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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.