The sentiment around Indian equities remains positive and unchanged.
Bankruptcy Code will consolidate existing laws related to liquidation and sick industries
While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites.
The management, however, is a bit wary about near-term performance.
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.