Shares of pharmaceutical companies extended their upward journey with the Nifty Pharma index hitting its 52-week high on the National Stock Exchange (NSE), on positive corporate announcements from Strides Pharma Science and Lupin.
At 09:44 am; Nifty Pharma index, the largest gainer among sectoral indices, was up 1.4% at 10,086 points, as compared to 0.14% rise in the Nifty 50 index. The index hit a 52-week high of 10,142, rising 2%, in early morning deal. It surpassed its previous high of 10,063 recorded on November 3, 2017 in intra-day trade.
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