INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most pharma stocks were trading with gains in Monday's session, keeping the sectoral index up
The Nifty Pharma index was trading 0.92 per cent up at 9,783 around 11:05 am
Cadila Healthcare (up 6.72 per cent) was the top gainer in the index.
Shares of Divi's Laboratories (up 3.76 per cent), Glenmark
Pharmaceuticals (up 2.57 per cent) and Biocon (up 2.55 per cent) were also witnessing decent traction.
Piramal Enterprises (up 1.62 per
Reddy's Laboratories (up 0.66 per cent), Sun Pharmaceutical Industries (up 0.17 per cent) and Aurobindo Pharma (up 0.11 per cent) were up
However, Lupin (down 0.87 per cent) and Cipla (down 0.22 per cent) were the two counters in the pharma index that were witnessing selling
Indian equity market was in the positive territory amid mixed global cues.
Investors were eyeing how US-China talks pan out this week,
while keenly observing the movement of Turkish lira and Chinese yuan
Benchmark NSE Nifty50 index was up 70.15 points at 11,540.90, while the BSE Sensex was up 299.62 points at 38247.50.
Among the 50 stocks in
the Nifty index, 34 were trading in the green, while 16 were in the red
Larsen Toubro, ONGC, Tata Motors, Coal India and YES Bank were among the top gainers, while Infosys, GAIL (India), Titan Company, Eicher
Motors and UPL were among the top losers in the Nifty index.
