Share market update: Nifty Pharma index down; Sun Pharma dips 2%

NEW DELHI: Pharma shares were trading with losses in Friday's morning session with their sectoral index trading down.

Shares of Sun Pharmaceutical Industries (down 1.96 per cent) , Cipla (down 1.34 per cent) , Piramal Enterprises (down 0.91 per cent) and Aurobindo Pharma (down 0.88 per cent) were trading with losses.

Divi's Laboratories (down 0.80 per cent) , Dr. Reddy's Laboratories (down 0.51 per cent) and Glenmark Pharmaceuticals (down 0.12 per cent) too were trading lower.

The Nifty Pharma index was trading 0.98 per cent down at 7888.2 around 10:01 am.

Benchmark NSE Nifty50 index was down 29.75 points at 11,982.30 while the BSE Sensex was down 89.80 points at 40,563.94.

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

Shares of YES Bank, Vodafone Idea, ICICI Bank, DLF, JSPL, Bank of Baroda, Tata Motors, BHEL and SAIL were among the most traded securities on the National Stock Exchange.