Stock market update: Nifty Pharma index advances 0.26% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 10:19AM(IST)on Monday in an upbeat market.

Alkem Laboratories(up 2.2 per cent), Dr Reddys Laboratories(up 1.26 per cent), Divis Laboratories(up 1.03 per cent), Glenmark Pharmaceuticals(up 0.9 per cent) and Abbott India(up 0.73 per cent) were among the top gainers.

Laurus(down 3.1 per cent), Alembic Pharmaceuticals(down 1.15 per cent), Natco Pharma(down 1.0 per cent), Strides Pharma Science(down 0.6 per cent) and Aurobindo Pharma(down 0.59 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.26 per cent at 13916.0 at the time of writing this report.

Benchmark NSE Nifty50 index was up 67.05 points at 17738.7, while the BSE Sensex was up 212.65 points at 59519.58.

Among the 50 stocks in the Nifty index, 36 were trading in the green, while 14 were in the red.

Shares of SAIL, Vodafone Idea, Tata Power, YES Bank and BHEL were among the most traded shares on the NSE.

Shares of Kriti Ind, MPS Infotecnics, Transport Corp, Minda Corp. and Precision Wires hit their fresh 52-week highs in today's trade, while Asian Hotels(W), Intnl Conveyors, Jiya Eco Products Lt, Vikas Proppant & Gr and Sagardeep Alloys hit fresh 52-week lows in trade.