Quick Wrap: Nifty Pharma Index declines 0.83%

Nifty Pharma index ended down 0.83% at 21970.15 today. The index is down 2.00% over last one month. Among the constituents, Biocon Ltd shed 2.63%, Abbott India Ltd dropped 2.18% and Divis Laboratories Ltd slipped 1.24%. The Nifty Pharma index is up 2.00% over last one year compared to the 2.47% surge in benchmark Nifty 50 index. In other indices, Nifty FMCG index is down 0.72% and Nifty IT index has dropped 0.48% on the day. In broad markets, the Nifty 50 has dropped 0.30% to close at 24649.55 while the SENSEX has dropped 0.38% to close at 80710.25 today.

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