Stock market update: Nifty Pharma index falls 0.39% in a weak market

NEW DELHI: The Nifty Pharma index traded negative around 10:19AM(IST)on Friday in a weak market.

Granules India(up 1.61 per cent), Alembic Pharmaceuticals(up 0.27 per cent), Abbott India(up 0.2 per cent), Alkem Laboratories(up 0.18 per cent) and Divis Laboratories(up 0.07 per cent) were among the top gainers.

Aurobindo Pharma(down 3.11 per cent), Gland Pharma(down 0.74 per cent), Glenmark Pharmaceuticals(down 0.72 per cent), Cadila Healthcare(down 0.67 per cent) and Dr Reddys Laboratories(down 0.64 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.39 per cent at 13996.8 at the time of writing this report.

Benchmark NSE Nifty50 index was down 47.4 points at 18210.4, while the BSE Sensex was down 193.18 points at 61042.12.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 27 were in the red.

Shares of JP Power, Suzlon Energy, Vodafone Idea, YES Bank and Tata Power were among the most traded shares on the NSE.

Shares of Coastal Corp, Macpower CNC Machine, Univastu India, Coffee Day Ent and Orbit Exports hit their fresh 52-week highs in today's trade, while Dilip Buildcon and PayTM hit fresh 52-week lows in trade.