Mumbai, Feb. 1 -- The Union Budget 2026-27, which is currently being presented by the Union Finance Minister Nirmala Sitharaman, has announced significant measures to promote the biopharma sector in the country.

The Nifty Pharma index added 0.51% to 21,824.80 while the benchmark Nifty 50 index gained 0.35% to 25,408.85.

Among the pharma stocks, Biocon (up 2.10%), Sun Pharma (up 1.74%), Piramal Pharma (up 1.27%), Torrent Pharma (up 1.13%), Dr Reddys Labs (up 1.08%), Zydus Life (up 0.79%), Cipla (up 0.76%), Mankind Pharma (up 0.74%) and Glan Pharma (up 0.60%) advanced.

In her latest Budget speech, the FM said that the BioPharma Strategy for Health Advancement through knowledge, technology and innovation will strengthen India's digital ec...