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Wednesday, April 14, 2021

Stock market update: Pharma stocks down; Sun Pharma loses nearly 2%

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NEW DELHI: Pharma stocks were trading lower at 11:55AM (IST) on Wednesday.

Shares of Sun Pharmaceutical Industries (down 1.66 per cent), Aurobindo Pharma (down 0.92 per cent), Cadila Healthcare (down 0.75 per cent), Cipla (down 0.22 per cent) and Biocon (down 0.14 per cent) were the top losers in the index.

While Torrent Pharmaceuticals (up 1.76 per cent), Alkem Laboratories (up 1.22 per cent), Divis Laboratories (up 0.97 per cent), Dr Reddy’s Laboratories (up 0.4 per cent) and Lupin (up 0.03 per cent) were among the top gainers.

The Nifty Pharma index was trading 0.14 per cent down at 11323.85 around 11:55AM.

Benchmark NSE Nifty50 index was up 5.25 points at 11475.5, while the BSE Sensex was down 0.03 points at 38900.77.

Among the 50 stocks in the Nifty index, 27 were trading in the green, while 23 were in the red.

Shares of Vodafone Idea, YES Bank, Zee Ent., Tata Motors and SBI were among the most traded shares on the NSE.

Shares of Central Depository Services (India) Ltd., Adani Green Energy Ltd., IndiaMART InterMESH Ltd., Hathway Cable and Godrej Ind hit their fresh 52 week high in today’s trade, while Libas Designs Ltd. hit fresh 52 week low in trade.

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