Pharma scrips gain on selective buying by FIIs – Express Pharma Pulse

Pharma scrips gain on selective buying by FIIs

The Bombay Stock Exchange on the first trading day of the week (Monday 29) witnessed a negative trend and closed at 3301.21. On Friday 3, the market witnessed desperate buying of select pharma stocks by financial institutions. On Friday, the sensex closed at 3380.61, registering a gain of 8 points against Thursday’s close of 3,372.56 and 79 points gain against Monday’s close.

The major gainers were: Abbott Labs 196.15 (195.05), Ajanta 51.80 (48.05), Alembic 136.05 (130.05), Aurobindo 235.05 (226.50), Aventis 434.40 (431.80), Cadila 136.20 (135.70), Cipla 1083.25 (991.10), Dabur 57.90 (56.95), German Remedies 294.30 (293.20), IPCA Labs 121.80 (120.75), J B Chemicals 215.50 (208.90), Knoll Pharma 306.05 (305), Morepen 70.35 (52.35), Panacea Bio 372 (366), Pfizer 490.90 (483.60), Ranbaxy 867 (855.95), Sun Pharma 641.25 (634.15), Suven Pharma 86.25 (81), Torrent Pharma 236 (235), Wockhardt 570.80 (559.15), Wyeth Lederle 316 (312.50), Zandu 1818 (1776)

The major losers were: Burroughs Well. 227.75 (231.90), Dr Reddy’s 998.95 (999.40), Elder 37.30 (37.60), E-Merck 329.50 (336.95), GSK 417.20 (420.70), Nicholas Piramal 277.55 (290.55), Parke Davis 186.35 (189.35).