 "Markets hold gains even as Trump speech puts pharma shares under pressure")
Benchmark Indices continued to rise in the after-noon trade led by IT stocks on hopes U.S. President-elect Donald Trump may not proceed with stringent visa rules.
Gains were capped by pharma stocks after Trump said pharmaceutical companies are "getting away with murder" in what they charge the government for medicines, and promised that would change in his first presser.
In a choppy trade, Nifty continued to hover around it’s 8,400 mark which it hit earlier in the day led by gains in NTPC, PowerGrid, Tata Power and L&T while Sensex continued to stay 100 points higher.
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Gains were capped by pharma stocks after Trump said pharmaceutical companies are "getting away with murder" in what they charge the government for medicines, and promised that would change in his first presser.
In a choppy trade, Nifty continued to hover around it’s 8,400 mark which it hit earlier in the day led by gains in NTPC, PowerGrid, Tata Power and L&T while Sensex continued to stay 100 points higher.
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