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Shares of pharmaceutical companies were on a roll with the Nifty Pharma index set to post its sharpest rally in past nine years on the back of a strong rally in Sun Pharmaceutical Industries, Aurobindo Pharma, Glenmark Pharma and Dr Reddy’s Laboratories.
At 12.03 pm; Nifty Pharma index, the largest gainer among sectoral indices, was up 2.2% at 10,340, as compared to 0.11% decline in the Nifty 50 index.
The pharma index hit a fresh 52-week high of 10,390 in intra-day on Friday, rallied 13% thus far in the month of August. In comparison, the Nifty 50 index
At 12.03 pm; Nifty Pharma index, the largest gainer among sectoral indices, was up 2.2% at 10,340, as compared to 0.11% decline in the Nifty 50 index.
The pharma index hit a fresh 52-week high of 10,390 in intra-day on Friday, rallied 13% thus far in the month of August. In comparison, the Nifty 50 index
