Pharma space attractive, buy Sun Pharma and Lupin: Ambareesh Baliga

Ambareesh Baliga, VP, Karvy Stock Broking Ltd. in an interview with ET Now discusses pharma stocks.

Pharma being a defensive space, do you see more money flowing into it considering you are going to see consolidation over the next few months?

Yeah surely and the way we see it, more money would flow into the domestic pharma players and which we again have been recommending stocks like Sun Pharma and Lupin, that's the space where you will have more interest coming in.