β€Ή All Posts
Akhilesh Jat SEBI RA

29th Sep Β· SEBI-Registered Analyst

πŸ“‰ Nifty Pharma Index Loses Early Gains After Strong Start

After a positive opening in the first trading session of the week, the Nifty Pharma Index jumped nearly 1% during the initial hour of trade. However, the momentum fizzled out as buyers lost grip, leading to a sharp reversal. By 2:45 PM, the index had erased all early gains and was trading around 0.1% lower. Among the constituents,

IPCALAB
emerged as the top dragger, slipping 2.7%, while
DIVISLAB
extended its losing streak for the sixth consecutive session, adding further pressure on the sector. The intraday reversal highlights the ongoing volatility and cautious sentiment within the pharma space, as traders await clear directional cues. πŸ“Œ Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

#TrendingSectors#MacroViews#Miscellaneous#StockInNews#WatchOutFor
444 likesΒ·77 comments