Indian pharmaceutical major, DR. Reddy’s laboratories hit a new 52 weeks high in today’s trade.Stock closed the day at 3,697.80 with a gain of 114.60 points (3.20%).
The stock has been on a strong up trend since hitting a low of 2497.6 on 19 March 2019 and have rallied more than 1000 points till today.
In a volatile day ,Sensex plunge over 1300 points from its day high.Sensex closed the day with a 173.25 points or 0.58 per cent lower at 29,893.96. It hit an intraday high of 31,227.97. Similarly, the NSE Nifty closed 43.45 points, or 0.49 per cent, down at 8,748.75.
Nifty pharma index continued its winning run and closed the day with a gain of 287.35 points (3.54%).Candila healthcare was a stock of the day and zoomed over 13 %. Candila healthcare, Divi’s laboratories and Biocon are other pharmaceutical stocks trading near a 52 weeks high.
Cipla, Sun Pharma and Divi’s laboratories closed the day with 4 per cent gain.