Stock market update: Nifty Pharma index rises amid weak market
On Monday morning, pharma stocks quietly outperformed as the Nifty Pharma index inched up 0.35% to 22,303.75—even as the main Nifty50 and Sensex both slipped in cautious trading.
Pharma's steady gains show investors are looking for safer bets
While most sectors struggled, pharma's steady gains show investors are looking for safer bets when markets get choppy.
For anyone curious about where money is flowing right now, pharma's resilience stands out.
Mankind, Natco, Laurus Labs among top gainers
Laurus Labs jumped 2.69%, with Mankind Pharma and Natco Pharma close behind.
Aurobindo and Granules India also saw solid gains, even as some big names like Divi's Labs lost ground—highlighting how selective buying is shaping this rally.
Sensex nearly half of last week's record closing level
Out of all Nifty 50 stocks, winners and losers were nearly split (26 up, 24 down), showing mixed vibes across the board.
Meanwhile, high trading volumes in names like JP Power and Vodafone Idea point to an uneven but active market mood overall.