
Stock market update: Nifty Pharma index falls 0.94% in a weak market
Synopsis The Nifty Pharma index was trading 0.94 per cent down at 21831.4. NEW DELHI: The Nifty Pharma index traded negative around 10:20AM(IST)on Tuesday in a weak market.
ADVERTISEMENT Gland Pharma Ltd.(up 0.92 per cent), Biocon Ltd.(up 0.91 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 0.25 per cent) and Torrent Pharmaceuticals Ltd.(up 0.01 per cent) were among the top gainers.
Sun Pharmaceutical Industries Ltd.(down 1.95 per cent), Lupin Ltd.(down 1.78 per cent), Natco Pharma Ltd.(down 1.4 per cent), Aurobindo Pharma Ltd.(down 0.91 per cent) and Zydus Lifesciences Ltd.(down 0.9 per cent) were the top losers on the index.
The Nifty Pharma index was down 0.94 per cent at 21831.4 at the time of writing this report. Benchmark NSE Nifty50 index was down 65.85 points at 24880.65, while the BSE Sensex was down 210.76 points at 81585.39. Among the 50 stocks in the Nifty index, 14 were trading in the green, while 36 were in the red.
ADVERTISEMENT Shares of Vishal Mega Mart, Vodafone Idea, RattanIndia Power, JP Power and YES Bank were among the most traded shares on the NSE.
Shares of Federal Mogul, Subros, Steel Strips, Niraj Ispat Ind. and AXISCADES Engg Tech hit their fresh 52-week highs in today's trade, while Navkar Builders, Sadhana Nitro, Bluspring Enterprises Ltd., Shyam Century Ferrous and Kesoram Inds. hit fresh 52-week lows in trade.
(You can now subscribe to our ETMarkets WhatsApp channel)
Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share
Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained
Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms
Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips
L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first?
Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more
SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders
API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading
Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains
Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains
NEXT STORY
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India Today
14 minutes ago
- India Today
May consider dividends to citizens: Trump on tariff revenue disbursal plans
The day the 25 per cent US tariffs on Indian imports came into effect, President Donald Trump said he might consider extending the "dividends" earned through the levies imposed on America's trade partners to its citizens, news agency Reuters reported on the Trump tariff tirade, while most European Union member countries and the UK were hit with 15 per cent levies, Japan with 10 per cent, and South Korea with just 5 per cent, India saw a 25 per cent blanket rate imposed on its products imported by the US. The US cited exponentially high tariffs by India on American products behind its Trump imposed a 35 per cent duty on many goods from Canada, 50 per cent on Brazil, 39 per cent on Switzerland and 20 per cent on Taiwan. Notably, Trump has signed a new executive order that imposes fresh import tariffs on goods from 69 countries and the European Union, which will come into effect on August per the order, Syria tops the list of highest tariffs at 41 per cent, followed by Laos and Myanmar at 40 per cent, and Iraq and Serbia at 35 per cent. Other countries such as Libya and Algeria will now face a 30 per cent China, against whom Trump once ordered tariffs as high as a whopping 145 per cent, is still negotiating with the US, with American officials saying that they are looking at an imminent trade deal. "But it is not 100 per cent done," US Treasury Secretary Scott Bessent told CNBC move is part of Trump's push for what he describes as more "fair and reciprocal" trade relationships. The White House said that some countries had failed to meet US expectations during trade talks, leading to these new Trump's tariff move and the deadline, global stock markets witnessed a slump as investors panicked, fearing a global supply chain disruption and the outcome of their talks with who had grown accustomed to Trump's frequent trade threats may now be facing a reality check, as broad tariffs on numerous countries have taken effect just as the deadline to negotiate trade agreements with the US passed without resolution.- EndsTune InMust Watch

Time of India
14 minutes ago
- Time of India
Trump 'Free Terror Pact' With Pak: Priyanka Chaturvedi Rips ‘Dead India' Insult; Snubs Rahul Gandhi
'Steady, Time-Tested': India Defends Russia Ties, Oil Purchase Amid Trump's Tariff Threat, Sanctions As Donald Trump threatens a 25% tariff and sanctions for buying Russian oil, India stands its ground. MEA spokesperson Randhir Jaiswal reaffirmed India's time-tested partnership with Russia, stating that India's ties with any country 'stand on their own merit' and should not be judged through the prism of a third country. Jaiswal also remained silent on US President Donald Trump's fresh warnings against buying from Moscow and his bizarre prediction that India might 'buy oil from Pakistan'. Has the US succeeded in arm-twisting India? Or is New Delhi simply being cautious in turbulent times?#indiausrelations #donaldtrump #russianoil #randhirjaiswal #operationsindoor #trumptariffthreat #indiarussia #trumponindia #trumpoilremark #usindiaoilwar #usindiarelation #foreignpolicy #modigovernment #breakingnews #trending #indianews #toibharat #toi #geopolitics #energypolitics #trumpmodi #globalpartnership #indianoilimports #putinindia #usindia #breakingnews #trending #bharat #toi #toibharat #indianews 22.5K views | 13 hours ago


New Indian Express
14 minutes ago
- New Indian Express
Illegal connections: BWSSB sends notices to 338 homes
BENGALURU: The Bangalore Water Supply and Sewerage Board (BWSSB), which had claimed it is struggling financially and making efforts to shape up, has begun sending notices to 383 homes and apartment complexes over unauthorised water connections, and urged them to get the connections regularised by paying fees along with penalties. Board Chairman Ram Prasath Manohar said untreated water from apartments is a big challenge to the board, so they have imposed penalties ranging from a few lakhs to Rs 1crore, depending on the size of the complex. 'By regularizing these connections and imposing penalties, BWSSB is hoping to generate Rs 200 crore in revenue,' he said, adding that since the past 15 days, BWSSB is disconnecting services, and in the next 15 days, the process of regularization will be taken up. The chairman also stated that the BWSSB team used Bangalore Electricity Supply Company (Bescom) connection data and probed unauthorized BWSSB connections. So far, it has recorded 43,000 such connections across Bengaluru, and officials are following up cases to ensure owners get their connections regularized. A senior official from the BWSSB waste water management said the crackdown on large apartment complexes is to ensure that untreated water comes into the BWSSB's record so plans can be made to ensure contaminated water is treated before it reaches storm water drains and lakes.