Stock market update: Nifty Pharma index advances 0.78%

Stock market update: Nifty Pharma index  advances  0.78%

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

Shares of Biocon(up 3.35 per cent), Glenmark Pharmaceuticals(up 2.35 per cent), Granules India(up 2.33 per cent), Lupin(up 2.11 per cent) and Alkem Laboratories(up 1.77 per cent) ended the day as top gainers in the pack.

On the other hand, Natco Pharma(down 1.13 per cent), Alembic Pharmaceuticals(down 0.44 per cent), Ipca Laboratories(down 0.39 per cent) and Laurus(down 0.23 per cent) finished as the top losers of the day.

The Nifty Pharma index closed 0.78 per cent up at 12696.3.

Benchmark NSE Nifty50 index ended down 31.2 points at 17624.4, while the BSE Sensex stood down 168.08 points at 59028.91.

Among the 50 stocks in the Nifty index, 27 ended in the green, while 23 closed in the red.

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

Shares of Bharat Wire Ropes, GRSE,

, Rajratan Global and EIH hit their fresh 52-week highs in today’s trade, while Debock Sales & Mktg, , , and hit their fresh 52-week lows.

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