INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most pharma stocks were trading in the positive territory during afternoon trade on Wednesday.
Pharma majors Cadila Healthcare
Reddy's Laboratories (up 3.95 per cent), Cipla (up 2.90 per cent), Lupin (up 2.36 per cent), Sun Pharmaceutical Industries (up 1.91 per
cent) and Aurobindo Pharma (up 0.24 per cent) were trading with gains.
The Nifty Pharma index was trading 1.68 per cent up at 9,019 around
However, Divi's Laboratories (down 1.56 per cent), Glenmark Pharmaceuticals (down 1.26 per cent) and Piramal Enterprises (down 0.12 per
cent) were under pressure around that time
Shares of Biocon (up 0.04 per cent) were almost flat around that time
Sustained buying in IT, bank, consumer durables, auto, teck and pharma stocks were keeping the equity benchmarks in the higher terrain.
The
NSE Nifty50 index was up 33 points at 10,875, while the BSE Sensex was up 121 points at 35,814
Among the 50 stocks in the Nifty index, 30 were trading in the green, while 20 were in the red
Reddy's Laboratories, Cipla, Lupin, Tata Consultancy Services and Hindalco Industries were leading among Nifty gainers.
Tata Steel,
Indiabulls Housing Finance, Adani Ports, Zee Entertainment and Bajaj Finance were the top losers in the Nifty index.
