Nifty Pharma Index: Gains and Losses Uncovered Today

Nifty Pharma index struggles as most stocks drop. Discover the latest updates on top gainers, losers, and significant trades in the market

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NEW DELHI: On Monday at around 11:20 AM IST, the Nifty Pharma index was feeling a bit weak in a tough market. Biocon Ltd. saw a little boost, going up by 2.68%, while Divi’s Laboratories Ltd. also made gains, rising by 0.94%. On the flip side, Mankind Pharma Ltd. dropped by 5.1%, Gland Pharma Ltd. fell by 5.07%, and Ajanta Pharma Ltd. decreased by 4.37%. Other companies like Zydus Lifesciences Ltd. and Lupin Ltd. also faced losses, down by 2.75% and 1.86%, respectively. At that time, the Nifty Pharma index was at 22,088.10, down by 1.31%.

The broader NSE Nifty50 index fell by 158.1 points to reach 23,273.4, while the BSE Sensex dropped 421.14 points to stand at 76,957.77. Out of 50 stocks in the Nifty index, only 6 were doing well, while 44 were struggling. Among the most traded stocks on the NSE were Vodafone Idea, Suzlon Energy, YES Bank, IREDA, and Zomato.

Some stocks saw huge changes, with Atlas Cycles, Univastu India, IRIS Business Services, ARSS Infra, and Bharatiya Global Infomedia hitting their fresh 52-week highs. Unfortunately, some companies like Khandwala Sec, Adani Wilmar, Indo Farm Equipment, GTPL Hathway, and Bharat Wire Ropes faced fresh 52-week lows in today’s trading.

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