Vaccine hopes on the Pharma sector traded high; Sun Pharma climbs almost 3%

Vaccine hopes on the Pharma sector traded high; Sun Pharma climbs almost 3%

Vaccine hopes on the Pharma sector traded high; Sun Pharma climbs almost 3%

Vaccine hopes: On Wednesday, both Sensex and Nifty continues its bullish trend in the stock market from the last session. The Sensex is trading above 39,300 levels and the Nifty is trading above 11,500 levels in the stock market. The Sensex gained 258.50 points with a 0.66% increase and reached a 39,302.85 level. While Nifty gained 77.95 points with a 0.68% increase and reached 11,599.75 level.

On the other side, the number of coronavirus cases in India reached 50,20,359 as of Wednesday, September 16th, and deaths reached 82,066.

Besides, the Nifty Pharma index reported a bullish trend in the stock market on Vaccine hopes. It gained 238.05 points with a 2.08% increase and reached an 11,688.55 level. The list of companies trading bullishly on Wednesday stock market are as shown below:

Dr. Reddy’s Laboratories Limited: On Wednesday, the company shares trading bullishly in the stock market. However, it gained 197.25 points with a 4.44% increase and reached 4,639.60 INR. While in BSE, the company gained 188.35 points with a 4.24% increase and reached 4,631.55 INR.

Sun Pharma Limited: On Wednesday, the company shares trading bullishly in the stock market. However, it gained 12.25 points with a 2.42% increase and reached 518.65 INR. While in BSE, the company gained 12.65 points with a 2.50% increase and reached 518.70 INR.

Lupin Limited: On Wednesday, the company shares trading bullishly in the stock market. However, it gained 21.15 points with a 2.11% increase and reached 1,022.00 INR. While in BSE, the company gained 27.25 points with a 2.72% increase and reached 1,028.40 INR.

Divi’s Laboratories Limited: On Wednesday, the company shares trading bullishly in the stock market. However, it gained 60.05 points with a 1.89% increase and reached 3,245.00 INR. While in BSE, the company gained 58.75 points with a 1.84% increase and reached 3,245.00 INR.

Aurobindo Pharma Limited: On Wednesday, the company shares trading bullishly in the stock market. However, it gained 11.95 points with a 1.46% increase and reached 830.75 INR. While in BSE, the company gained 13.55 points with a 1.66% increase and reached 831.55 INR.

Cipla Limited: On Wednesday, the company shares trading bullishly in the stock market. However, it gained 10.75 points with a 1.45% increase and reached 753.20 INR. While in BSE, the company gained 10.75 points with a 1.45% increase and reached 753.20 INR.

Glenmark Pharmaceuticals Limited: On Wednesday, the company shares trading bullishly in the stock market. However, it gained 4.80 points with a 0.97% increase and reached 498.40 INR. While in BSE, the company gained 6.40 points with a 1.30% increase and reached 499.85 INR.

Piramal Enterprises Limited: On Wednesday, the company shares trading bullishly in the stock market. However, it gained 10.55 points with a 0.78% increase and reached 1,358.00 INR. While in BSE, the company gained 10.05 points with a 0.75% increase and reached 1,356.80 INR.

The only top loser in the pharma sector on the September 16th stock market is as follows:

Biocon Limited: On Wednesday, the company shares trading bearishly in the stock market. However, it lost 2.90 points with a 0.66% decrease and reached 437.15 INR. While in BSE, the company lost 2.30 points with a 0.52% decrease and reached 437.70 INR.

In the border markets, the S&P BSE SmallCap reported a bullish trend in the stock market on Wednesday. It gained 67.33 points with a 0.44% increase and reached a 15,430.90 level. The S&P BSE MidCap gained 31.06 points with a 0.21% increase and reached 15,045.80 level. While the Nifty Bank gained 107.90 points with a 0.48% increase and reached 22,573.55 level.

Top Gainers on September 16th: M&M, Dr. Reddy’s Laboratories, Hindalco Industries, Bajaj Auto, and Britannia Industries are the top gainers in today’s stock market.

Top Losers on September 16th: IndusInd Bank, NTPC, Bharti Infratel, ONGC, and SBI are the top losers in today’s stock market. 

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