Pharma Stocks Gain After Snapping Ten Days Losing Streak

The Nifty pharma index is trading in positive territory snapping the fall in past ten trading sessions.

The major pharma stocks have been moving to the higher levels as of 1005 hours on Tuesday. The sector is having a jolly ride in Tuesday’ morning trade. The index is trading higher by 1.3% and touched intraday high of 8900 level up by 1.6%.

Aurobindo Pharma is the top gainer in the index. The stock is trading higher by around 8% at Rs 553 per share as of around 0955 hours in the Monday’s trading session. The stock is the contributor to the index gains.

The other pharma stocks like Glenmark, Lupin, Cipla and Divi’s Laboratories are also trading in green. 

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