Mumbai, July 22 -- The Nifty Pharma index declined 1.16% to 25,790.70, giving up part of the 1.75% gain it had logged over the previous two trading sessions.

Lupin dropped 3.32%, Piramal Pharma declined 3.25%, Aurobindo Pharma fell 2.73%, Gland Pharma slipped 2.62%, and Wockhardt lost 2.56%. Other major losers included Ajanta Pharma (-2.45%), Sai Life Sciences (-2.04%), Zydus Lifesciences (-1.77%), Cipla (-1.59%), Glenmark Pharmaceuticals (-1.49%), Alkem Laboratories (-1.34%), Dr. Reddy's Laboratories (-1.25%) and Sun Pharmaceutical Industries (-0.91%). Mankind Pharma declined 0.86%, Torrent Pharmaceuticals fell 0.80%, IPCA Laboratories slipped 0.78%, Laurus Labs shed 0.45%, Biocon lost 0.37%, and Abbott India edged down 0.14%.

Trump anno...