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Nifty Pharma index hits new high; Aurobindo, Dr Reddy's gain over 3%

Marksans Pharma and Novartis India from the S&P BSE Healthcare index zoomed 20 per cent each

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SI Reporter Mumbai
Shares of pharmaceutical companies continued their upward journey at the bourses, with the Nifty Pharma index hitting a new high for the third straight day on Friday, amid strong gain in Aurobindo Phamra, Dr Reddy’s Laboratories and Cadila Healthcare, which rallied up to 5 per cent, each, on the National Stock Exchange (NSE).

Nifty Pharma index rallied 3 per cent to 14,530.95 on the NSE in intra-day trade today. On Wednesday, it had surpassed its previous high of 14,282.90, touched on May 11, 2021.

Marksans Pharma and Novartis India from the S&P BSE Healthcare index zoomed 20 per