Stock market update: Nifty Pharma index advances 0.58%

On the other hand, Mankind Pharma Ltd.(down 4.49 per cent), Biocon Ltd.(down 1.98 per cent) and Dr. Reddy's Laboratories Ltd.(down 0.42 per cent) finished as the top losers of the day.

The Nifty Pharma index closed 0.58 per cent up at 18996.15.

Benchmark NSE Nifty50 index ended up 203.3 points at 22403.85, while the BSE Sensex stood up 676.69 points at 73663.72.

Among the 50 stocks in the Nifty index, 40 ended in the green, while 10 closed in the red.

Shares of Vodafone Idea, YES Bank, RattanIndia Power, Canara Bank and NHPC were among the most traded shares on the NSE.

Shares of Honeywell, Kirloskar Bros., HAL, Kirloskar Elec and Aadhar Housing Fin hit their fresh 52-week highs in today's trade, while Brightcom Group, SEL Manufact, Ebixcash World Money, IRB InvIT Fund and Mask Investments hit their fresh 52-week lows.