Stock market update: Pharma stocks fall; Sun Pharma among the top drags

NEW DELHI: Pharma stocks Biocon (down 1.52 per cent), Sun Pharmaceutical Industries (down 1.33 per cent), Divi's Laboratories (down 0.95 per cent), Lupin (down 0.41 per cent), Aurobindo Pharma (down 0.38 per cent) and Cipla (down 0.38 per cent) were incurring losses during the last hour of Tuesday's trading session, keeping the sectoral index down.

The Nifty Pharma index was trading 0.40 per cent down at 9,282 around 3 pm.

However, shares of Cadila Healthcare (up 2.12 per cent), Glenmark Pharmaceuticals (up 1.73 per cent) and Dr. Reddy's Laboratories (up 0.76 per cent) were trading with gains around that time.

Benchmark NSE Nifty50 index was down 73 points at 10,727, while the BSE Sensex was 180 points down at 35,368.

Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.

Bajaj Finance, GAIL (India), ITC, HDFC and HDFC Bank were among the top gainers in the Nifty index.

On the contrary, Vedanta, Indian Oil Corporation, HPCL and BPCL were leading among the Nifty losers.