38: Pharmaceuticals are shining amid the pandemic. No prizes for guessing why
Mark to Market
English - May 30, 2020 09:32 - 5 minutes - 4.98 MBBusiness News News market price finance podcast investing stock market entrepreneurship business business podcast money market share market entrepreneur Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Pharmaceutical companies have been a bright spot amid a general gloom during this COVID-19 pandemic. The Nifty Pharma has been the top-performing index in 2020. It has given a 20% return this year at a time when all other sector indices are giving negative returns. It is not because they have found a cure for covid-19 but rather because they have underperformed in the past several years. Besides, demand for drugs across the globe have risen.