MUMBAI: The covid-19 pandemic has taken a toll on various sectors, but the pharmaceutical industry is the only one to buck the trend and in fact deliver stellar performance so far in 2020.

The Nifty Pharma is the top performing index since the start of 2020 with returns of around 19% this year even as all other sectoral indices are in the red.

Sectors like metals and auto are deep in the red with year-to-date performance down 41.27% and 34.81%, respectively. On Friday, the Nifty Pharma ended at 9518.45 points.

Investor interest in pharma stocks comes at a time when the covid-19 pandemic continues to spread across the globe, and countries and the pharma industry have stepped up efforts to find a reliable cure.

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Detail statistic

Pharma tops sectoral indices in 2020

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