Banking stocks in limelight
(Wed, 15 Apr 01:30 pm)
Indian share markets continued to trade weak in the post-noon trading session. Sectoral indices are trading mixed with banking and consumer durables being the major gainers. IT and auto stocks are the biggest losers today. BSE-Sensex is down 8 points and NSE-Nifty is trading 7 points down. S&P BSE Midcap is trading 0.3% down and S&P BSE Smallcap index is trading down by 0.5%. The rupee is trading at 62.42 to the US dollar. Indian pharma stocks are trading on a mixed note. Aurobindo Pharma has announced that the company has received final approval for Cefixime oral suspension from USFDA. The approved drug is bio-equivalent to Suprax. The annual market size of the drug is US $123 m as on Feb 2015.
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