Stock Trading News -
Nifty 7700 on weak European cues
Shares of Alkem Laboratories nowadays fell by seven % because
the Great Britain health regulator created eight observations when inspecting
its factory at Taloja, geographic area. The Medicines associate degreed care
product Regulator Agency (UKMHRA) had conducted an examination at the
corporate's facility at Taloja earlier last month with relation to selling
authorisation applications created by the company to the EU countries.
"The company has received examination report from the UKMHRA on March
thirty wherever eight observations are created by the regulator.
The corporate
is within the method of building responses to handle observations created by
the UKMHRA," Alkem Laboratories had aforesaid in an exceedingly regulative
filing yesterday. Market Check The market extended losses in afternoon trade on
weak European cues. The Sensex fell a hundred and seventy.56 points to 25171.30
and therefore the peachy declined fifty five.25 points to 7683.15, dragged by
technology, personal banks, oil and drug company stocks. The market breadth
continued to be positive as regarding
1417 shares advanced against 828 declining shares on bovine spongiform
encephalitis.
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