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Authors: JordanNEW DELHI: Losses in the shares of Sun Pharmaceutical Industries (down 2.09 per cent), Aurobindo Pharma (down 1.40 per cent) and Cipla (down 1.40 per cent) were keeping the Nifty Pharma index down during Friday's trade.
The Nifty Pharma index was trading 1.14 per cent down at 8,864 around 11:55 am (IST).
Shares of Cadila Healthcare (down 1.33 per cent), Divi's Laboratories (down 1.16 per cent), Piramal Enterprises (down 0.63 per cent), Lupin (down 0.62 per cent), Biocon (down 0.58 per cent) and Glenmark Pharmaceuticals (down 0.23 per cent) were also in the red.
Equity barometer suffered more losses on selling in IT, pharma, metal, bank, auto and FMCG stocks.
Global cues were also weak as investors eyed the outcome of US-China trade talks, ahead of the US jobs report.
Benchmark NSE Nifty50 index was down 61 points at 10,618, while the BSE Sensex was 202 points down at 34,901.
Among the 50 stocks in the Nifty index, 13 were trading in the green, while 37 were in the red.
Shares of Bharti Airtel, Vedanta, LT Finance Holding, Power Grid, Idea Cellular and YES Bank were among the most traded stocks on NSE.
Over 85 stocks including HCC, HPCL, Idea Cellular and IDFC Bank hit their 52-week lows level on NSE during Friday's trade.
