Cipla Limited today announced that it has received final approval for its Abbreviated New Drug Application (ANDA) for Valganciclovir tablets 450mg from the United States Food and Drug Administration (US FDA).

Lupin today announced the receipt of the Establishment Inspection report (EIR) post the completion of a pre-approval inspection for its phenytoin sodium extended release 100 mg capsules, carried out by the US FDA at its Nagpur facility in Maharashtra.

Following stocks are close to their 52-week low as at 1.13 p.m. on November 12, 2018.

The markets on November 12, 2018 opened positive. BSE Sensex is trading at 35,110.16, down by 48.39 points and the Nifty is trading at 10,579.40, down by 5.80 points. 

In the festival week, we have seen narrow momentum in Nifty and Bank Nifty. The narrow range always gives opportunities to buy near the support level and sell near resistance level. In the weekly chart, a 'hanging man' kind of pattern found in Bank Nifty suggested profit-booking near the resistance levels.

PNB Housing Finance Ltd. has secured refinance sanction of Rs. 3,500 crore from the National Housing Bank (NHB).

Piramal Group entered into an agreement with Sadbhav Infrastructure Project Ltd. (SIPL) to provide debt financing of Rs. 600 crore for the completion of road projects. The funds will be directed towards extension of facilities as growth capital and disbursement is closely tied to progress of the underlying road projects.

Overall volumes in futures & options currently stand at 71.76 lakh contracts with a turnover of Rs. 4,15,478.29 crore.

Overall volumes in futures & options currently stand at 71.76 lakh contracts with a turnover of Rs. 4,15,478.29 crore.

Going ahead, the identical high of the previous two sessions placed in the region of 10,616-10,620 is a crucial level to watch out. A sustainable move above this zone would take the index towards the levels of 10,700-10,710 which is a crucial resistance level. Stocks in news: Wipro, Bharti Airtel, Amara Raja Batteries, NHPC, Tata Motors and Premier Explosives.