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​The stock’s 52-week low and high prices are Rs 67 and Rs 112, respectively. Currently, the share is trading 49% higher than its 52-week low price.In the quarter ended September, FIIs also raised stake in the stock to 7.55% from the earlier 5.76% in the June quarter

Individually, the regulator has slapped a fine of Rs 5 crore each on BRH Wealth Kreators and BRH Commodities and Rs 1 crore on Anubhav Bhatter, who was the director of the two companies and also held significant beneficial interest in these firms. These three entities have been prohibited from the securities markets for seven years.

Nifty has repeatedly been testing the support of 17,800 levels by forming lower highs. The market action of the last 2-3 weeks also signals the formation of a triangle type pattern and Nifty is now placed at the lower end of a triangle, said Nagaraj Shetti of HDFC Securities.

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The Nifty Pharma index closed 0.66 per cent down at 12682.25.

On the technical charts, the RSI of the stock stood at 56.68.

The rupee last traded at 81.5750 per U.S. dollar, up from 81.7850 in the previous session and its highest level in more than a month. On Tuesday, the local currency climbed 0.7%, scaling the 82-82.20 levels that traders were watching.Interbank traders cited the rupee playing catch-up after a period of underperformance versus its Asian peers, stop losses and an improving flows outlook among the reasons for its unexpected jump over the last two sessions.

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“The global emerging market outlook is improving and historically, we have seen that once the valuations touch such low levels and we are near the peak of the rate hike cycle, typically emerging markets bounce back. So the probability of overall emerging markets doing very well this year has increased.”

Foreign Institutional Investors (FIIs) were net sellers in the capital market on Tuesday as they offloaded shares worth Rs 2,109.34 crore, according to exchange data.