Stock market update: Nifty Pharma index falls 0.92% in a weak market

NEW DELHI: The Nifty Pharma index traded negative around 10:14AM(IST)on Monday in a weak market.

Ipca Laboratories(up 1.38 per cent) were among the top gainers.

Granules India(down 4.5 per cent), Strides Pharma Science(down 3.57 per cent), Glenmark Pharmaceuticals(down 3.2 per cent), Natco Pharma(down 2.78 per cent) and Aurobindo Pharma(down 2.67 per cent) were the top losers on the index.

The Nifty Pharma index was down 0.92 per cent at 12494.25 at the time of writing this report.

Benchmark NSE Nifty50 index was down 285.7 points at 17041.65, while the BSE Sensex was down 861.77 points at 57237.15.

Among the 50 stocks in the Nifty index, 5 were trading in the green, while 45 were in the red.

Shares of , YES Bank, , and JP Power were among the most traded shares on the NSE.

Shares of , Harsha Engineers International Ltd., , and hit their fresh 52-week highs in today's trade, while United Drilling, Ameya Precision Engineers Ltd., ., and Viviana Power Tech Ltd. hit fresh 52-week lows in trade.