Nifty Pharma index extends gains for second session

Sun Pharma, Divi’s Lab, Dr Reddy’s gained on Wednesday. NSEBSESun PharmaLoading data…

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              ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESglenmark pharmaceuticalsGlaxoSmithKline PharmaceuticalsCiplaEXPAND TO VIEW ALL NEW DELHI: Extending gains for a second consecutive session, Nifty Pharma index stood as the top gainer among the sectoral indices on NSE on Wednesday.

              The index settled 144 points, or 1.61 per cent, up at 9,140.60 on Wednesday, with shares of Sun Pharma (up 5.40 per cent) registering a strong gains.

              Divi’s Lab (up 3.09 per cent), Dr Reddy’s (up 2.69 per cent) and Glenmark Pharmaceuticals (up 2.29 per cent) also saw decent gains.

              GlaxoSmithKline Pharmaceuticals (down 1.71 per cent) and Cipla (down 0.98) were the only two components in the Nifty Pharma index that settled in red on Wednesday.

              Besides pharma, bank and IT indices also settled in green.

              Nifty Realty index stood as the top sectoral loser, with shares of Oberoi Realty (down 3.28 per cent), Godrej Properties (down 1.88 per cent) and DLF (down 1.83 per cent) as the top losers.

              Nifty Realty index ended Wednesday’s session 1.26 per cent down at 289.

              In a volatile session on Wednesday equity benchmark indices ended flat after giving up decent early gains.

              Nifty50 index settled 14 points down at 10,079, while Sensex ended 28 points higher at 32,186.

              In the Nifty50 pack, 19 stocks settled in green, while 32 in red.

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