NEW DELHI: On Friday, the Nifty Pharma index rose slightly as many pharmaceutical companies saw their stock prices increase. Abbott India Ltd. led the way with a 2.32% rise, followed by Mankind Pharma Ltd. (up 2.17%), Aurobindo Pharma Ltd. (up 1.91%), Laurus Labs Ltd. (up 1.8%), and Alkem Laboratories Ltd. (up 1.43%).
However, not all companies did well. J B Chemicals & Pharmaceuticals Ltd. dropped by 2.09%, Natco Pharma Ltd. fell 0.49%, Ipca Laboratories Ltd. went down 0.46%, Divi’s Laboratories Ltd. decreased by 0.16%, and Torrent Pharmaceuticals Ltd. was down 0.12%.
Overall, the Nifty Pharma index ended the day up by 0.69% at 22,061.70 points. The larger NSE Nifty50 index dropped by 108.6 points to close at 23,203.2, while the BSE Sensex fell by 423.49 points to finish at 76,619.33.
In the Nifty index, 29 out of 50 stocks rose, while 21 fell. Some of the most traded shares on the NSE today included Vodafone Idea, YES Bank, NBCC, Suzlon Energy, and Zomato.
Meanwhile, stocks from Bajaj Healthcare, Quadrant Future Tek, Ashapura Minechem, Aeroflex Industries, and Gujarat Apollo reached their highest values in the last 52 weeks. On the flip side, Noida Toll Bridge Co., Jai Corp, Axis Bank, Godavari Biorefinery, and Karda Const hit their lowest values in the same time period.
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