Pharma Stocks Plunge as Trump Threatens Heavy Tariffs

On April 4, 2025, pharma stocks faced significant losses after former President Trump promised "never-seen-before" tariffs on the sector, reigniting fears of a hit to profit margins. The Nifty Pharma index dropped over 4% (Intraday declined up-to 6.23%), with major players like

, , and sinking up-to 10% intraday. This sharp decline follows a strong rally in the previous session, with investors now reassessing the potential impact of the proposed tariffs. The uncertainty surrounding the sector has heightened volatility, with traders closely watching the unfolding situation as concerns about future earnings grow. Disclaimer: This post is for informational purposes only and does not constitute investment advice.