Phani Sekhar positive on largecap pharma space

Phani Sekhar, Fund Manager--PMS at Karvy Stock Broking told CNBC-TV18, "We are quite positive on the entire largecap pharma space whether it is Sun Pharma, Dr Reddy's Labs or Cipla or even for that matter among the midcaps we like stocks like Aurobindo Pharma, Divis Laboratories, Cadila Healthcare and Torrent Pharma. So, that entire sector as such looks pretty interesting to us, it is just a question of judgment call on what stock you pick. However, otherwise the entire sector is pretty interesting at this point in time."

On Wednesday, Sun Pharmaceutical Industries closed at Rs 930.00, up Rs 11.20, or 1.22 percent. It has touched an intraday high of Rs 933.00 and an intraday low of Rs 915.05.