New Delhi, Jan. 28 -- Falling for the third consecutive session, the Nifty Pharma index plunged almost 3 per cent in intraday trade on Tuesday, January 28, with shares of Granules India, Biocon, Sun Pharma and Lupin among the top losers. The Nifty Pharma index opened at 21,266.80 against its previous close of 21,292.30 and fell 2.90 per cent to the level of 20,673.80. Around 11:15 AM, the index was 2.44 per cent down at 20,772.85, while the benchmark Nifty 50 was 0.54 per cent up.
Considering today's low, the Nifty pharma index has fallen over 7 per cent in the last three days. On a monthly scale, the index has declined nearly 12 per cent against a 3 per cent fall in the Nifty 50.More to come.
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