Market Watch

Wednesday, 30 April 2014

Latest Stock Tips: Ranbaxy, Sun Pharma Stock Slips

Shares of Ranbaxy Laboratories is trading lower by 2% at Rs 474 on the NSE, while Sun Pharma stock was down 1% at Rs 631 after report said that Andhra Pradesh High Court asked stock exchanges as well as Securities and Exchange Board of India (Sebi) to maintain an interim status-quo on the merger or an arrangement or an amalgamation of Sun Pharma and Ranbaxy Laboratories.
Bharti Airtel rose on strong Q4 results. Kotak Mahindra Bank gained ahead its Q4 results today.

The market breadth, indicating the overall health of the market, was strong. On BSE, 740 shares gained and 257 shares fell. A total of 37 shares were unchanged. 
The stock market remains closed tomorrow, 1 May 2014, on account of May Day.

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