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Market Live: Sensex gives up gains, Nifty around 11,000; Nifty pharma down 2%

2:55 pm WiFi Budget: Finance Minister Arun Jaitley has allocated Rs 10,000 crores in 2018-19 for phase two of BharatNet, the government’s ambitious scheme to connect the country’s villages with high-speed optical fibre network. Not part of phase I, the government now also aims to install 500,000 WiFi hotspots to provide broadband access to 50 million rural citizens. India Union Budget ... Read More »

Market Live: Sensex extends losses, Nifty hovers around 9600-mark

Shares of Alembic Pharmaceuticals surged 4.2 percent intraday as it has received USFDA nod for Candesartan Cilexetil Tablets. The company has received approval from the United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Candesartan Cilexetil Tablets 32mg. The approved equivalent to the reference listed drug product Atacand tablets, 32 mg of AstraZeneca Pharmaceuticals ... Read More »