Pharma Stocks Rally on Trump’s Tariff Pause; Nifty Pharma Up Over 8% From Recent Low

Pharma stocks surged after news of a pause in Trump-era tariffs, lifting market sentiment. Nifty Pharma jumped as much as 3.54% intraday and closed with a 2.43% gain, marking a sharp 8% rebound from its recent low of 19121.10 on April 7, 2025. The today’s high level also aligns with key historical lows—20670 (July 2024), 20673 (Jan & Feb 2025)—indicating a strong resistance zone. However, today’s high of 20684.85 saw a pullback, suggesting that the 20615–20710 range is now acting as a key resistance zone. The recent rally comes after a steep correction in the sector, where Nifty Pharma fell over 20%,

dropped 36%, and plunged more than 55% from its all-time high. How prices behave around this critical resistance will decide the upcoming direction for the pharma sector. Disclaimer: This post is for informational purposes only and does not constitute investment advice.