Market Now: Pharma stocks up; Biocon, Lupin among top gainers

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Pharma stocks Biocon (up 1.54 per cent), Lupin (up 1.40 per cent) and Dr
Reddy's Laboratories (up 1.23 per cent) were trading with gains of over 1 per cent during afternoon trade on Monday, keeping the sectoral
index up. The Nifty Pharma index was trading 0.69 per cent up at 9,049 around 12:20 pm (IST)
Shares of Cipla (up 1 per cent), Aurobindo Pharma (up 0.98 per cent), Cadila Healthcare (up 0.77 per cent) and Sun Pharmaceutical
Industries (up 0.70 per cent) climbed up to 1 per cent
Piramal Enterprises (down 1.13 per cent) was the only stock in the Nifty Pharma index that was in the red around that time
Equity benchmarks were trading up on buying across sectors amid positive global cues. The NSE Nifty50 index was up 60 points at 10,752,
while the BSE Sensex was up 225 points at 35,195. Among the 50 stocks in Nifty index, 38 were trading in the green, while 12 were in the red
YES Bank, Vedanta, Hindustan Unilever, Tata Consultancy Services and State Bank of India were among the top gainers in the Nifty
index. However, Axis Bank, UPL, Reliance Industries, Bharti Infratel and Indian Oil Corporation were among the top losers in the Nifty
pack.