Domestic pharmaceutical and healthcare stocks eked out minor gains, snapping their early losses on Monday, May 12 as U.S. President Donald Trump announced that prices of prescription drug and pharmaceutical products, making them among the lowest globally. However, shares of Asia-based drugmakers extended losses, falling up to seven percent on earnings growth concerns.On social media platform Truth...

Pharmaceutical stocks took a beating in trade on April 9, after U.S. President Donald Trump reiterated his plans to impose heavy tariffs on pharmaceutical imports, in an attempt to reshore drug manufacturing to the U.S.“We’re going to be doing something very big on drug imports — a major tariff is coming,” Trump told the audience. “We want these companies to make their products here, in ...

Concerns over the possibility of US President Trump imposing tariffs on pharma imports weighed down on pharma stocks in trade on February 10. This comes from Trump's threatening to impose a 25 percent tariff on steel and aluminum imports in the US, adding that similar tariffs would also be applied to other goods, including pharmaceuticals, oil, and semiconductors.With the US market making up a hug...

The Nifty Pharma index is underperforming the benchmark NSE Nifty index since September 2020 after the new normal.we had highlighted that the break above 14,000 will take the index higher, but it is trading in the range of 13,300-13,700 so far.Pharma Index/Nifty50 at Reversal LevelAs the pharma index is struggling to cross 14K levels, the ratio chart of Nifty Pharma/Nifty50 indicates the recovery ...

Stock market today: Nifty Pharma index is up around 2 per cent today after giving breakout at 14,500 on Friday. Pharma major Divi's Lab share price has surged around 10 per cent, Abbott India shares shot up 5 per cent, shares of Gland Pharma rose around 4.50 per cent whereas Aurobindo Pharma shares added 4 per cent in intraday session.Some pharma stocks have given breakout and according to experts...