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Top gainers on the Nifty included Dr Reddy's Laboratories, Hindalco Industries, JSW Steel, Tata Motors and M&M, while losers included Divis Labs, Apollo Hospitals, Maruti Suzuki, ICICI Bank and Bajaj Finance
Analysts said the recent surge in pharma shares is part of a catch-up rally as many of them have not participated in the broader market upmove in recent years.
Promoters held 51.93 per cent stake in the company as of 30-Jun-2023, while FIIs owned 14.69 per cent, DIIs 21.03 per cent.
IndiGo slipped over 2.5 per cent after the domestic airline reported its highest ever quarterly profit in the April-June period at Rs Rs 3,090.6 crore.
Maruti Suzuki slipped over 1 per cent after India's largest automobile company's net profit for the June quarter more than doubled to Rs 2,485 crore.