Nifty Pharma index up for fifth straight day; Sun Pharma up 14% in a week

Marksans Pharma, Alembic Pharma, Caplin Point Lab, Ajanta Pharma, Bliss GVS Pharma, Granules India, Aurobindo Pharma and Wockhardt were up in the range of 10% to 30% in past one week.

Shares of pharmaceutical companies were trading higher for the fifth straight trading day with Nifty Pharma index gaining 8% as compared to 2% rise in the Nifty 50 index.

Sun Pharmaceutical Industries, Marksans Pharma, Alembic Pharmaceuticals, Caplin Point Laboratories, Ajanta Pharma, Bliss GVS Pharma, Granules India, Aurobindo Pharma and Wockhardt have risen in the range of 10% to 30% in past one week.

On Tuesday, Lupin, Divis Laboratories, Dr Reddy’s Laboratories, Aurobindo Pharma, Sun Pharma, Cadila Healthcare, Cipla and Glenmark Pharmaceuticals were trading higher in the range of 1% to 3% on the National Stock Exchange (NSE).