Share market update: Nifty Pharma index down; Glenmark Pharma slumps 6%

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

Shares of Glenmark Pharmaceuticals (down 6.34 per cent), Aurobindo Pharma (down 2.53 per cent), Dr. Reddy's Laboratories (down 1.25 per cent) and Sun Pharmaceutical Industries (down 0.80 per cent) were the top losers in the index.
Cipla (down 0.66 per cent), Biocon (down 0.58 per cent) and Cadila Healthcare (down 0.32 per cent) too were trading lower.

The Nifty Pharma index was trading 0.35 per cent down at 7883.85 around 10:52 am.

Benchmark NSE Nifty50 index was down 14.30 points at 11,709.80 while the BSE Sensex was down 52.25 points at 39,142.24.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 25 were in the red.

Shares of YES Bank, Emami, Vodafone Idea, SAIL, BHEL, Motherson Sumi, Dish TV India, SBI and PNB were among the most traded shares on the NSE.

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