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The state-of-the-art pharmaceutical formulation facility at Baddi is already approved by National Regulatory Authority (NRA) of India and USFDA for other oral solids and injectable products. Share price of  Panacea Biotec  added more than 9 percent in the early trade on Tuesday after company received USFDA approval for Azacitidine Injection. The company's oncology parenteral formulation facility at Baddi, Himachal Pradesh, India, received United States Food & Drug Administration (USFDA) approval for manufacture and supply of Azacitidine Injection, 100 mg/vial, for the US market. The state-of-the-art pharmaceutical formulation facility at Baddi is already approved by National Regulatory Authority (NRA) of India and USFDA for other oral solids and injectable products. Azacitidine is a chemotherapy drug used to treat myelodysplastic syndromes (MDS) with annual sales of about USD 110 million in US markets, as per IQVIA data as of December, 2018. The ...

Dips should be bought into, and good quality midcaps should be accumulated from the current levels; however, the upside target for Nifty is seen at 12,430 levels. The Nifty50 and Bank Nifty ended at all-time closing highs. A huge short covering was seen in the derivative markets post-Exit poll results announced on 19th May. The gap-up opening on 20th May left the unfilled gap up of 165 points between 11,426 and 11,591 in Nifty. This range has become strong support in the Nifty for the coming days. After a correction of 748 points from the highs of 11,856 (18th April 2019 High) to 11,108 (14th May 2019 Low), the Nifty has recouped all the losses in the span of last three sessions. Till last week, Nifty Midcap and Smallcap indices were falling for the past 5-7 weeks respectively. There were many stocks, which turned extremely oversold on the short to medium term charts. The Nifty50 ended the week on a strong wicket and signalled a bullish reversal by the ...

The company in its BSE release said that two promoters, Adani Tradeline LLP and Universal Trade and Investment, would together offer 8.75 crore shares at an offer price of Rs 43 per piece. Shares of Adani Green rallied nearly 3 percent intraday on May 21 after the promoters decided to offer up to 5.59 percent stake via Offer for Sale (OFS). The company in its BSE release said that two promoters, Adani Tradeline LLP and Universal Trade and Investment, would together offer 8.75 crore shares at an offer price of Rs 43 per piece. The share touched its 52-week high of Rs 77.60 and 52-week low of Rs 22.75 on 7 August 2018 and 2 July 2018, respectively. At 0936 hrs, Adani Green was quoting Rs 44.20, up 2.79 percent on the BSE. To get profitable financial guidance, give one missed call on 9424346629. We offer 2 days of free trial. Click here to visit our website:  http://ripplesadvisory.com/stock-option.php

Today, USD-INR pair is expected to quote in the range of 69.20 and 69.90.  The Indian rupee is off day's high but trading higher by by 60 paise at 69.62 per dollar versus previous close 70.22. On Friday, rupee consolidated in a narrow range ahead of the release of exit polls that were released last evening. Today, the rupee is expected to open higher against the dollar as exit polls suggest that the current ruling government could win another term with a thumping majority,  Equities, bonds as well as the rupee all are expected to open higher and could extend gains after the opening. Votes are set to be counted on May 23 and exit polls suggest a better showing for the NDA than what was expected in recent weeks. Today, USD-INR pair is expected to quote in the range of 69.20 and 69.90, it added. To get profitable financial guidance, give one missed call on 9424346629. We offer 2 days of free trial. Click here to visit our website:...

From the private banking space, the top gainers are ICICI bank, IndusInd Bank, Axis Bank, YES Bank and RBL Bank. Exit Poll clearly indicates that Modi-led NDA is likely to make a thumping return to power on May 23 with New18 IPSOS predicting NDA to get 336 seats while UPA may get a mere 82 seats out of the total 543 Lok Sabha seats.Exit Poll clearly indicates that Modi-led NDA is likely to make a thumping return to power on May 23 with New18 IPSOS predicting NDA to get 336 seats while UPA may get a mere 82 seats out of the total 543 Lok Sabha seats. Nifty50 zoomed 271 points, trading at 11,678, while the Sensex rallied close to 1,000 points and is trading at 38,856. Nifty PSU Bank is the outperforming sector which jumped over 6 percent led by Canara Bank, State Bank of India, Punjab National Bank, Indian Bank, IDBI Bank, Bank of India and Bank of Baroda. From the midcap space, the top gainers are Adani Enterprises which zoomed 18 percent followed by Adani Power whic...

Experts feel that anything above 270 for BJP on May 23rd will be positive for markets. Although some of the good news is already discounted by the market, hence, profit booking is likely Exit polls suggest continuity of a stable government at the Centre—a positive sign for long-term investors. Any dips ahead should be used as a buying opportunity. According to an exit poll conducted by Network 18-IPSOS, BJP-led NDA is likely to gather over 336 seats. Republic-CVoter sees BJP hitting 287 while Congress gaining about 128 seats. Experts feel that anything above 270 for BJP on May 23 will be positive for markets. Although some of the good news is already discounted by the market; hence, profit booking is likely, once the initial euphoria wanes. “In the past five elections, barring the short-term correction immediately after the result outcome, the inherent trend of the market has remained intact. “Therefore, investors should not rejig their portfolio post ele...

10 में से 9 एग्जिट पोल में एनडीए को स्पष्ट बहुमत का अनुमान, स्थिर सरकार की उम्मीद से बाजार में खरीदारी चुनाव के नतीजों को देखते हुए बाजार में तेज उतार-चढ़ाव के आसार, शेयरों की कीमतों मे हेर-फेर रोकने के लिए सेबी ने निगरानी बढ़ाई शेयर बाजार ने कारोबारी हफ्ते की जोरदार शुरुआत की है। सेंसेक्स 770 अंक ऊपर 38,701 पर खुला। कारोबार के दौरान 984 अंक चढ़कर 38,915.06 तक पहुंच गया। निफ्टी की शुरूआत 245 प्वाइंट ऊपर 11,652 पर हुई। कारोबार के दौरान 293 अंक के उछाल के साथ 11,699.95 तक पहुंच गया। अडाणी ग्रुप के शेयरों में रैली, अडाणी पावर 15% चढ़ा ग्रुप के शेयरों में 7 से 15% की तेजी आई है। अडानी पावर में सबसे ज्यादा 15% बढ़त दर्ज की गई। अडानी एंटरप्राइजेज में 12% और अडाणी ट्रांसमिशन में 7% उछाल आया। एसबीआई के शेयर में 7% तेजी कारोबार के दौरान सेंसेक्स के 30 में से 26 और निफ्टी के 50 में से 44 शेयरों में बढ़त दर्ज की गई। एसबीआई का शेयर 7% चढ़ गया। आईसीआईसीआई बैंक में 6% तेजी आई। लार्सन एंड टूब्रो और रिलायंस इंडस्ट्रीज में 4-4 फीसदी उछाल आया। मारुति के शेयर में 3.5% ...