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On Tuesday’s trading session the pharma stocks were down during the last hour, the Biocon was down 1.52 percent, Sun Pharmaceutical industries (down 1.33 percent),Divi’s Laboratories ( down 0.95 percent ), Lupin ( down 0.41 percent ), whereas Aurobindo pharma and Cipla (down 0.38 percent ) were incurring losses, keeping the sectoral index unhappy.
Around 3 pm, the Nifty Pharma index was trading 0.40 percent down at 9,282. On the other side there where some pharma organizations who where gaining good that time, the shares of Candila Healthcare (up 2.12 percent).
Glenmark pharmaceuticals (up 1.73 percent) and Dr. reddy’s Laboratories (up 0.76 percent).
Among the 50 stocks of the Nifty pharma, 12 where in safe zone where as 38 were in the red.