On the 3rd consecutive day, the Indian Stock Market has made positive leads. After giving an amazing trading session from the last 2 days, the Indian Stock Market gave a strong opening on the last trading day of this week. Currently, Sensex is live at 26556.41 with the hike of 189.73 points and Nifty is live at 8131.95 with the hike of 62.30 points. Almost all the Bse sectors are having green signs except FMCG. In Asian Market, only China's Index Shanghai Composite have received loss, while all other Asian Indices are trading with minor hikes.
RPG Life will expand their formulation business. Company's board has given approval to sell its Ankleshwar based biotech unit to Intas Pharma. After the news, RPG Life's stock has gained high movements and currently trading at 269.70 with the lead of 6.24%. The Umbrella Agreement between Ranbaxy and Daiichi has been failed due to the disinvestment of Daiichi. Looks like Sun Pharma is benefiting from this agreement failure. Sun Pharma's Stock took a sudden jump after this announcement and currently live at 812.50 with the hike of 4.23%.
Buy RPG Life above: 272.25 Targets: 276.25 - 280.42 - 284.62 - 288.85 Stoploss : 268.14
Buy Sun Pharma above: 819.39 Targets: 826.14 - 833.34 - 840.57 Stoploss : 812.25
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