Stock market update: Nifty Pharma top sectoral loser; Dr. Reddy’s Labs cracks 8%

Stock market update: Nifty Pharma top sectoral loser; Dr. Reddy's Labs cracks 8%
Stock market update: Nifty Pharma top sectoral loser; Dr. Reddy’s Labs cracks 8%
Stock market update: Nifty Pharma top sectoral loser; Dr. Reddy’s Labs cracks 8%

Benchmark NSE Nifty50 index was down 33 points at 10,986, while the BSE Sensex was 49 points down at 36,493. NEW DELHI: Nifty Pharma index was trading as the top loser among the sectoral indices on NSE in Monday’s trade. The Nifty Pharma was trading 2.42 per cent down at 8,943 around 11:05 am with Dr. Reddy’s Laboratories (down 8.32 per cent) as the top loser. Shares of the company plunged after New Jersey District Court granted a preliminary injunction against it on the sale of a generic versio…

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Stock market update: Nifty Pharma top sectoral loser; Dr. Reddy’s Labs cracks 8%