Stock market update: Nifty Pharma index sheds over 1%; Lupin falls 3%

Stock market update: Nifty Pharma index sheds over 1%; Lupin falls 3%
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The index was trading 1.36 per cent down at 12629.5.

Out of the 10 stocks in the index, 1 stock was trading with gains while 9 were trading with losses.

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NEW DELHI: Nifty Pharma index was trading on a negative note at 02:14PM (IST) on Wednesday.

Shares of Lupin (down 2.84 per cent), Dr Reddy's Laboratories (down 1.92 per cent), Aurobindo Pharma (down 1.61 per cent), Torrent Pharmaceuticals (down 1.31 per cent) and Divi's Laboratories (down 1.3 per cent) were the top losers in the index.

While (up 0.36 per cent) was the sole gainer in the index.

The Nifty Pharma index was trading 1.36 per cent down at 12629.5 around 02:14PM.

Benchmark NSE Nifty50 index was down 81.70 points at 15231.75, while the BSE Sensex was down 307.21 points at 51796.96.

Among the 50 stocks in the Nifty index, 16 were trading in the green, while 33 were in the red.

Shares of PNB, Vodafone Idea, Central Bank of India, and Bank of India were among the most traded shares on the NSE.

Shares of Bank of India, Bank of Maharashtra, IOB, Happiest Minds and Indian Bank hit their fresh 52 week high in today's trade, while Vera Synthetic, Jiya Eco Products, Sanwaria Consumer, We Win and Shri Ram Switchgears hit fresh 52 week low in trade.

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