Stock market update: Nifty Pharma in the green; Divi's Labs, Sun Pharma play ball

NEW DELHI: Most pharma stocks were trading with gains during Wednesday's session, keeping the sectoral index up.

However, losses in shares of Lupin (down 1.52 per cent), Glenmark Pharmaceuticals (down 0.90 per cent) and Aurobindo Pharma (down 0.62 per cent) capped the gains for the index.

The Nifty Pharma was trading 0.27 per cent up at 10,494 around 12:45 pm.

Shares of Divi's Laboratories (up 0.85 per cent), Cadila Healthcare (up 0.76 per cent) and Sun Pharmaceutical Industries (up 0.65 per cent) were the top gainers in the index.

Cipla (up 0.64 per cent), Biocon (up 0.55 per cent), Dr. Reddy's Laboratories (up 0.49 per cent) and Piramal Enterprises (up 0.45 per cent) too were up at that time.

Equity benchmarks Sensex and Nifty pared gains on losses in select bluechip counters, including HDFC twins, Maruti, IndusInd Bank and Reliance Industries.

The NSE Nifty50 index was up 22 points at 11,301, while the BSE Sensex was up 72 points at 37,363.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.

BPCL, Coal India, GAIL (India), Tata Steel and Hindalco Industries were among the top Nifty gainers.

Zee Entertainment Enterprises, Bajaj Finance, Bajaj Finserv, Lupin and Titan Company were among the top losers in the Nifty pack of stocks.