Nifty Pharma index rallies nearly 3%; Lupin surges 10%, Cipla, Cadila up 3%

All the 10 constituents of the Nifty Pharma index were trading in the green.

Shares of pharma companies were trading in the positive territory on Friday with the Nifty Pharma index surging nearly 3 per cent to 11,800.65 levels against Thursday's close of 11,477.95 points.  

Among individual stocks, Lupin gained up to 10 per cent to Rs 1,019 in the intra-day deals. At 10:46 AM, the stock was ruling over 8 per cent higher at Rs 1,008.15 and was the top gainer on the Nifty Pharma index. Cipla, Cadila Healthcare, Sun Pharma, and Torrent Pharma were next on the gainers' list as their share prices rose in the range of 3.3 to 2.1 per