Nifty Pharma index rallies 1.2%; Biocon, Auro Pharma lead the gains

Torrent Pharma and Lupin were under pressure on the flip side.

Sep 21, 2021 03:09 IST India Infoline News Service

The Nifty Pharma index rallied after a volatile trade on Tuesday. Aurobindo Pharma led the rally while Cipla, Biocon, Alkem Lab, Dr. Reddys, and Cadila were also in the fast lane. Indian benchmark strengthened early gains after a brief period of volatile trade.

At around 3.05 pm, BSE Sensex was trading at 59,003.09 up 512.16 points or 0.88% and Nifty50 at 17,554.95 up 158.05 points or 0.91%.

Nifty Pharma was trading at 14,269.60 up 172.35 points or 1.225, after touching a high of 14,292.60 and low of 14,033.40 during intraday trade.

Biocon led the gains at Rs367.25 per piece up 1.9%. Auro Pharma was 1.85% higher at Rs725.55 per piece.Cipla also gained 1.84% at Rs955.40 per piece. Alkem Lab was 1.68% higher at Rs3,851.20 per piece. Dr Reddy's was 1.57% higher at Rs4,849.80 per piece. 

Divis Lab and Sun Phamra also gained more than 1%. 

Torrent Pharma and Lupin were under pressure on the flip side. 

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