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India's Third Giant Leap

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Banking stocks in limelight
Wed, 15 Apr 01:30 pm

Indian share markets continued to trade weak in the post-noon trading session. Sectoral indices are trading mixed with banking and consumer durables being the major gainers. IT and auto stocks are the biggest losers today.

BSE-Sensex is down 8 points and NSE-Nifty is trading 7 points down. S&P BSE Midcap is trading 0.3% down and S&P BSE Smallcap index is trading down by 0.5%. The rupee is trading at 62.42 to the US dollar.

Indian pharma stocks are trading on a mixed note.Aurobindo Pharma has announced that the company has received final approval for Cefixime oral suspension from USFDA. The approved drug is bio-equivalent to Suprax. The annual market size of the drug is US $123 m as on Feb 2015.

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