
Lupin Ltd.CMP -880
As you can see, the pharma stocks are presently in a short term uptrend
after a continuous decline since many years as well as having witnessed 6
months of market sluggishness in FH 2018. We are seeing good rise in pharma
stocks as a defensive play in the present market environment where only few
index stocks have risen and taken market to new highs. The IT and Pharma are
witnessing special short term trading momentum also...