Pharma shares in focus; Sun Pharma gains 4% in intra-day deals

Sun Pharma, Unichem Lab, Ipca Lab, Wockhardt, Marksans Pharma, Cadila Healthcare and Aurobindo Pharma were up in the range of 3% to 8%

Shares of pharmaceutical companies were in focus, trading higher by up to 7% on the bourses in otherwise range-bound market. Sun Pharmaceutical Industries, Unichem Laboratories, Ipca Laboratories, Wockhardt, Marksans Pharma, Cadila Healthcare and Aurobindo Pharma were up in the range of 3% to 8%.

At 12:18 PM; Nifty Pharma index, the largest gainer among sectoral indices, was up 2.6% as compared to 0.02% decline in the Nifty 50 index. The S&P BSE Healthcare index too up 2% against 0.22% rise in the S&P BSE Sensex.

Sun Pharma was up 4.5% to Rs 555 in intra-day trade, extending its