Featuring among the top sectoral gainers on #NSE, the Nifty Pharma index was trading at 1.62 percent up at 9,751 around 10:10 am on Friday, with all components in the green. Depreciating rupee against the US #dollar is considered good for export-oriented businesses such as IT and pharma. A weakness in the rupee could support top line of domestic pharma players with a substantial bottom line from exports.
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