Stock market update: Nifty Pharma index advances 1.65%

NEW DELHI: The Nifty Pharma index closed on a positive note on Wednesday.

Shares of Sun Pharmaceutical Industries(up 4.67 per cent), Cipla(up 1.71 per cent), Dr Reddys Laboratories(up 0.99 per cent), Torrent Pharmaceuticals(up 0.87 per cent) and Cadila Healthcare(up 0.6 per cent) ended the day as top gainers in the pack.

On the other hand, Lupin(down 0.14 per cent) and Alkem Laboratories(down 0.01 per cent) finished as the top losers of the day.

The Nifty Pharma index closed 1.65 per cent up at 14404.95.

Benchmark NSE Nifty50 index ended down 37.3 points at 17711.3, while the BSE Sensex stood down 254.33 points at 59413.27.

Among the 50 stocks in the Nifty index, 28 ended in the green, while 22 closed in the red.

Shares of Vodafone Idea, YES Bank, BHEL, Tata Power and PNB were among the most traded shares on the NSE.

Shares of PTC India, Max Ventures Ind, Godfrey Philips, Arvind SmartSpaces and 8K Miles Soft hit their fresh 52-week highs in today’s trade, while CarTrade Tech Ltd., Suvidhaa Infoserve Ltd., Opto Circuits, Shrem InvIT and Transwind Infrastruc hit their fresh 52-week lows.

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