Healthcare stocks tank

Image
Capital Market
Last Updated : Aug 12 2020 | 3:04 PM IST

Healthcare stocks were trading in red, with the S&P BSE Healthcare index decreasing 316.11 points or 1.63% at 19063.68 at 13:53 IST.

Among the components of the S&P BSE Healthcare index, Suven Life Sciences Ltd (down 5.13%), Natco Pharma Ltd (down 4.74%),Aarti Drugs Ltd (down 4.56%),Solara Active Pharma Sciences Ltd (down 4.44%),Caplin Point Laboratories Ltd (down 4.42%), were the top losers. Among the other losers were IOL Chemicals & Pharmaceuticals Ltd (down 3.85%), Strides Pharma Science Ltd (down 3.8%), Biocon Ltd (down 3.49%), Lincoln Pharmaceuticals Ltd (down 3.44%), and Laurus Labs Ltd (down 3.37%).

On the other hand, Metropolis Healthcare Ltd (up 5.28%), Vivimed Labs Ltd (up 4.98%), and Hester Biosciences Ltd (up 3.81%) turned up.

At 13:53 IST, the S&P BSE Sensex was down 93.69 or 0.24% at 38313.32.

The Nifty 50 index was down 33.8 points or 0.3% at 11288.7.

The S&P BSE Small-Cap index was down 10.59 points or 0.08% at 13826.67.

The S&P BSE 150 Midcap Index index was down 4.44 points or 0.09% at 4696.37.

On BSE,1347 shares were trading in green, 1266 were trading in red and 142 were unchanged.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 12 2020 | 2:00 PM IST

Next Story