NEW DELHI: Pharma stocks were trading mixed during afternoon trade on Friday.The Nifty Pharma index was trading flat at 9,149 around 02:40 pm.
Shares of Divi's Laboratories (up 3.79 per cent), Glenmark Pharmaceuticals (up 1.68 per cent), Cipla (up 1.64 per cent), Aurobindo Pharma (up 0.97 per cent), Lupin (up 0.58 per cent) and Biocon (up 0.08 per cent) were the gainers in the pharma index.On the other hand, Dr.
Reddy's Laboratories (down 2.33 per cent), Piramal Enterprises (down 0.83 per cent), Cadila Healthcare (down 0.66 per cent) and Sun Pharmaceutical Industries (down 0.63 per cent) were the losers in the pharma index.Equity benchmarks were treading higher on across the board buying amid positive global cues.
Fresh buying by investors as the July derivatives contracts started on a strong note amid recovery in the rupee boosted sentiment.Benchmark NSE Nifty50 index was up 103 points at 10,693, while the BSE Sensex was up 316 points at 35,354.Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.
GAIL (India), Hindalco Industries, Titan Company, Bajaj Auto and ONGC were among the top gainers in the Nifty index.However, Dr.
Reddy's Laboratories, IndusInd Bank, HPCL, Hero MotoCorp and Tech Mahindra were among the losers in the Nifty pack of stocks.