Stock market update: Nifty Pharma index falls 0.69% in a weak market

NEW DELHI: The Nifty Pharma index traded negative around 11:05AM(IST)on Monday in a weak market.

Gland Pharma(up 1.22 per cent), Divis Laboratories(up 0.71 per cent), Torrent Pharmaceuticals(up 0.58 per cent) and Alembic Pharmaceuticals(up 0.54 per cent) were among the top gainers.

Biocon(down 3.11 per cent), Ipca Laboratories(down 2.22 per cent), Strides Pharma Science(down 2.08 per cent), Natco Pharma(down 1.8 per cent) and Aurobindo Pharma(down 1.79 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.69 per cent at 13677.45 at the time of writing this report.

Benchmark NSE Nifty50 index was down 332.35 points at 17143.3, while the BSE Sensex was down 1250.86 points at 57088.07.

Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.

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

Shares of Pearl Polymers, Magadh Sugar Energy, TCPL Packaging, Jindal Worldwide and Bang Overseas hit their fresh 52-week highs in today's trade, while McDowell Hold, Debock Sales & Mktg and Ritco Logistics hit fresh 52-week lows in trade.