29 Sep 2025 | 3 Mins Read
Pharma stocks surge up to 10% after Trump tariff clarification
Flipitmoney
Pharmaceutical stocks rebounded on Monday after clarification on US tariffs, with Wockhardt shares rallying over 10% and the Nifty Pharma index advancing over 1%. The proposed tariffs apply only to branded and patented drugs, not generics, which are the bulk of Indian exports to the US. Analysts expect minimal impact on Indian pharma companies.