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VERIFIEDET Stocks·positive

Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?

AI Summary
  • ·Five Indian sectors, including Pharma, Energy, Defence, Capital Markets, and Metals, have reached 52-week highs.
  • ·This strength is observed despite a challenging market backdrop characterized by geopolitical tensions and foreign fund outflows.
  • ·The sectors' performance is attributed to structural earnings visibility and long-term growth tailwinds.
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