Stock market update: Nifty Pharma index advances 1.13% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 10:34AM(IST)on Thursday in an upbeat market.

Cipla(up 1.99 per cent), Lupin(up 1.77 per cent), Glenmark Pharmaceuticals(up 1.3 per cent), Dr Reddys Laboratories(up 1.19 per cent) and Sun Pharmaceutical Industries(up 1.17 per cent) were among the top gainers.

Granules India(down 0.67 per cent), Abbott India(down 0.66 per cent) and Alkem Laboratories(down 0.27 per cent) were the top losers on the index.

The Nifty Pharma index was up 1.13 per cent at 12824.9 at the time of writing this report.

Benchmark NSE Nifty50 index was up 32.0 points at 17420.15, while the BSE Sensex was up 100.97 points at 58451.5.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.

Shares of Zomato Ltd., , , and were among the most traded shares on the NSE.

Shares of , , ., Party Cruisers Ltd. and DSJ Comm hit their fresh 52-week highs in today's trade, while , Melstar Info, , and Future Consumer hit fresh 52-week lows in trade.