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What’s behind Nifty Pharma’s recent rally

Reading Time: 3 minutes

Last week, the Nifty Pharma index reached an all-time high on 7 August, driven by investor interest in defensive investment themes. Market analysts noted that the recent surge in pharmaceutical shares is a result of a comeback rally because these stocks hadn't been doing as well as the overall market for a while.

Govt. reforms fail to uplift markets

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A host of reforms worth 20 lakh crore from the government to tackle covid-19 failed to uplift markets as benchmark indices closed in red

Anatomy of the Indian Pharma Industry

Reading Time: 5 minutes

The Indian pharma industry is the world’s 3rd largest by volume, the largest supplier of generic drugs & caters to ~50% of global vaccine demands.

Pharma Sector Grew by 6% after GST

Reading Time: 1 minutes

Post GST, exports of the pharma sector also grew by 10%

Auto Companies Register Double-digit Growth

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Demand for M&HCVs and LCVs see substantial rise

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