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  5. Sun Pharma, Divi’s Lab, Wockhardt: Pharma stocks surge up to 8% during Muhurat Trading session; why are stocks rallying today?

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Sun Pharma, Divi’s Lab, Wockhardt: Pharma stocks surge up to 8% during Muhurat Trading session; why are stocks rallying today?

Anubhav Mukherjee
By Anubhav Mukherjee

2 min read | Updated on November 08, 2026, 15:20 IST

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SUMMARY

Pharma stocks surged during the Muhurat Trading session on Sunday, November 8, as investors placed defensive sector bets at the beginning of the Samvat year 2083, in line with the expectations of a sector-specific approach.

Stock list

SUNPHARMA
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DIVISLAB
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WOCKPHARMA
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PLPHAR-RE
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MANKIND
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NIFTY Pharma index surged 1.55% to hit an intraday high of 28,373.95 points during the special Muhurat Trading session on Sunday, November 8.

NIFTY Pharma index surged 1.55% to hit an intraday high of 28,373.95 points during the special Muhurat Trading session on Sunday, November 8.

Pharmaceutical stocks like Sun Pharma, Divi’s Lab, Wockhardt, Piramal Pharma, and Mankind Pharma were among several others which powered the sectoral index during the special trading session on Sunday, November 8, as investors placed defensive sector bets during Muhurat Trading 2026 amid the volatile geopolitical environment.

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NSE data showed that the sectoral benchmark NIFTY Pharma index surged 1.55% to hit an intraday high of 28,373.95 points during the special Muhurat Trading session on Sunday, in comparison to 27,940.40 points at the previous equity market close.

Sun Pharma, Divi’s Lab, and Wockhardt were leading the pack of gainers during the 1-hour trading session, which is a long-standing ritual among traders to pay respect to Goddess Lakshmi as part of the Diwali celebrations.

Equity investors consider this special trading session an auspicious opportunity to start new investments at the beginning of Samvat 2083.

Ahead of the Muhurat Trading window, market experts expected that traders would be adopting a sector-specific approach during the special trading session, indicating a long-term defensive play which acts as somewhat of a support amid turbulent global times.

How are Pharma stocks performing today?

Company nameIntraday highIntraday returns (%)
Divi’s Lab₹11,1758.2%
Sun Pharma₹1,929.403.7%
Wockhardt₹2,015.903.5%
Piramal Pharma₹247.443.3%
Mankind Pharma₹2,593.602.1%
Laurus Labs₹2,3751.4%
Abbott India₹26,7651.6%
Ajanta Pharma₹3,343.901%
Aurobindo Pharma₹1,816.100.9%
Source: NSE website, as of Sunday, November 8.
(This is a developing story, please stay tuned for more updates.)
Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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