Stock market update: Nifty Pharma index falls 1.13% in a weak market

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NEW DELHI: The Nifty Pharma index traded negative around 10:45AM(IST)on Wednesday in a weak market.

Gland Pharma(up 0.18 per cent), Laurus(up 0.12 per cent) and Pfizer(up 0.02 per cent) were among the top gainers.

Biocon(down 2.62 per cent), Aurobindo Pharma(down 2.25 per cent), Alkem Laboratories(down 2.14 per cent), Cipla(down 1.89 per cent) and Glenmark Pharmaceuticals(down 1.81 per cent) were the top losers on the index.

The Nifty Pharma index was down 1.13 per cent at 11962.1 at the time of writing this report.

Benchmark NSE Nifty50 index was down 138.8 points at 15500.0, while the BSE Sensex was down 429.22 points at 52102.85.

Among the 50 stocks in the Nifty index, 6 were trading in the green, while 44 were in the red.

Shares of

, SAIL,

, MRPL and ONGC were among the most traded shares on the NSE.

Shares of

, Rachana Infrastructure Ltd., Globe Intl. Carriers,

and Globesecure Technologies Ltd. hit their fresh 52-week highs in today’s trade, while

,

,

,

and JSPL hit fresh 52-week lows in trade.