Pharma Stocks Decline Amid US Tariff Concerns
Pharma stocks fell on February 14 as fears of US tariffs rattled investors after President Trump hinted at levies on pharmaceuticals. Shares of Dr Reddy's, SUNPHARMA Sun Pharma, Cipla, and others slipped 1-4%, while Nifty Pharma dropped 3%. Higher tariffs could erode margins and weaken Indian drugmakers' competitiveness in the US market.
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