Stock market update: Nifty Pharma index falls 0.18%

Stock market update: Nifty Pharma index falls 0.18%
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The Nifty Pharma index closed 0.18 per cent down at 13120.65.

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
NEW DELHI: The Nifty Pharma index closed on a negative note on Thursday.

Shares of Natco Pharma(up 2.9 per cent), Abbott India(up 1.57 per cent), Biocon(up 0.95 per cent), Lupin(up 0.55 per cent) and Aurobindo Pharma(up 0.33 per cent) ended the day as top gainers in the pack.

On the other hand, Gland Pharma(down 1.5 per cent), Granules India(down 1.49 per cent), Glaxosmithkline Pharmaceuticals(down 1.34 per cent), Cipla(down 1.29 per cent) and Torrent Pharmaceuticals(down 1.1 per cent) finished as the top losers of the day.

The Nifty Pharma index closed 0.18 per cent down at 13120.65.

Benchmark NSE Nifty50 index ended up 54.15 points at 18812.5, while the BSE Sensex stood up 184.54 points at 63284.19.

Among the 50 stocks in the Nifty index, 27 ended in the green, while 22 closed in the red.

Shares of Ltd., , PNB, JP Power and Tata Steel were among the most traded shares on the NSE.

Shares of Axita Cotton, , , and HLV Ltd. hit their fresh 52-week highs in today's trade, while , , , Vital Chemtech Ltd. and hit their fresh 52-week lows.
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