Pharma shares trade in red; Divi's Lab dips around 3%

NEW DELHI:The Nifty Pharma index was trading 0.43 per cent down at 9,328.2 around 10:10 am on Wednesday with most of its components trading in red.

Shares of Divi's Laboratories (down 2.46 per cent), Dr. Reddy's Laboratories (down 1.56 per cent), Sun Pharmaceutical Industries (down 1.54 per cent) and Cadila Healthcare (down 0.89 per cent) were the major laggards.

Aurobindo Pharma (down 0.73 per cent), Glenmark Pharmaceuticals (down 0.50 per cent) and Lupin (down 0.47 per cent) too were the top losers in the index.

Benchmark NSE Nifty50 index was up 72.75 points at 10,219.55 while BSE Sensex was up 250.87 points at 34098.1 at that time.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.

Shares of ICICI Bank, SBI, YES Bank, BPCL, Ambuja Cements, HPCL, Indian Oil Corp, L&T Fin Holding and Adani Ports SEZ were among the most traded shares on the National Stock Exchange.