INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Gains in shares of Aurobindo Pharma (up 5.99 per cent), Lupin (up 3.16 per cent), Dr
Reddy's Laboratories (up 1.99 per cent) and Cadila Healthcare (up 0.72 per cent) were keeping the Nifty Pharma index in the green in
Friday's session.
However, losses in shares of Sun Pharmaceutical Industries (down 2.72 per cent), Divi's Laboratories (down 0.53 per cent)
and Cipla (down 0.25 per cent) capped the gains for the index.
The Nifty Pharma index was trading 0.31 per cent up at 10,616 around 01:45 pm
Shares of Sun Pharmaceutical Industries declined after a media report stated that the USFDA issued six observations to the company’s
Halol plant for inspection in August
Shares of Piramal Enterprises (up 0.38 per cent), Biocon (up 0.22 per cent) and Glenmark Pharmaceuticals (up 0.21 per cent) were in the
green.
Equity benchmarks Sensex and Nifty were showing rangebound movement amid lower Asian cues even as the rupee recovered from its
earlier lows.
Benchmark NSE Nifty50 index was up 33 points at 11,570, while the BSE Sensex was up 73 points at 38,316.
Among the 50 stocks
in the Nifty index, 30 were trading in the green, while 20 were in the red
Hindalco Industries, Hero MotoCorp, Bajaj Auto, Lupin and Mahindra Mahindra were leading among Nifty scrips.
YES Bank, Sun Pharma, State
Bank of India, PowerGrid and Adani Ports were among the top losers in the Nifty index.
