Stock market update: Nifty Pharma index advances 0.54%

NEW DELHI: The Nifty Pharma Index closed on a positive note on Wednesday.

Shares of Gland Pharma (up 2.58%), Sun Pharmaceutical Industries (up 1.38%), Granules India (up 1.11%), Zydus Lifesciences (up 0.91%) and Sanofi India (up 0.69%) ended the day as the top pack winners.

On the other hand, Glaxosmithkline Pharmaceuticals (down 0.82 percent), Alkem Laboratories (down 0.74 percent), Laurus (down 0.64 percent), Aurobindo Pharma (down 0.27 percent) and Torrent Pharmaceuticals (down 0.2 percent) finished as the day's biggest losers.

The Nifty Pharma Index closed up 0.54 percent at 14,092.6.

The benchmark NSE Nifty50 index finished 83.9 points at 19833.15, while the BSE Sensex rose 302.3 points at 67097.44.

Among the 50 stocks in the Nifty index, 33 ended in the green, while 17 closed in the red.

Vodafone Idea shares, maharashtra banktrust Power, TV transmission18 and YES Bank were among the most traded stocks on the NSE. Actions of carbogen dishmanVilin Bio Med Ltd., Vertexplus TechnologyUgro Capital and Jindal Drilling hit its new 52-week highs in today's trading, while Suumaya lifestyleJet Airways, Lexus Granite (India) and Shree Ram Proteins hit its new 52-week lows.

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