Stock market update: Nifty Pharma index falls 0.42%

Stock market update: Nifty Pharma index falls 0.42%
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The Nifty Pharma index closed 0.42 per cent down at 12546.85.

Reuters
On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
NEW DELHI: The Nifty Pharma index closed on a negative note on Monday.

Shares of Alkem Laboratories(up 2.67 per cent), Glenmark Pharmaceuticals(up 2.03 per cent), Ipca Laboratories(up 1.96 per cent), Cipla(up 1.07 per cent) and Biocon(up 0.55 per cent) ended the day as top gainers in the pack.

On the other hand, Natco Pharma(down 2.8 per cent), Pfizer(down 1.62 per cent), Laurus(down 1.59 per cent), Dr Reddys Laboratories(down 1.55 per cent) and Torrent Pharmaceuticals(down 1.53 per cent) finished as the top losers of the day.

The Nifty Pharma index closed 0.42 per cent down at 12546.85.

Benchmark NSE Nifty50 index ended down 382.2 points at 15863.15, while the BSE Sensex stood down 1491.06 points at 52842.75.

Among the 50 stocks in the Nifty index, 10 ended in the green, while 40 closed in the red.

Shares of Vodafone Idea, ONGC, YES Bank, Bank of Baroda and PNB were among the most traded shares on the NSE.

Shares of ONGC, Future Enterprises (DVR), Excel Ind, Hindalco and SEL Manufact hit their fresh 52-week highs in today's trade, while JK Cement, Nelcast, IndiaMART, Indigo Paints Ltd. and Spicejet hit their fresh 52-week lows.

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