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Friday 2 September 2011

Sun Pharma gets US FDA nod to sell cetirizine tablets as OTC

Sun Pharma gets US FDA nod to sell cetirizine tablets as OTC

Market reaches 5000 again,what to do know?

Market closed above 5000 is this indicates uptrend? Ans. Is No this doesn't reflects that market fundamentals are strong as this pull back is only due Federal reserve actions to save U.S. from going into recession, but Recession is very much due in U.S. so this rally could not last long it may go down to 4400 levels very soon, So keep buying good stocks at all levels for long term prospect. Indian Market will blounce back everytime with global cues but this doesn't shows amrket fundamentals

Reliance to buy 74% Stake in Nippon

Reliance Capital annouced partnership with Japanese insurance major Nippon Life . Reliance Capital is gazing this tie-up from a distribution and asset management perspective.Post the deal Rel Cap can hold 76% stake within the company and 26% are going to be controlled by Nippon underneath strategic agreements, Ghosh confirmed.

TVS Motors sales no.s

TVS Motors August total sales were up by 16% at 3.83 lakh units, YoY. Its exports were up by 40% at 1.38 lakh units, YoY. Its motorcycle sales were up by 17% at 3.38 lakh units, YoY,

Bajaj Auto Sales no.s

Bajaj Auto August total sales were up by 16% at 3.83 lakh units, YoY. Its exports were up by 40% at 1.38 lakh units, YoY. Its motorcycle sales were up by 17% at 3.38 lakh units, YoY,

CBI arrested Everonn Education's MD

CBI arrested Everonn Education's MD P Kishore and addtl commissioner of Income Tax in Chennai, Andasu Ravindar on Mon in bribery case