7/11/2014 stocks news

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The US Food and Drug Administration has rescinded approvals given to Ranbaxy Laboratories for two drugs in 2008, the company informed the Bombay Stock Exchange on Thursday.

The tentative nod given to Ranbaxy to manufacture and sell esomeprazole magnesium delayed-release capsules (20 mg and 40 mg) for heartburn and for anti-viral valganciclovir hydrochloride tablets (450 mg), in February and June of 2008, respectively, have been withdrawn since the regulator felt its decisions to grant approval were in error.

“FDA has said that its original decisions granting tentative approvals were in error because of the compliance status of the facilities referenced in the ANDAs at the time the tentative approvals were granted,” Ranbaxy said.

Indian Prime Minister Narendra Modi is the highest ranking newcomer on 'The World's 72 Most Powerful People' list compiled by Forbes, while Alibaba CEO Jack Ma also made his first appearance.

The list takes into account the amount of money listees control, the number of people they impact, the size of their sphere of influence and how actively they wield their power.

Modi - who was elected Prime Minister in May with a landslide victory for his Bharatiya Janata Party, giving India its first parliamentary majority in 25 years - debuted at number 15.

As the new leader of Asia's third largest economy, Modi has promised decisive steps to unblock stalled investments across the country.

  

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What To Do Today..........

Our Opininon for Today's Market.......

1.Market Looks Volatile.....

1.Some Insider Say NIfTy go up to 6200

What To Do Today........

Nifty....Today Face Resistance at......8248...8295..8335

Nifty.....Today Support at ..8080...8032...7965

Nifty Range...6300--------8200

TRACK ME RESEARCH......

NEXT TGT FOR

Our Opinion for Today's Market.......

1.Stock Specific Movement Expected Today ......

2. Mid-caps Looks Good....

INTRADAY HOT STOCKS: 7/11/2014

buy tatacom tgt 440 sl 390

buy sks and tvs moter on every dip

buy heromoto sl 2810 tg 3200

buy ADAG sl 3% tgt 5++

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buy tatast sl 460 tgt 490/500/520

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(BSE TICKER-533519@ Rs.65/-)

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MARKSANS PHARMA

(Bse Ticker-524404@ Rs.18.80)

TARGET

Rs.21/- Rs.24/30/35/40/80 SL Rs.15/-

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