The pharma sector showed a mixed trend during intraday trading as of 11:25 AM, with select stocks gaining while others faced selling pressure.
Key Performances:
Gaining Stocks:
- IPCA Laboratories: Up 0.83%, trading at ₹1,565.05.
- Divi’s Laboratories: Gained 0.82% to ₹5,976.65.
- Mankind Pharma: Rose 0.40%, trading at ₹2,634.80.
- Glenmark Pharmaceuticals: Marginally higher by 0.24% at ₹1,530.05.
Declining Stocks:
- Torrent Pharma: Down 0.35%, trading at ₹3,363.00.
- Sun Pharma: Dropped 0.39% to ₹1,807.00.
- Dr. Reddy’s: Declined 0.64% to ₹1,230.65.
- Cipla: Lower by 0.63%, trading at ₹1,444.95.
- Aurobindo Pharma: Fell 0.82%, trading at ₹1,215.80.
- Zydus Life: Down 0.89% to ₹977.65.
- Alkem Laboratories: Declined 0.85%, trading at ₹5,443.55.
- GlaxoSmithKline: Dropped 1.44% to ₹2,313.05.
- Biocon: Declined 1.86%, trading at ₹361.00.
Broader Market Overview:
- Sensex: Down 89.88 points (-0.11%) to 81,436.26.
- Nifty: Lower by 45.55 points (-0.18%) to 24,596.25.
The pharma sector’s mixed performance reflects investor cautiousness, with Divi’s Lab and IPCA among the top gainers, while Biocon and Glaxo faced selling pressure.
Disclaimer: This article is for informational purposes only and should not be considered financial advice.
