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Mid-Market Watch On Stock, Nifty Pharma Index Falls

Benchmark indices, Sensex & Nifty, were moving between gains and losses on Thursday. In the opening hours the key indices started on a positive note, and subsequently turned flat and again moved lower through mid-morning and currently trade higher in the mid-session.

During Mid-noon at 12.20pm, the Sensex traded higher by 70 points at 37184.90 whereas Nifty stood at 11186.30 up by 29 points.

Shares of Pharma companies were currently trading lower, with the Nifty Pharma Index falling 1.30% at 8,484-levels.

Shares of CadilaHealthcare down 6.12%, Piramal Enterprises down 3.83%, Glenmark Pharma down 2.06%, SunPharma down 1.6% were among major losers in Nifty Pharma index.

On the other hand, Divi’s Lab and Aurobindo Pharma were trading marginally higher on the pharma index.

Meantime, among other indices;  Nifty IT, media, metal, Realty and Auto were trading in the green.

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