NEW DELHI: Pharma stocks were trading mixed during afternoon trade on Wednesday.Cipla (down 2.57 per cent), Cadila Healthcare (down 0.98 per cent), Dr.
Reddy's Laboratories (down 0.92 per cent), Piramal Enterprises (down 0.71 per cent) and Biocon (down 0.09 per cent) were incurring losses in trade.
The Nifty Pharma index was trading 0.26 per cent down at 8,380 around 02:05 pm.However, shares of Glenmark Pharmaceuticals (up 2.05 per cent), Lupin (up 1.39 per cent), Divi's Laboratories (up 1.36 per cent), Aurobindo Pharma (up 0.51 per cent) and Sun Pharmaceutical Industries (up 0.18 per cent) were trading up.
Markets rebounded from day's lows on buying in FMCG, IT and auto stocks.
However, bank, financial and metal counters were still under pressure.Benchmark NSE Nifty50 index was down 42 points at 10,760, while the BSE Sensex was 88 points down at 35,456.Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red.Hindustan Unilever, Wipro and YES Bank were leading the pack of Nifty gainers.On the other hand, Hindalco Industries, UltraTech Cement and Cipla were among the top losers in the Nifty index.