Pharmaceutical stocks pick up pace
DSIJ Intelligence / 24 Aug 2017

With Cadila Healthcare leading the pack, Nifty Pharma opened on a positive note along with the benchmark indices during Thursday’s trading session.
With Cadila Healthcare leading the pack, Nifty Pharma opened on a positive note along with the benchmark indices during Thursday’s trading session. Nifty Pharma was trading higher by 1.43% at the 8,738 level on the NSE at 1005 hours.
Cadila Healthcare was the top gainer in the index, trading up by 4.94% at Rs 485 per share. Divi’s Laboratories was trading higher by 2.81% at Rs 656 per share. Sun Pharma also shot up by 2.02% at Rs 478 per share.
Among others, Lupin was trading up by 1.56% at Rs 970 per share, Aurobindo Pharma was trading higher by 1.25% at Rs 707 per share, and Cipla was trading up by 1.06% at Rs 565 per share. Piramal Enterprises was trading up by 0.80% at Rs 2,642 per share and Glenmark Pharmaceuticals was up by 0.85% at Rs 604 per share.
On the other hand, Dr. Reddy’s was the top loser in the index, trading down by 0.38% at Rs 2,023 per share. GlaxoSmithKline Pharmaceuticals was trading lower by 0.35% at Rs 2,382 per share. Meanwhile, the benchmark index Nifty was trading up by 9 points at the 9,862 level and Sensex was trading higher by 18 points at 31,586.
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