Stock market update: Nifty Pharma index advances 0.71% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 10:24AM(IST)on Friday in an upbeat market.

Biocon Ltd.(up 2.18 per cent), Sun Pharmaceutical Industries Ltd.(up 1.96 per cent), Cipla Ltd.(up 1.46 per cent), Laurus Labs Ltd.(up 1.42 per cent) and Ipca Laboratories Ltd.(up 0.95 per cent) were among the top gainers.

GlaxoSmithKline Pharmaceuticals Ltd.(down 1.58 per cent), Divi's Laboratories Ltd.(down 0.66 per cent), Torrent Pharmaceuticals Ltd.(down 0.54 per cent), Zydus Lifesciences Ltd.(down 0.36 per cent) and Abbott India Ltd.(down 0.21 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.71 per cent at 18713.75 at the time of writing this report.

Benchmark NSE Nifty50 index was up 39.21 points at 22051.15, while the BSE Sensex was up 111.75 points at 72752.94.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

Shares of Vodafone Idea, YES Bank, Indian Railway Fin, Tata Steel and NHPC were among the most traded shares on the NSE.

Shares of Ausom Enterprise, Jyoti CNC Automation, The Hi-Tech Gears, Uravi T and Wedge and Shriram Pistons hit their fresh 52-week highs in today's trade, while Medico Remedies, Keerti Knowledge, SCI Land and Assets, M K Proteins and Akshar Spintex hit fresh 52-week lows in trade.