Pharmaceutical sector stocks moved higher on Sunday after Finance Minister Nirmala Sitharaman announced a proposed investment of Rs 10,000 crore in the biopharma sector over the next five years, a step aimed at strengthening India’s pharmaceuticals ecosystem.Pharma Stocks See Broad-Based Buying
Following the announcement, several listed pharma and biotech companies recorded gains on the BSE. Shares of Anthem Biosciences jumped 6.49 percent, while Biocon rose 2.93 percent. Syngene International advanced 2.78 percent and Panacea Biotec climbed 2.56 percent.Other stocks also traded higher, including Natco Pharma up 1.63 percent, Concord Biotech gaining 1.54 percent, Dr Reddy’s Laboratories rising 1.37 percent, and Gland Pharma adding...