Is India’s Pharma Rally Over? Macquarie Says Not Yet
Capsules on a production line at Lupin Pharma’s manufacturing unit (Photographer: Dhiraj Singh/Bloomberg)

Is India’s Pharma Rally Over? Macquarie Says Not Yet

The Nifty Pharma index is among the top sectoral gainers so far this year, when the pandemic caused the biggest equity selloff in more than a decade before the rebound wiped off losses. Yet, Macqua...
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