Nifty Pharma stocks remained steady amid volatile trade on Tuesday. The index after a marginally higher at the start of Tuesday's trade and was trading flat in the afternoon.
Biocon and
Lupin led the gains to support the index.
Torrent, Pharma,
Divis Lab and
Dr Reddys were among the major losers.
At around 1.35 pm, Nifty Pharma was trading at 12,735.40
down 9.70
points or 0.08%.
Biocon rose 1.07% to Rs414.75 per piece after the company on Monday said its subsidiary, Biocon Biologics, partnered International Diabetes Federation (IDF) to promote diabetes care, prevention and effective management worldwide.
Lupin also jumped 1.28% to Rs1,072.10 per piece on Tuesday. Cadila, Cipla and Aklem Lab also traded higher.
Torrent Pharma shed 1.07% at Rs2,578.50 per piece. Divis Lab was 0.77% down at Rs3,682.55 per piece. DR Reddys also was 0.60% on the downside at Rs4,681.50 per piece. Sun Pharma and Auro Pharma also traded marginally in the red.