Share market update: Pharma stocks down; Lupin crumbles 6%

Share market update: Pharma stocks down; Lupin crumbles 6%
ETMarkets.com
Synopsis

The Nifty Pharma index was trading -0.55 per cent down at 11340.5.

Out of the 10 stocks in the index, 4 were trading in the green while 6 were trading in the red.

Related Companies

NSE
BSE

PEER COMPANIES

PEER COMPANIES

PEER COMPANIES

PEER COMPANIES

PEER COMPANIES

PEER COMPANIES

NEW DELHI: Pharma stocks were trading on a negative note on Friday's afternoon session.

Shares of Alkem Laboratories (up 2.42 per cent), Dr Reddys Laboratories (up 0.54 per cent), Divis Laboratories (up 0.44 per cent) and Cadila Healthcare (up 0.19 per cent) were among the top gainers.

While Lupin (down 6.09 per cent), Biocon (down 1.29 per cent), Sun Pharmaceutical Industries (down 1.12 per cent), Aurobindo Pharma (down 0.36 per cent) and Torrent Pharmaceuticals (down 0.2 per cent) were the top losers in the index.

The Nifty Pharma index was trading 0.55 per cent down at 11340.5 around 11:45AM.

Benchmark NSE Nifty50 index was down 16.50 points at 11183.65, while the BSE Sensex was 91.17 points at 37934.28.

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red.

Shares of YES Bank, Vodafone Idea, Alok Industries, RBL Bank Ltd. and Tata Motors were among the most traded shares on the NSE.
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)