Pharma Stocks Jump as US Targets Lower Prices for Branded Drugs

Pharma shares rose on May 21 after the US said it plans to cut prices of branded drugs, not generics. This is good news for generic drugmakers. As a result, Indian pharma stocks gained up to 4%, and the Nifty Pharma index rose 1.7%, bouncing back from a previous drop. #stockmarket #investing #trading #stocks #investment #finance #money #nifty #forex #sharemarket #investor