Pharma shares in focus as Nifty Pharma index rises 2%

Sun Pharma, Cadila Healthcare, Dr Reddy's Laboratories, Cipla, Glenmark Pharma and Lupin from the Nifty Pharma index were up in the range of 2% to 3% on the NSE.

Shares of pharmaceutical companies were in focus in otherwise subdued market with Nifty Pharma index surging more than 2%, and extending its gains in the past two days on the National Stock Exchange (NSE).

Sun Pharmaceutical Industries, Cadila Healthcare, Dr Reddy’s Laboratories, Cipla, Glenmark Pharmaceuticals and Lupin from the Nifty Pharma index were up in the range of 2% to 3% on the NSE.

Caplin Point Laboratories, Ipca Laboratories, RPG Life Sciences, Sun Pharma Advanced Research (SPARC) and Strides Shasun were up between 3% and 10% on the BSE.

At 09:49 am; Nifty Pharma index, the largest gainer