Pharma companies gain on defensive buying
Feb 10 2014 , Mumbai
"Stable cash flows and lower volatility of Indian pharma stocks are leading to some flows in the sector ahead of key events like Yellen's speech and inflation data," a dealer said.
Sun Pharmaceutical Industries Ltd gains 1.8 percent, Dr.Reddy's Laboratories Ltd is up 1.9 percent and Cipla Ltd is higher 1.2 percent.
Caution is also seen ahead of consumer price inflation and industrial output data due later in the week.