India's healthcare services stocks rallied on Monday after the government announced the first major overhaul of the Central Government Health Scheme (CGHS) since 2014, revising rates for nearly 2,000 medical procedures. The new rates will come into effect from October 13. Shares of Apollo Hospitals rose as much as 3.8%, Max Healthcare gained 4%, and Fortis Healthcare surged 4.8%.
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10:57 am on
06 Oct