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.

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