Indices: Stock market update: Nifty Pharma index advances 0.46% in an upbeat market
The Nifty Pharma index was trading 0.46 per cent up at 15550.5.
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The Nifty Pharma index was trading 0.46 per cent up at 15550.5.
Sabar Flex India, Banco Products, RateGain Travel Tech, Krishca Strapping So and D.K. Enterprises Glo, hit their fresh 52-week highs at 11:00AM.
The Nifty Realty index was trading 0.42 per cent up at 544.6.
Continuous foreign fund outflows and weak trend in Asian and European markets also played spoilsport for the domestic markets
“Increased concerns over the US economy forced investors to flee in search of safe haven investments, leading to a surge in the dollar index. Nonetheless, the domestic market recovered from the impact of weak global cues, gaining support from positive domestic earnings led by IT and pharma stocks.