Want to take exposure to a sector which grows much faster than GDP
Gland Pharma Ltd.(up 3.44 per cent), Dr. Reddy's Laboratories Ltd.(up 2.36 per cent), Alkem Laboratories Ltd.(up 2.3 per cent), Glenmark Pharmaceuticals Ltd.(up 1.68 per cent) and Sanofi India Ltd.(up 1.63 per cent) were among the top gainers.
GlaxoSmithKline Pharmaceuticals Ltd.(down 0.72 per cent) and Abbott India Ltd.(down 0.06 per cent) were the top losers on the index.
The Nifty Pharma index was up 0.93 per cent at 17683.95 at the time of writing this report.
Benchmark NSE Nifty50 index was up 115.61 points at 21354.4, while the BSE Sensex was up 350.91 points at 70721.46.
Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.
Shares of Indian Railway Fin, Vodafone Idea, YES Bank, IFCI and South Indian Bnk were among the most traded shares on the NSE.
Shares of IFCI, Manaksia Aluminium, Trans & Rectif, MTNL and IFB Industries hit their fresh 52-week highs in today's trade, while Excel Realty N Infr, Shyam Telecom, Infomedia Press, Alps Industries and Shrenik hit fresh 52-week lows in trade.