The Nifty Pharma index snapped three day’s losing streak on Friday as heavy buying witnessed in Lupin, Cadila and Sun Pharma. All the pharma constituents were trading higher except Dr Reddy’s, Biocon and Divis Lab in the afternoon session with the index up nearly 1% at 11,577 levels.
Lupin shares erase three day’s losing streak and up over 6%, followed by Sun Pharma, Cadila and Alkem were up over 1% each. Torrent Pharma, Cipla and Aurobindo are marginally up.
Coal India, Sun Pharma, JSW Steel, Tata Steel and ZEEL are the top gainers, while Eicher Motors, Tata Motors, Axis Bank, Bajaj Finance and BPCL are the top losers on the NSE.
Out of 50 stocks traded on the NSE, 14 advanced, 35 declined and 1 unchanged.