Friday, 16 November 2018

Share market update: Pharma shares bullish; Cipla rises around 3%



NEW DELHI: Pharma shares were trading higher with the Nifty Pharma index up 0.75 per cent at 9287.5 on Friday.

Shares of Cipla (up 2.62 per cent), Divi's Laboratories (up 1.36 per cent), Lupin (up 0.97 per cent) and Sun Pharmaceutical Industries (up 0.90 per cent) were the top performers in the index.

Piramal Enterprises (up 0.58 per cent), Aurobindo Pharma (up 0.53 per cent) and Biocon (up 0.33 per cent) too were trading with decent gains.

Benchmark NSE Nifty50 index was up 67 points at 10,683.7 while BSE Sensex was up 219.65 points at 35,480.19 around 01:08 pm.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 18 were in the red.

Shares of YES Bank, Idea Cellular, ICICI Bank, Ashok Leyland, Motherson Sumi, SBI, Bharti Airtel, Bank of Baroda, Axis Bank and RIL were among the most traded shares on the National Stock Exchange.

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