Zydus bags approval for Indomethacin capsules

Zydus bags

“The drug will be manufactured at the group’s formulations manufacturing facility at Moraiya, Ahmedabad,” the company said in a filing to the Bombay Stock Exchange.

INDIAN STOCK MARKET TIPS CALL ON 9644405056

Zydus Cadila has said that it has received the final approval from the US Food and Drug Administration (USFDA) to market Indomethacin Extended-Release Capsules USP, 75 mg. The drug is indicated for use in painful and inflammatory conditions such as osteoarthritis, rheumatoid arthritis, ankylosing spondylitis and acute painful shoulder (bursitis and/or tendinitis). Get free stock cash tips call on 9644405056 -Register NOW!

“The drug will be manufactured at the group’s formulations manufacturing facility at Moraiya, Ahmedabad,” the company said in a filing to the Bombay Stock Exchange. The group now has more than 155 approvals and has so far filed over 300 ANDAs since the commencement of the filing process in FY 2003-04. Zydus Cadila is a fully integrated, global healthcare provider, with strengths all along the pharmaceutical value chain.

With a core competence in the field of healthcare, Zydus Cadila provides total healthcare solutions ranging from formulations, active pharmaceutical ingredients, and animal healthcare products to wellness products. Meanwhile, shares of the company were trading at Rs 459.15 apiece, down 3.19 percent from the previous close at 14:17 hours on BSE.

Visit us at www.ripplesadvisory.com

Niti Aayog deputy chief says no harm in busting fiscal deficit target

free stock tips

BIG OFFERS FOR STOCK TRADERS GET FREE TRIALS WITH FULL TECHNICAL SUPPORT AND MORE CLICK HERE TO REACH US NOW HURRY UP >>  http://www.ripplesadvisory.com/free-trial.php


India’s economy will do well with extra fiscal stimulus and there will be no harm if New Delhi busts its fiscal deficit target to create space for higher capital spending, a top government policy adviser said on Wednesday.

The comments from Rajiv Kumar, deputy head of policy think-tank Niti Aayog, comes at a time when Prime Minister Narendra Modi’s administration is deliberating on measures to revive an economy, which recorded its slowest growth in three years in June quarter.

Government officials last week told they were contemplating spending up to 500 billion rupees ($7.61 billion)more to halt the slowdown, which could widen the federal fiscal deficit for the financial year ending next March to 3.7 percent of GDP from a budgeted target of 3.2 percent.

 

High taxes, spectrum cost, IUC cut impacting industry

intraday tips

All of this need to change to realize dream and vision of Digital India,” Bharti Airtel MD and CEO for India and South Asia, Gopal Vittal said at the India Mobile Congress. 

 

Seeking immediate relief for the stressed telecom sector, older operators — Airtel and Idea Cellular — slammed high levies, increase in spectrum cost and regulatory norms. “Taxation on the industry is very high. It is in the range of 29-32 percent. Spectrum cost is one of the highest and tariff is one of the lowest.

All of this need to change to realize dream and vision of Digital India,” Bharti Airtel MD and CEO for India and South Asia, Gopal Vittal said at the India Mobile Congress. Investment by Bharti Airtel in the last 2 years has been more than that of the past 20 years put together. Vittal observed that through mergers and acquisitions are in place, the pace at which these are executed by the government is “very low”. Get Indian stock market free advises and intraday calls reach us on 9644405056 

He acknowledged that the government is involved in easing norms for doing business, but maintained that the industry is facing problems on various fronts. Idea Cellular MD and CEO Himanshu Kapania said recent market developments have drastically altered industry dynamics, resulting in the sector passing through a phase of severe “financial and mental stress”.

Terming the regulatory and financial issues being faced by the sector as the “elephant in the room that no one is talking about”, Kapania flagged the recent cut in interconnect usage charge (IUC), firm spectrum prices and high levies like license fee and GST as big constraints.

Ripples Advisory Private Limited, Indore (M.P)

www.ripplesadvisory.com

Wall Street ends flat after Yellen; tech shares bounce

Indian stock market

Yellen said the Fed needs to continue gradual rate hikes and it would be imprudent to leave rates on hold until inflation reached the Fed’s 2-percent target.

REGISTER NOW- GET FREE STOCK TIPS DAILY

The Dow Jones Industrial Average fell 10.05 points, or 0.05 percent, to 22,286.04, the S&P 500 gained 0.23 points, or 0.01 percent, to 2,496.89 and the Nasdaq Composite added 9.57 points, or 0.15 percent, to 6,380.16.

The S&P 500 ended flat on Tuesday and the Nasdaq posted modest gains as technology shares bounced from sharp losses in the prior session and comments from Fed Chair Janet Yellen boosted expectations of a December rate hike. Get Indian stock market tips for free and daily intraday call with good telephonic support call us on 9644405056.

Yellen said the Fed needs to continue gradual rate hikes and it would be imprudent to leave rates on hold until inflation reached the Fed’s 2-percent target.

Earlier in the session, Atlanta Fed Chief Raphael Bostic, a non-voting member this year, said he would want “clear evidence” that prices were firming before committing to another rate increase, but did not rule out another hike in 2017.

Chances of a rate hike in December rose to 78 percent from about 40 percent a month ago.

“Investors should be looking out for a December hike given we don‘t know what happens to the Fed chair position next year. (Yellen), probably wants to be able to, knowing anyone new in that role might not feel comfortable tightening the first month,” said Jack Ablin, chief investment officer at BMO Private Bank in Chicago.

Economic data showed US consumer confidence fell in September while home sales dropped to an eight-month low in August due to the impact of Hurricanes Harvey and Irma.

The Dow Jones Industrial Average fell 10.05 points, or 0.05 percent, to 22,286.04, the S&P 500 gained 0.23 points, or 0.01 percent, to 2,496.89 and the Nasdaq Composite added 9.57 points, or 0.15 percent, to 6,380.16.

Technology , up 0.4 percent, was the best performing major sector, recovering somewhat from losses in the prior session. Tech shares suffered their worst one-day drop in five weeks on Monday as concerns over tensions with North Korea prompted investors to book profits in what has been the best performing sector this year.

Apple rose 1.72 percent after four straight sessions of losses to help prop up the three major indexes, after Raymond James boosted its price target on the iPhone maker to $180 from $170.

“It is a little bit of a relief knowing perhaps investors still believe in buying the dips even after the Fed’s announcement of reduced balance sheet purchases,” said Ablin.

President Donald Trump warned North Korea any US military option would be “devastating” for Pyongyang, but said the use of force was not Washington’s first option to deal with the North’s ballistic and nuclear weapons programme.

Darden Restaurants slumped 6.53 percent after the Olive Garden parent said it expected the negative effects on sales and earnings from Hurricane Irma to be about double that from Hurricane Harvey.

Red Hat rose climbed 4.09 percent after the Linux distributor’s quarterly profit came in above estimates and the company raised its full-year forecast.

Advancing issues outnumbered declining ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favoured advancers.

About 5.81 billion shares changed hands in US exchanges, compared with the 5.96 billion daily average over the last 20 sessions.

Visit us more at www.ripplesadvisory.com

Indian Rupee opens higher at 65.36 per Dollar

Intraday trading tips

Expected spot USD-INR pair to trade in a range of 65.20-65.50 for the day, Ripples Advisory Private Limited, Indore

 

BEST OFFERS FOR FINANCIAL DEALERS FREE INTRADAY TRADING TIPS AND CALLS- HURRY UP REGISTER NOW! ONE MISSED CALL ON 9644405056


The Indian Rupee opened higher by 9 paise at 65.36 per Dollar on Wednesday versus previous close 65.45.

The Rupee may find support at 65.50. Expected the spot USD-INR pair to trade in a range of 65.20-65.50 for the day.

The US Dollar was underpinned by remarks from the Federal Reserve chief on the need to continue with rate hikes, while the euro licked the wounds from political uncertainty following the German election at weekend.

Hawkish Fed and rising oil on the global front and uncertainty on the shape of fiscal stimulus, bank recapitalization bonds & deterioration of key economic parameters have muddied the sentiment in the bond market.

Expected the 10-year benchmark bond yield to trade in the range of 6.60-6.70 percent in the near term.

Visit us more at www.ripplesadvisory.com

Today’s Indian Stock Market: Sensex, Nifty open higher amid volatility; Divis Labs, Sun Pharma dip

Sun Pharma lost 2 percent post-AGM. Divis Labs fell 7 percent on USFDA observations for unit 2. Dr. Reddy’s Labs was also under pressure.

Indian stock market

Nifty rollovers were at 31.13 percent on Tuesday, lower than the 3-month average of 37.67 percent, ICICIdirect said. 

The market-wide rollover was at 37.65 percent versus a 3-month average of 35.5 percent. Get Indian stock market free recommendations just on one phone call on 9644405056- SUBSCRIBE NOW AND GRAB YOUR LATEST OFFERS FOR YOU!

The highest rollover was observed in Dewan Housing Finance (62 percent), Dabur (59 percent), Glenmark Pharma (55 percent), Biocon (55 percent) and Muthoot Finance (49 percent).

With just two days to the settlement, rollover activity was significantly low in stocks like OFSS, Divis Lab, Colgate, NIIT Tech and Repco Home Finance.

Rollover in the Nifty picked up momentum due to fresh addition in the next series while roll spread declined further. Nifty September series witnessed the closure of 1.9 million shares while the October series added more than 3 million shares, which prompted an increase in a Nifty rollover. The current open interest in Nifty is close to 17 million shares, which is marginally high compared to the last couple of series, ICICIdirect said.

Visit us more at www.ripplesadvisory.com

NIFTY OUTLOOK & OPEN INTEREST IN INDEX OPTION- Get Free Equity Tips on Mobile

Yesterday again FII and Pro have created a sell position 12599 contracts in Index Options. In last 10 days have&PRO has created a short position of 360996 contracts and Nifty has given a correction of 207 points.

 

free equity tips on mobile

 

YOU CAN ALSO TRY OUR INTRADAY CALLS AND FREE EQUITY TIPS ON MOBILE CALL ON 9644405056

27th September- Opening Bell >> Rupee Gives Breakout, ECB’s Monetary Policy Affects Emerging Market

freeequitytipsonmobile

 

INDIAN STOCK MARKET | RIPPLES ADVISORY PRIVATE LIMITED INDORE


Rupee Has Given Breakout Of Five-Month High Of 65.20, All Emerging Market Currencies Are Being Affected By ECB Monetary Policy. Intraday trading tips with daily calls through message and free equity tips on mobile call on 9644405056

Indian Rupee has given a breakout of its 5 month high of 65.20 and yesterday closed at 65.45 next target of the currency is at 66.90. Depreciating Rupee may create a panic in the Equity market too. Dynamic Research has also identified sell-off in Emerging Market Indices and Emerging Market Currencies. The Emerging market currency showed weakness after, ECB President Mario Draghi signaled QE tapering in upcoming monetary policy due on 26th Oct 2017.

Visit more at www.ripplesadvisory.com

 

ADB lowers India’s 2017 growth forecast to 7%

ADB lowers India’s

IF YOU ARE A FINANCIAL TRADER SO TAKE YOUR GOLDEN CHANCE TO GET MAXIMUM PROFIT BY INVESTING LESS IN INDIAN STOCK MARKET CLICK HERE AND SUBSCRIBE US FREE- HURRY UP OFFERS ARE LIMITED TO GRAB OUR FREE TRIALS >> http://www.ripplesadvisory.com/free-trial.php

 

ADB lowers India’s growth from its July estimate of 7.4%, reflecting ‘short-term disruptions’ such as last year’s demonetization and this year’s implementation demonetization.


Asian Development Bank (ADB) has lowered its 2017 growth forecast for India to 7% from its July estimate of 7.4%, reflecting “short-term disruptions” such as last year’s demonetization and this year’s implementation of the goods and services tax (GST) that the bank expects to “dissipate”.

In a Tuesday update to its Asian Development Outlook 2017, the bank increased its growth forecast for Asia from 5.7% to 5.9% on the back of China’s better-than-expected performance and a revival in global trade and strong growth in the developed world.

It expects the good news to last into 2018, for which it increased the region’s growth forecast to 5.8% from 5.7%. The bank upped its forecast for China to 6.7% in 2017, from the previously estimated 6.5%. It also increased next year’s forecast for China to 6.4% from 6.2%.

Infosys unveils private cloud solution with Micro Focus SUSE

free stock tips

Infosys, a global leader in consulting, technology and next-generation services have said that it has launched a private cloud solution in collaboration with Micro Focus SUSE, a pioneer in open source software, providing software-defined data center infrastructure and application delivery solutions.

Confirm your financial future with best service advantages of Ripples Advisory Private Limited and here we provide best recommendations for you SUBSCRIBE NOW >> http://www.ripplesadvisory.com/free-trial.php

“This solution will help businesses significantly accelerate their digital transformation journey by being hardware agnostic, enabling faster time to market through rapid adoption, providing faster delivery of services, and greater infrastructure agility and control,” the company said in a filing to the Bombay Stock Exchange. Infosys and Micro Focus SUSE have jointly invested in a center of excellence to develop validated reference architectures, accelerators and factory-based migration solutions which will help customers in rapid adoption of private cloud built on SUSE OpenStack.

This partnership aims at strengthening Infosys’ association with Micro Focus SUSE and positions Infosys as a strategic Global Platinum partner, backed by over 500 architects and consultants having data center transformation and migration capabilities. Meanwhile, shares of the company were trading at Rs 896.80 apiece, up 0.02 percent from the previous close at 10:06 hours on BSE.