Stock market update: Pharma stocks rise; Sun Pharma gains 2%

NEW DELHI: Pharma stocks were trading with gains at 12:34PM (IST) on Friday.

Shares of Sun Pharmaceutical Industries (up 2.34 per cent), Divis Laboratories (up 1.5 per cent), Lupin (up 0.42 per cent), Dr Reddys Laboratories (up 0.35 per cent) and Cipla (up 0.26 per cent) were among the top gainers.

While Alkem Laboratories (down 0.51 per cent), Cadila Healthcare (down 0.33 per cent), Aurobindo Pharma (down 0.27 per cent) and Biocon (down 0.06 per cent) were the top losers in the index.

The Nifty Pharma index was trading 0.76 per cent up at 11628.05 around 12:34PM.

Benchmark NSE Nifty50 index was up 91.15 points at 11403.35, while the BSE Sensex was up 310.73 points at 38531.12.

Among the 50 stocks in the Nifty index, 42 were trading in the green, while 7 were in the red.

Shares of BHEL, YES Bank, Vodafone Idea, NTPC and Zee Ent. were among the most traded shares on the NSE.

Shares of BASF India, Indiabulls Ventures (PP), Aarti Drugs, Affle (India) Ltd. and Aarti Inds hit their fresh 52 week high in today’s trade, while hit fresh 52 week low in trade.