Will stay away from pharma space, says Amit Harchekar

Amit Harchekar of A Plus Analytics told CNBC-TV18, "We do not expect Sun Pharmaceutical Industries to outperform beyond Rs 950-960. Probably we would stay away from pharmaceuticals because we think most of the rally is done."At 14:13 hrs Sun Pharmaceutical Industries was quoting at Rs 952.65, up Rs 25.40, or 2.74 percent. It has touched an intraday high of Rs 965.15 and an intraday low of Rs 941.55.Disclosure: Analyst has recommended the stock to his clients but has no personal holdings.