New Delhi, June 8 -- The Nifty Pharma index gained 1.4% on Monday, 8 June, bucking the market selloff, as investors sought refuge in defensive sectors amid heightened global uncertainty, according to experts. The Nifty Pharma index extended its winning streak for a fourth consecutive session on Monday, advancing 1.25%.

Pharma stocks traded mixed on Monday, with several mid- and large-cap names outperforming the broader market despite a sharp selloff in benchmark indices. The Nifty Pharma index remained in the green, supported by gains in select heavyweight stocks.

Among the top gainers, JB Chemicals & Pharmaceuticals surged nearly 1.8%, while Alkem Laboratories and Mankind Pharma advanced around 1.7% each. Torrent Pharmaceuticals, Ajant...