NIFTY Pharma is a sectoral stock index under the National Stock Exchange (NSE) of India that tracks the performance of leading pharmaceutical companies listed on the exchange. It includes companies engaged in drug manufacturing, biotechnology, healthcare services, and pharmaceutical research & development. The index helps investors gauge the overall performance of the pharmaceutical sector in India.

The index consists of top pharmaceutical companies in India, including major drug manufacturers, biotech firms, and healthcare service providers.

It is a market capitalization-weighted index, meaning the companies with a higher market cap have more influence on the index movement.

Returns vary over time, but historically, the index has shown strong long-term growth, driven by increasing demand for healthcare and pharmaceuticals.

Investors can invest in the index through index funds, ETFs, or by directly buying stocks of the companies included in the index.

The pharmaceutical sector is considered a defensive investment, meaning it tends to perform well even during economic downturns, making it attractive for long-term investors.

You can buy NIFTY Pharma shares using the Navia App. Open a Free Demat account and add the scrip to the watchlist. Select buy and enter the bid quantity to buy the stock.

The share price of any stock is volatile and keeps changing throughout the day due to various factors. NIFTY Pharma share price is “₹20332.25” as of “Wed,12Mar.”

NIFTY Pharma today's high is 20401.90 and today's low is 20178.60.