Quick Wrap: Nifty Pharma Index registers a drop of 2.70%

Nifty Pharma index closed down 2.70% at 8689.6 today. The index has lost 2.00% over last one month. Among the constituents, Sun Pharmaceuticals Industries Ltd dropped 8.39%, Piramal Enterprises Ltd fell 3.84% and Glenmark Pharmaceuticals Ltd shed 3.19%. The Nifty Pharma index has decreased 10.00% over last one year compared to the 0.83% spike in benchmark Nifty 50 index. In other indices, Nifty Energy index increased 2.45% and Nifty Media index has slid 1.61% on the day. In broad markets, the Nifty 50 increased 0.02% to close at 10906.95 while the SENSEX increased 0.03% to close at 36386.61 today.

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