Stock Market Outlook Today, 18 May 2026: Sensex, Nifty Likely to Stay Cautious; Pharma Stocks in Focus
Pharmaceutical stocks are expected to remain in focus going forward, supported by persistent rupee weakness, improving export competitiveness, and continued strength in domestic healthcare demand. The sector is also likely to benefit from its relatively defensive earnings profile amid ongoing global macro uncertainty and rising volatility across broader markets, Khemka added.

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