainers in the index.

Piramal Enterprises (down 2.01 per cent), Biocon (down 1.64 per cent), Lupin (down 0.25 per cent) and Aurobindo Pharma (down 0.18 per cent) were trading lower.

The Nifty Pharma index was trading 0.16 per cent up at 8256.30 around 10:20 am.

Benchmark NSE Nifty50 index was down 59.65 points at 11,905.95 while the BSE Sensex was down 213.99 points at 39,736.47.

Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.

Shares of YES Bank, Indiabulls Housing Finance, SAIL, Dish TV India, PNB, Vodafone Idea, JSPL, Bank of Baroda, Motherson Sumi and Tata Steel were among the most traded shares on the NSE.