Jitendra Panda of Capital First Securities told CNBC-TV18, "The pharma sector has been outperforming the market and today also if one sees most of their peers are at 52-week high whether it is Torrent Pharmaceuticals. Divis Laboratories has seen 10 percent open interest increase today itself on the long side."
"With the stop loss at Rs 982, we believe Rs 1035-1055 is where one should target and we could see the upside. The whole sector is outperforming the market," he added.
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