Sector Watch: Nifty Pharma index slips up to 3% dragged by Sun Pharma

Nifty Pharma index emerged as the top sectoral loser on NSE in the morning deals on Monday, weighed down by the shares of Sun Pharmaceutical Industries, which slumped as much as 10 per cent. The index slipped up to 3 per cent in the early morning trade. At 10:20 am, the index was trading 1.61 per cent lower at 9,129, with six constituents in the red and four in the green.

Sun Pharma came under heavy pressure amid reports news reports markets regulator, the Securities and Exchange Board of India (Sebi) is likely to reopen an insider trading case against the