Nifty Pharma index trades positive, top gainers and losers
The Nifty Pharma index showed positive trading in an upbeat market. Here are the top gainers and losers:
- Top gainers: Ipca Laboratories, Gland Pharma, Natco Pharma, Torrent Pharmaceuticals, Biocon
- Top losers: Pfizer, Divis Laboratories, Alkem Laboratories, Glaxosmithkline Pharmaceuticals, Dr Reddys Laboratories
At the time of writing this report, the Nifty Pharma index was up 0.28% at 15324.7. The NSE Nifty50 index was up 39.85 points at 19483.85, while the BSE Sensex was up 142.19 points at 65575.49.
Among the 50 stocks in the Nifty index, 35 were trading in the green, while 14 were in the red. Some of the most traded shares on the NSE were Suzlon Energy, GMR Infra, Indian Railway Fin, Manappuram Finance, and South Indian Bnk.
During today’s trade, Kopran Ltd, Bajaj Hindusthan Su, VELS Film Internatio, Titagarh Wagons, and GMR Infra hit their fresh 52-week highs, while Jio Financial Servic, Penta Gold, Sadhana Nitro, TVS Supply Chain Sol, and Shrenik hit fresh 52-week lows.
Hot Take
Despite some top losers in the pharma industry, the Nifty Pharma index managed to trade positively, indicating overall market optimism. The presence of various gainers and the majority of stocks trading in the green demonstrate the potential for growth in the sector.
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