P Phani Sekhar of Karvy Stock Broking told CNBC-TV18, "Largely pharma remains a good contra buy."Lupin closed at Rs 1,453.15, up Rs 16.05, or 1.12 percent. It has touched an intraday high of Rs 1,464.00 and an intraday low of Rs 1,430.00.Sun Pharmaceutical Industries closed at Rs 746.05, up Rs 4.45, or 0.60 percent. It has touched an intraday high of Rs 747.30 and an intraday low of Rs 733.10.
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