Pharma firms can build brands and enjoy higher margins here
The pharma sector, once considered a safe bet, has been trailing the benchmark indices for four years in a row
Indian indices fall 4%; gloom prevails in other global markets also after Trump's dire warning
The Sensex ended 62 points higher at 35,697, while the Nifty ended little changed at 10,458
The decadal average of funds raised through this route is currently at its lowest on record
Big pharma companies, however, said while it was true that formulation players would not rush to buy raw material, they could not afford losing customers.
All the Nifty sectoral indices are trading in the green. Nifty Bank, Nifty Financial Service, Nifty Metal, and Nifty Private Bank indexes gained over 2 per cent each
The data shows that in the last 12 months, multinational drugmakers have also done equally well in the Indian market in terms of growth rate
Vikram Limaye said several taxes, including the securities transaction tax and the goods and services tax, are hurting investor participation
Nifty Smallcap 100, Midcap 100 rally 3.9%, 2.4%
Companies with quality management and strong earnings visibility were safer bets for investors