GOLDEN RULES FOR TRADING

Pharma Stocks Outlook for the week – 23 to 28.02.2015

Pharma Stocks Outlook for the week – 23 to 28.02.2015

Stockss of frontline pharmaceutical companies would perform in line with the performance of
Sensex in the upcoming week, and would move up or down along with the broad market.
There is not much trigger left since the Oct-Dec earnings for most of the companies are out.

The pharma sector would be a market performer though. Expectations from the upcoming budget would not significantly impact the pharma stocks, owing to the defensive nature of the sector. According to Glenmark Pharmaceuticals Ltd and Lupin Ltd would be the top performers in the sectors, with Dr Reddy's Laboratories Ltd and Sun Pharmaceutical Ltd underperforming.