Nifty Pharma Index Ends on a Positive Note
The Nifty Pharma index closed on a positive note on Friday. Shares of Sanofi India Ltd., Gland Pharma Ltd., Glenmark Pharmaceuticals Ltd., Ipca Laboratories Ltd., and GlaxoSmithKline Pharmaceuticals Ltd. ended the day as top gainers in the pack.
Top Losers of the Day
On the other hand, Granules India Ltd., Natco Pharma Ltd., Aurobindo Pharma Ltd., Dr. Reddy’s Laboratories Ltd., and Laurus Labs Ltd. finished as the top losers of the day.
Nifty Pharma Index Performance
The Nifty Pharma index closed 0.11 per cent up at 16257.05.
Market Performance
Benchmark NSE Nifty50 index ended up 134.75 points at 20267.9, while the BSE Sensex stood up 492.75 points at 67481.19.
Stocks Performance
Among the 50 stocks in the Nifty index, 30 ended in the green, while 19 closed in the red.
Most Traded Shares
Shares of Vodafone Idea, Indian Renewable, YES Bank, TV18 Broadcast, and PNB were among the most traded shares on the NSE.
52-Week Highs and Lows
Shares of Bhartiya Intnl, Shalimar Paints, Datamatics Glob, Precot Meridian, and Emami Realty hit their fresh 52-week highs in today’s trade, while Blue Jet Healthcare, Raj Rayon, SEL Manufact, Winsome Yarns, and Fourth Dimension Sol hit their fresh 52-week lows.
Hot Take: Positive Close for Nifty Pharma Index
The Nifty Pharma index closed on a positive note, with several pharmaceutical companies experiencing gains. However, some companies in the sector faced losses. The overall performance of the Nifty Pharma index was slightly up. In addition, the benchmark indices NSE Nifty50 and BSE Sensex also showed positive growth. It is worth noting that among the stocks in the Nifty index, more ended in the green than in the red. Traders were actively trading shares of Vodafone Idea, Indian Renewable, YES Bank, TV18 Broadcast, and PNB. Finally, some stocks reached fresh 52-week highs and lows during today’s trade.
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