New Delhi, June 30 -- India's pharmaceutical sector has come under significant pressure in 2025, with the Nifty Pharma index falling more than 6 percent during the first half of the year. In stark contrast, the broader Nifty 50 index gained nearly 8 percent over the same period. Investor sentiment has turned sharply bearish amid a series of domestic and global concerns ranging from export tariffs to macroeconomic uncertainty.

The downturn has been broad-based. Natco Pharma suffered the steepest decline, plunging around 34 percent. IPCA Labs dropped over 20 percent, while Aurobindo Pharma, Lupin, Granules India, Mankind Pharma, Ajanta Pharma, and Alkem Labs lost between 12-20 percent. Even stalwarts such as B...