Nifty Pharma stocks steady amid bullish markets; Dr Reddy's, Auro Pharma outperform

Lupin dragged 0.4% at Rs980.15 per piece while Torrent Pharma was also 0.13% lower.

Sep 14, 2021 01:09 IST India Infoline News Service

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The Nifty Pharma stocks were steady amid bullish markets on Tuesday. Dr. Reddy’s, Auro Pharma, and Divis Lab led the subdued gains while heavyweights Cipla and Sun Pharma were also trading higher. Lupin dragged the most.

Sensex and Nifty rose over 200 points during early trade on Tuesday. At around 1.00 pm, BSE Sensex was trading at 58,317.30 up 139.54 points or 0.24% and Nifty50 at 17,393.90 up 38.60 points or 0.22%.

Nifty Pharma Index was trading at 14,408.50 up 31.45 points or 0.22t%, touching a high of 4,505.15 and low of 14,405.95 during intraday trade on Tuesday.

Dr Reddy's and Auro Pharma led the gains by advancing over 0.5% at Rs4,958.60 per piece and Rs740.00 per piece respectively. Divis Lab gained 0.3%. Cipla and Sun Pharma were also 0.25% and 0.17% higher. 

Biocon, Alkem Lab and Cadila were trading flat. Lupin dragged 0.4% at Rs980.15 per piece while Torrent Pharma was also 0.13% lower. 

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