New Delhi: The Nifty Pharma index was struggling in a tough market around 10:14 AM (IST) on Friday. Gland Pharma Ltd. rose by 0.72%, and Natco Pharma Ltd. went up by 0.39%, making them the top gainers. On the other hand, many companies faced losses: Ipca Laboratories Ltd. dropped by 3.2%, Divi’s Laboratories Ltd. fell by 3.13%, and Ajanta Pharma Ltd. decreased by 2.81%. Biocon Ltd. and Laurus Labs Ltd. also lost 2.34% and 1.94%, respectively.
At this time, the Nifty Pharma index was down by 1.36%, sitting at 20,503.85. The NSE Nifty50 index dropped by 152.46 points to reach 22,760.7, while the BSE Sensex fell by 435.13 points to 75,300.83. Out of the 50 stocks in the Nifty index, only 8 were gaining, but 42 were losing.
Among the most traded stocks on the NSE were Vodafone Idea, YES Bank, IREDA, Suzlon Energy, and NHPC. Deccan Cements, Redington, Blue Coast Hotel, Norben Tea Exp, and Camlin Fine Sc reached new highs in their stocks today. Meanwhile, Suratwwala Business, AGS Transact Tech, Hindcon Chemicals, OneSource Specialty, and Godavari Biorefineri saw their stock prices hit new lows.
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