Pharma stocks outperform; Dr Reddys Laboratories emerges as top BSE Sensex gainer

On the sectoral front, indices traded with modest gains with the pharma sector outperforming

In the first hour of the trading session, Sensex and Nifty were able to recover some of the opening losses and traded flat. At the time of market opening, 27 out of 30 stocks on Sensex were trading in the red. The Top Gainers on Sensex are Dr Reddy’s Laboratories, Reliance Industries, and Maruti Suzuki whereas the Top Losers include Asian Paints, Tata Steel, Power Grid Corporation, L&T, and UltraTech Cement.  

In the broader markets, BSE Midcap and Small-cap indices were seen trading higher by 0.02 per cent & 0.1 per cent, respectively. The top Mid-Cap stocks were Oil India, Biocon, and Endurance Technologies whereas the top gaining small-cap stocks were Mirza International, BLS International & Manorama Industries.

On the sectoral front, indices traded with modest gains with the pharma sector outperforming. Some of the pharmaceutical stocks at the forefront in BSE Healthcare index included Sequent Scientific, Biocon, Bliss GVS Pharma, Thyrocare Technologies, and Dr Reddy’s Laboratories. Nifty Pharma index was trading 0.55 per cent up with the following stocks trading on the top: