DSIJ Mindshare

Cipla Limited today announced that it has received final approval for its Abbreviated New Drug Application (ANDA) for Valganciclovir tablets 450mg from the United States Food and Drug Administration (US FDA).

Lupin today announced the receipt of the Establishment Inspection report (EIR) post the completion of a pre-approval inspection for its phenytoin sodium extended release 100 mg capsules, carried out by the US FDA at its Nagpur facility in Maharashtra.

Following stocks are close to their 52-week low as at 1.13 p.m. on November 12, 2018.

The markets on November 12, 2018 opened positive. BSE Sensex is trading at 35,110.16, down by 48.39 points and the Nifty is trading at 10,579.40, down by 5.80 points. 

In the festival week, we have seen narrow momentum in Nifty and Bank Nifty. The narrow range always gives opportunities to buy near the support level and sell near resistance level. In the weekly chart, a 'hanging man' kind of pattern found in Bank Nifty suggested profit-booking near the resistance levels.