Stock market update: Pharma shares slide; Piramal Enterprises tumbles over 2%

Nifty Pharma shares were trading in the red in Thursday’s morning trade.

Shares of Piramal Enterprises (down 2.23 per cent), Aurobindo Pharma (down 2.00 per cent), Divi’s Laboratories (down 1.98 per cent), Cadila Healthcare (down 1.64 per cent) and Lupin (down 1.38 per cent) were among the top losers in the index.

Sun Pharmaceutical Industries (down 0.89 per cent), Biocon (down 0.75 per cent) and Dr. Reddy’s Laboratories (down 0.63 per cent) were also trading with losses.

Sun Pharmaceutical Industries (down 0.89 per cent), Biocon (down 0.75 per cent) and Dr. Reddy’s Laboratories (down 0.63 per cent) were also trading with losses.

The Nifty Pharma index was trading 1.18 per cent down at 7,830.1.

Benchmark NSE Nifty50 index was down 86.00 points at 10,754.65, while BSE Sensex was 280.37 points at 36,283.51.

Among the 50 stocks in the Nifty index, 6 were trading in the green, while 44 were in the red.

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