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Market Now: Divi's Labs, Aurobindo Pharma, Sun Pharma boost sectoral index

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Market Now: Divi's Labs, Aurobindo Pharma, Sun Pharma boost sectoral indexNEW DELHI: Pharma stocks Divi’s Laboratories (up 3.30 per cent), Aurobindo Pharma (up 1.11 per cent), Sun Pharmaceutical Industries (up 1.05 per cent) and Piramal Enterprises (up 1.04 per cent) were trading with gains during Tuesday’s trade.

The Nifty Pharma index was trading 0.77 per cent up at 8,455 around 11:35 am (IST).

Shares of Lupin (up 0.78 per cent), Cipla (up 0.61 per cent) and Glenmark Pharmaceuticals (up 0.24 per cent) were also in the green.

Meanwhile, stocks such as Cadila Healthcare (down 0.67 per cent), GlaxoSmithKline Pharmaceuticals (down 0.60 per cent) and Dr. Reddy’s Laboratories (down 0.36 per cent) were in the red around that time.

Equity benchmarks Nifty50 and Sensex were up, tracking firm global cues on reports of trade negotiations between the US and China, easing fears of a trade war.

However, selling in auto and select telecom stocks cooled off bourses a bit.

The NSE Nifty50 index was up 18 points at 10,149, while the BSE Sensex was up 27 points at 33,093.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.

HPCL, Bajaj Finance, Indian Oil Corporation, Indiabulls Housing Finance and UPL were among the top gainers in the Nifty pack of stocks.

On the other hand, Bharti Infratel, Bharti Airtel, GAIL, Hero MotoCorp and Bajaj Auto were among the top losers.



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