Stock indices rose, with the Bombay Stock Exchange Sensitive Index, or the Sensex, posting its highest weekly gain in 17 years.The Sensex closed at 13,887.15 points, up 150.61 points or 1.1 per cent. The S&P CNX Nifty gained 27.60 points, or 0.66 per cent, to close at 4238.50. Over th…
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Take profits if 14500 Sensex hits: Brics Securities
Posted on: May 18th 2009 in Stock Views.
Anand Tandon, Director Equities, Brics Securities, said one should take some money off the table if 14,500 on the Sensex hits, “because no matter what, the fact to the matter is that at some stage there are other factors other than just liquidity and euphoria which come in play.” Q: …
Piramal Life Sciences to invest Rs 200 cr in R&D
Posted on: May 18th 2009 in Stock News.
Piramal Life Sciences, a research and development (R&D) arm of Piramal Group is investing Rs 200 crore in the next two year’s period for its ambitious programme to discover and develop new chemical entitities (NCEs) and Novel Drug Delivery Systems (NDDSs), a top company officia…
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