Pharma stocks are bouncing with smart gain in volatile market

Photo by Mari Monpari on
Photo by Mari Monpari on

India’s largest pharmaceutical company Sun Pharma Ltd closed second successive day with gain with increasing volume. Script is on rise since it had registered low of 363.5 on monday. Today it closed with 3.02% gain at 405.45 and had achieved day high of 412.95.Stock may find immediate resistant around 418.5 and next around 430.

NIFTY Pharma index closed in green with 1.98% gain in choppy session. Cipla and Dr Reddy also registered more than 4 % gain in prices.

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