The Nifty Pharma index fell 1% led by Sun Pharma, Glenmark, Aurobindo and Divi’s Lab.
The Nifty Auto stocks extended losses for the second straight session, tracking negative monthly sales data from major companies. Ashok Leyland fell 5%, followed by Tata Motors, Bosch and Maruti.
Meanwhile, banking and financial services share trading higher by 1% each. The Nifty Bank index advanced 1%, Nifty Financial Services index rose 1.3% and the Nifty PSU Bank index was up 1.2%.