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VERIFIEDET Markets·positive

Mankind, other pharma stocks rally up to 7%; Nifty Pharma scales fresh peak. What lies ahead?

AI Summary
  • ·Pharma stocks rallied on Wednesday, with the Nifty Pharma index reaching a new 52-week high of 25,043.
  • ·The Nifty Pharma index crossed the 25,000 mark, rebounding from early losses.
  • ·The rally in pharma stocks was supported by strong earnings and a weakening rupee.
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