NIFTY VS AUTO VS PHARMA Index
- [*Clearly the auto sector is underperforming for so long. Earlier macro issue and now demand is low due to COVID-19. Expecting to demand to pick up once the corona issue is over, under the assumption that people will prefer personal vehicles than public transport]
Apparently hydroxychloroquine curing corona patients and being the manufactures of same, zydus cadilla and Ipca laboratories going to be clearly benefited. Overall, pharma is looking good in the short term.
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