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NEW DELHI: Pharma shares were trading with losses in Monday's morning session with their sectoral index trading lower.

Shares of Aurobindo Pharma (down 1.59 per cent), Piramal Enterprises (down 1.48 per cent), Sun Pharmaceutical Industries (down 1.12 per cent) and Cadila Healthcare (down 0.88 per cent) were trading lower.

Lupin (down 0.87 per cent), Dr. Reddy's Laboratories (down 0.79 per cent), Biocon (down 0.78 per cent) and Cipla (down 0.65 per cent) were trading with losses.

The Nifty Pharma index was trading 0.90 per cent down at 9324.75 around 10:12 am.

Benchmark NSE Nifty50 index was down 99.35 points at 11,653.45 while the BSE Sensex was down 290.27 points at 38,850.01.

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