Pharma stocks
outlook for the week – 24 to 28.11.2014
( www.rupeedesk.in )
Stocks of frontline
pharmaceutical companies are seen jumping upwards next week after the
negative rally in the sector in
last few weeks.
The pharma stocks saw some profit
booking in the past few weeks, so now we are expecting a
jump in shares next week, with
some buying expected. The broader markets are also seen
sideways-to-positive till Nifty
breaks an important resistance.
Stocks of Divi's Laboratories
Ltd, which failed to pick momentum when compared with its
peers, are likely to underperform
next week in the space, and may also be the first ones to see a sharp fall in case there is
weakness in the sector.
