Stock market update: Nifty Pharma index advances 0.39% in an upbeat market

NEW DELHI: The Nifty Pharma index traded positive around 10:04AM(IST)on Monday in an upbeat market.

Biocon Ltd.(up 4.19 per cent), Aurobindo Pharma Ltd.(up 2.27 per cent), Natco Pharma Ltd.(up 1.62 per cent), Lupin Ltd.(up 1.6 per cent) and Laurus Labs Ltd.(up 1.04 per cent) were among the top gainers.

Dr. Reddy's Laboratories Ltd.(down 0.6 per cent), J B Chemicals & Pharmaceuticals Ltd.(down 0.32 per cent), Mankind Pharma Ltd.(down 0.32 per cent), Sun Pharmaceutical Industries Ltd.(down 0.16 per cent) and Ipca Laboratories Ltd.(down 0.02 per cent) were the top losers on the index.

The Nifty Pharma index was up 0.39 per cent at 21711.75 at the time of writing this report.

Benchmark NSE Nifty50 index was up 132.46 points at 24479.15, while the BSE Sensex was up 428.75 points at 80930.74.

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.

Shares of Vodafone Idea, Indian Oil Corp., Vishal Mega Mart, YES Bank and Reliance Power were among the most traded shares on the NSE.

Shares of Reliance Naval & Engg, Godfrey Philips, Force Motors, ARSS Infra and Anupam Rasayan India hit their fresh 52-week highs in today's trade, while Keerti Knowledge, CMI Ltd, AGS Transact Tech, Gensol Engg and Quintegra Sol hit fresh 52-week lows in trade.