The Pharma sector is expected to remain range-bound in the short term, having been in a broad consolidation for the past year. Despite a recent rally, the index failed to sustain gains, indicating a lack of clear directional momentum.

Rupak De’s track record: 27 graded calls · 95% CI 34–69%

Nifty Pharma IndexNeutralCalled 25 Apr 2026Graded 04 Jul 2026
Verdict:MISS

Nifty Pharma Index rose from ₹23171.85 to ₹24762.85, a significant increase of 6.87%, contradicting the neutral/range-bound expectation.

Read the original articleSee Rupak De’s full track record