Share market update: Nifty Pharma index down; Aurobindo Pharma slips 3%

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

Shares of Aurobindo Pharma (down 2.95 per cent), Dr. Reddy's Laboratories (down 1.50 per cent), Lupin (down 1.12 per cent) and Biocon (down 1.10 per cent) were trading lower.

Cipla (down 0.85 per cent), Cadila Healthcare (down 0.78 per cent) and Sun Pharmaceutical Industries (down 0.34 per cent) too were trading in the red.

The Nifty Pharma index was trading 0.67 per cent down at 8047.05 around 10:17 am.

Benchmark NSE Nifty50 index was down 2 points at 11,908.30 while the BSE Sensex was down 2.87 points at 39,813.61.

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

Shares of YES Bank, Adani Power, Vodafone Idea, Ashok Leyland, Indiabulls Housing Finance, ITC, SAIL, PNB, Bharti Airtel and Bank of Baroda were among the most traded shares on the NSE.