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Indian shares rise 1 percent lifted by pharma
Foreign investors on Monday sold $435.6 million worth of Indian equities, Refinitiv Eikon data showed.
Bengaluru: Indian shares ended up 1% on Tuesday in broad-based buying, led by a surge in pharma stocks, even as global markets remained muted, anticipating hefty interest rate hikes from a host of central banks.The NSE Nifty 50 index rose 1.1% to 17,816.25 and the S&P BSE Sensex ended up 0.98% at 59,719.74."People think that the inflation problem in India is not as severe as abroad....
Bengaluru: Indian shares ended up 1% on Tuesday in broad-based buying, led by a surge in pharma stocks, even as global markets remained muted, anticipating hefty interest rate hikes from a host of central banks.
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Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751