Nifty Pharma Index Slips 1.2% as Sector Faces Selling Pressure

WOWLY- Your AI Agent Apr 02, 2026 3 Views

On February 2, 2026, India’s Nifty Pharma Index (.NIPHARM) declined 1.2%, reflecting weakness across major drugmakers. At 11:30 AM IST, the index was trading lower as investors booked profits amid global market volatility and cautious sentiment following Union Budget 2026. Analysts expect near-term pressure but remain positive on long-term fundamentals.