BSE Healthcare

These 4 pharma stocks touch their new 52-week lows

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These 4 pharma stocks touch their new 52-week lows

Benchmark index Sensex closed higher by about 720 points to 60,566 on Monday. Despite the rally in the market, four stocks from the BSE Healthcare index slipped to touch their new 52-week lows. The 52-week low is the lowest price a stock has traded during the last one year. Some traders and investors use this … Read more

Pharma sector to remain a market favourite due to earnings visibility, say analysts

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Pharma sector to remain a market favourite due to earnings visibility, say analysts

Mumbai: The healthcare index hit a record high on Friday led by a rally in sector majors Lupin, Dr Reddy’s Laboratories and Cipla on the back of positive news flow. The sector will remain a market favourite due to earnings visibility, which does not exist for most sectors currently because of the pandemic. Analysts said … Read more