Bullish on pharma space: Nitin Raheja, CIO, AQF Advisors

In a chat with ET Now, Nitin Raheja, CIO, AQF Advisors, shares his views about the pharma sector.

ET Now: What is your sense about some of the pharma names because we have seen fresh highs coming for these ones. Do you think the outperformance for defensives like the pharma pack would continue to hold ground?

Nitin Raheja: Well, pharma companies are growing and I do not know whether you would call it a defensive or not. A lot of these companies are playing out the generic story. So yes, we like the pharma pack and we continue to be positive on it. You will see them delivering good numbers. Stocks like Wockhardt and Alembic have delivered very very handsome returns in such market. Hence, we continue to like pharma as a space and prefer to be there.