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Stock market update: Pharma stocks zoom; Sun Pharma gains over 1%

NEW DELHI: All shares of the Nifty Pharma index were in green in Friday’s afternoon trade.

Shares of Sun Pharmaceutical (up 1.4 per cent), Divis Laboratories (up 1.4 per cent), Lupin (up 1.33 per cent), Dr Reddys Laboratories (up 1.17 per cent) and Cipla (up 1.01 per cent) were among the top gainers.

Cadila Healthcare (up 0.91 per cent), Aurobindo Pharma (up 0.88 per cent) and Glenmark Pharmaceuticals (up 0.59 per cent) too were trading with gains.

The Nifty Pharma index was trading 1.1 per cent up at 8,121.2 around 11:40 am.

Benchmark NSE Nifty50 index was up 84.60 points at 12,300.5, while the BSE Sensex was up 286.16 points at 41,738.51.

Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.

Shares of YES Bank, Vodafone Idea, Bharti Airtel, SAIL, SBI, Tata Motors, GMR Infra, Bank of Baroda, Indiabulls Housing and Vedanta were among the most traded shares on the NSE.

Source: Economic Times