India, Sept. 26 -- Stock prices of several Indian pharma companies tanked on Friday morning, reacting to United States President Donald Trump's announcement that he will impose whopping 100 per cent tariffs on branded and patented pharmaceutical products from October 1.

As of 9.43 am on Friday, stock prices of major pharma companies were down. While Cipla's stocks were down by 1.7%, trading at 1484.60, Dr Reddy's was down by 0.8% , trading at 1263.80. Sun Pharma was 2% down, trading at 1595.20.

More details will be added shortly.

Published by HT Digital Content Services with permission from Hindustan Times....