INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most pharma stocks were trading in the negative territory in afternoon trade on Wednesday
However, gains in shares of Divi's Laboratories (up 2.20 per cent), Sun Pharmaceutical Industries (up 2.12 per cent) and Lupin (up 0.70 per
cent) were keeping the sectoral index in the green
The Nifty Pharma index was trading 0.14 per cent up at 10,294 around 01:10 pm
Aurobindo Pharma (down 2.20 per cent), Biocon (down 1.88 per cent) and Piramal Enterprises (down 1.62 per cent) were the top losers in the
realty index.
Glenmark Pharmaceuticals (down 0.90 per cent), Dr
Reddy's Laboratories (down 0.72 per cent), Cipla (down 0.44 per cent) and Cadila Healthcare (down 0.34 per cent) too were in the red.
Weak
Asian cues, wobbly crude oil price and rupee's fresh fall weighed on domestic market sentiment.
Investors await index of industrial
production (IIP) for July and inflation data for August, scheduled later today, for further direction
Benchmark NSE Nifty50 index was flat at 11,289, while the BSE Sensex was up 41 points at 37,454
Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red
ITC, PowerGrid, Adani Ports, Sun Pharma and Hindalco Industries were among the top gainers in the Nifty index.
BPCL, HPCL, Indian Oil
Corporation, Mahindra Mahindra and Bajaj Finance were among the top Nifty losers.
