Pharma shares buck stock market trend, lead gainers

Tags: Companies
Drug makers rise, bucking the stock market trend as investors seek defensives.

Ranbaxy Laboratories is up 4 percent, while Sun Pharmaceutical Industries gains 4.2 percent after marking an all-time high of 839 rupees.

Glenmark Pharmaceuticals gains 1.4 percent after saying its unit is entering the oncology sector with a new antibody.

Cadila Healthcare gains 3.1 percent after U.S. drug regulator gives final approval for Acyclovir tablets, used for the treatment of herpes.

EDITORIAL OF THE DAY

  • Electricity generators sit on hundreds of gigawatts waiting for buyers

    Be it a Lok Sabha, Rajya Sabha or a state legislature poll, power — as in electricity — remains a major issue on which elections are won or lost.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Arun Kumar Jain

A complex challenge for our PSUs

Till the mid-1990s, the central government and its companies were ...

Rajgopal Nidamboor

Up the ante of your conscious existence

It sounds cryptic, but is not as complex as it ...

Dharmendra Khandal

The one in which a blue whale was washed ashore

Quite unexpectedly, a gigantic blue whale was washed ashore at ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture