Share market update: Nifty Pharma index down; Aurobindo Pharma slumps 6%

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NEW DELHI: Pharma shares were down in Friday’s morning session with their sectoral index trading lower.

Shares of Aurobindo Pharma (down 6 per cent), Cadila HealthcareNSE -2.95 % (down 3.57 per cent), LupinNSE -3.97 % (down 2.40 per cent) and Biocon (down 1.23 per cent) were the top losers in the index.

Sun Pharmaceutical Industries (down 1.19 per cent), Dr. Reddy’s Laboratories (down 0.86 per cent), Cipla (down 0.76 per cent) and Divi’s Laboratories (down 0.65 per cent) too were trading in the red.

The Nifty Pharma index was trading 1.41 per cent down at 8456.70 around 10:18 am.

Benchmark NSE Nifty50 index was up 43.30 points at 11,300.40 while the BSE Sensex was up 174.97 points at 37,568.45.

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, PNB, DHFL, ZEEL, PC Jeweller, Tata Motors, Bank of India, SBI and Motherson Sumi were among the most traded shares on the NSE.

[“source=economictimes.indiatimes”]