The Nifty Pharma index was trading 0.24 per cent down at 8,754 around 02:45 pm (IST).
However, Cadila Healthcare (up 0.70 per cent), Divi’s Laboratories (up 0.36 per cent), Lupin (up 0.19 per cent), Cipla (up 0.16 per cent), Glenmark Pharmaceuticals (up 0.07 per cent) and Dr. Reddy’s Laboratories (up 0.04 per cent) were in the green around that time.
Benchmark NSE Nifty50 index was down 6 points at 10,709, while the BSE Sensex was 16 points down at 35,192.
Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.
ICICI Bank, HPCL, Eicher Motors, Power Grid and Grasim were among the top gainers in the Nifty index.
However, Mahindra & Mahindra, IndusInd Bank, Larsen & Toubro, Bajaj Finance and Infosys were among the top losers of the Nifty pack.