Ajanta Pharma, Lupin to Sun Pharma: Why are pharma stocks falling despite Trump’s tariff exemption?

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Ajanta Pharma, Gland Pharma, Lupin, Aurobindo Pharma, Sun Pharmaceutical Industries, Zydus Lifesciences, Divi's Laboratories and Torrent Pharmaceuticals were among the top losers in the Nifty Pharma index, which shed over 1% during the session.