Nifty Pharma index shares 2Feb21 Chart Strength 24Jul20 Chart Strength 1Feb19 Chart Strength 31Aug18 Chart Strength 9Jul 15 Chart Strength
Alkem Laboratories 7 9      
Aurobindo Pharma 3 2 4 10 3
Biocon 10 5 5 7  
Cadila Healthcare 5 4 15 13 6
Cipla 2 3 12 6 14
Divi's Laboratories 6 7 2 1 strongest 8
Dr. Reddy's Laboratories 8 1 strongest 1 strongest 9 4
Lupin 4 8 8 14 11
Sun Pharmaceutical Industries 1 strongest 6 13 5 15
Torrent Pharma 9 10 6 2 7
Above 200-dma 70% 100% 60% 100% 80%

Note
CNX Pharma Sector Index consists of stocks from Indian and MNC Pharmaceutical companies.

 

Other leading Indian Pharma shares 2Feb21 Chart Strength 24Jul20 Chart Strength 1Feb19 Chart Strength 31Aug18 Chart Strength 9Jul 15 Chart Strength
Ajanta Pharma     14 12 5
Apollo Hospitals Enterprise     3 8 12
GlaxoSmithKline Pharmaceuticals     9 3 2
Glenmark Pharmaceuticals     7 11 1 strongest
Piramal Enterprises     10 4 10
Strides Pharma Science     11 16 9
Wockhardt     15 15 13
      Note
      These are not part of CNX Pharma Sector Index stocks.
  • Stocks trading above 200 day moving average  laughing
        Shares are shown in blue colour
  • Stocks trading below but close to 200 day moving average smile
        Shares are shown in orange colour
  • Stocks trading much below 200 day moving average frown
        Shares are shown in red colour

Technical Trend of Pharmaceutical Sector Shares

1 February 2021
Nifty Pharma Sector Index is trading above 200 day moving average.
Out of 10 Nifty Pharma Index stocks 7are trading above 200-dma.
That means 70% of Pharmaceutical Index stocks are trading above 200-dma.
Due to Covid-19 many Pharma companies have performed well.
Weak rupee can help the exporting Pharma companies.

Outperformers: Cipla, Sun Pharmaceutical, Aurobindo Pharma, Alkem Laboratories.
Underperformers: Biocon, Torrent Pharma, Dr. Reddy's Laboratories.

Related topic
Health Care or Pharma
Pharmaceutical – MNC
Pharmaceutical – Others