Share market update: Nifty Pharma index up; Dr. Reddy's Lab climbs 3%

NEW DELHI: Pharma shares were up in Tuesday's morning session with their sectoral index trading higher.

Shares of Dr. Reddy's Laboratories (up 3.71 per cent), Piramal Enterprises (up 2.94 per cent), Divi's Laboratories (up 2.75 per cent) and Cipla (up 2.38 per cent) were trading with gains.

Sun Pharmaceutical Industries (up 1.86 per cent), Aurobindo Pharma (up 1.66 per cent), Lupin (up 1.65 per cent) and Biocon (up 1.33 per cent) too were trading higher.

The Nifty Pharma index was trading 2.25 per cent up at 8697.75 around 10:14 am.

Benchmark NSE Nifty50 index was up 31.90 points at 11,860.15 while the BSE Sensex was up 126.80 points at 39,479.47.

Among the 50 stocks in the Nifty index, 21 were trading in the green, while 29 were in the red.

Shares of Tata Motors, YES Bank, Vodafone Idea, Bank of Baroda, Adani Enterprises, Adani Power, SBI, DHFL, PNB and Indiabulls Housing Finance were among the most traded shares on the NSE.