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

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

Shares of Piramal Enterprises (down 2.06 per cent), Cadila Healthcare (down 1.02 per cent), Lupin (down 0.99 per cent) and Dr. Reddy's Laboratories (down 0.87 per cent) were trading lower.

Cipla (down 0.68 per cent), Glenmark Pharmaceuticals (down 0.53 per cent) and Sun Pharmaceutical Industries (down 0.33 per cent) too were trading with losses.

The Nifty Pharma index was trading 0.59 per cent down at 8282 around 10:13 am.

Benchmark NSE Nifty50 index was down 19.35 points at 11,668.15 while the BSE Sensex was down 55.84 points at 39,159.80.

Among the 50 stocks in the Nifty index, 16 were trading in the green, while 34 were in the red.

Shares of YES Bank, Vodafone Idea, Adani Power, Wipro, Mindtree, Bank of Baroda, Dish TV India, SBI, Tata Motors and PNB were among the most traded shares on the NSE.