INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Pharma stocks were trading mixed during afternoon trade on Friday.
However, gains in Sun Pharmaceutical Industries (up 1.14 per
cent), Piramal Enterprises (up 0.56 per cent) and Cipla (up 0.22 per cent) were keeping the sectoral index slightly up.
The Nifty Pharma
index was trading 0.17 per cent up at 9,214 around 12:30 pm
On the other side, shares of Divi's Laboratories (down 1.92 per cent), Aurobindo Pharma (down 0.74 per cent), Cadila Healthcare (down 0.44
Reddy's Laboratories (down 0.25 per cent) and Lupin (down 0.21 per cent) were suffering losses.
Meanwhile, shares of Biocon (up 0.06 per
cent) and Glenmark Pharmaceuticals (up 0.05 per cent) were nearly flat around that time
Domestic stock markets were wobbly in the backdrop of weak global cues
Benchmark NSE Nifty50 index was up 7 points at 10,748, while the BSE Sensex was up 25 points at 35,458.
Among the 50 stocks in the Nifty
index, 25 were trading in the green, while 25 were in the red
Bharti Infratel, Mahindra Mahindra, ITC and BPCL were leading among the Nifty gainers.
However, Reliance Industries, Grasim Industries and
UPL were among the top losers in the Nifty pack of stocks.