Stock market update: Nifty Pharma index advances 0.97% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 11:00AM(IST)on Thursday in an upbeat market.

Gland Pharma(up 7.96 per cent), Biocon(up 3.87 per cent), Granules India(up 1.3 per cent), Divis Laboratories(up 1.2 per cent) and Sun Pharmaceutical Industries(up 1.12 per cent) were among the top gainers.

Cipla(down 0.56 per cent), Natco Pharma(down 0.35 per cent), Glenmark Pharmaceuticals(down 0.34 per cent), Ipca Laboratories(down 0.25 per cent) and Pfizer(down 0.24 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.97 per cent at 13793.3 at the time of writing this report.

Benchmark NSE Nifty50 index was up 147.2 points at 17283.75, while the BSE Sensex was up 526.59 points at 57564.09.

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 9 were in the red.

Shares of Vodafone Idea, YES Bank, Reliance Power, MRPL and Coal India Ltd were among the most traded shares on the NSE.

Shares of Roto Pumps, Visa Steel Ltd, Khaitan(India), HB Stockholding and Uttam Sugar Mil hit their fresh 52-week highs in today's trade, while Felix Industries, Akash Infra-Proj, Birla Tyres, Vaxtex Cotfab and P E Analytics Ltd. hit fresh 52-week lows in trade.