Stock market update: Nifty Pharma index falls 0.55% in an upbeat market

Stock market update: Nifty Pharma index falls 0.55% in an upbeat market
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The Nifty Pharma index was trading 0.55 per cent down at 13887.55.

Reuters
Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
NEW DELHI: The Nifty Pharma index traded negative around 11:15AM(IST)on Monday in an upbeat market.

Ipca Laboratories(up 0.9 per cent), Abbott India(up 0.65 per cent), Divis Laboratories(up 0.62 per cent) and Natco Pharma(up 0.61 per cent) were among the top gainers.

Granules India(down 6.04 per cent), Laurus(down 2.17 per cent), Strides Pharma Science(down 1.99 per cent), Lupin(down 1.34 per cent) and Dr Reddys Laboratories(down 1.05 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.55 per cent at 13887.55 at the time of writing this report.

Benchmark NSE Nifty50 index was up 46.6 points at 18302.35, while the BSE Sensex was up 122.97 points at 61346.0.

Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.

Shares of JP Power, Alok Industries, Vodafone Idea, Suzlon Energy and HFCL were among the most traded shares on the NSE.

Shares of InfoBeans Tech, Vivo Collaboration Solutions Ltd., Metro Brands Ltd., Khaitan Chem and Precision Wires hit their fresh 52-week highs in today's trade, while Asian Hotels(W)and Uniinfo Telecom Serv hit fresh 52-week lows in trade.

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