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Unichem Labs gets USFDA approval for Guanfacine tablets

Unichem Laboratories announced that it has received ANDA approval for its Guanfacine Tablets from the USFDA to market a generic version of TENEX (Guanfacine) tablets.
Unichem Laboratories announced that it has received ANDA approval for its Guanfacine Tablets, USP 1 mg and 2 mg from the United States Food and Drug Administration (USFDA) to market a generic version of TENEX (Guanfacine) Tablets 1mg and 2 mg of Promius Pharma LLC.
Guanfacine Tablets are indicated in the management of hypertension. The product will be commercialized from Unichem s Ghaziabad Plant.
The announcement was made after market hours yesterday, 4 March 2021. Shares of Unichem Laboratories rose 2.66% to settle at Rs 343.50 yesterday. ....

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Nifty to open below 15,000 amidst weak global cues - The Hindu BusinessLine

Nifty to open below 15,000 amidst weak global cues
March 05, 2021
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Most Asia-Pacific markets slumped in excess of 1% in early trade on Friday while US stocks declined overnight
The Indian markets are likely to open sharply lower on Friday, due to weak global cues and on profit booking. Cues from SGX Nifty suggest that Nifty is most likely to open below 15,000-mark. The SGX Nifty is hovering around 14,880, a decline of about 220 points, against the Nifty futures that on Thursday closed at 15,106.
Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities, said: “We witnessed a sharp decline (on Thursday) in our market mainly due to the sudden jump in the long-term bond yields of the US. The steady growth in the economy leads to a steady rise in the bond yields and therefore, the market should start offering discounts in the medium to long term.” ....

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Nifty ends below 15,000-mark as rising US bond yields spook investors

Domestic equity benchmarks declined for second trading session on Friday. Resurgent worries about rising US bond yields hit global stocks. Firm crude oil prices also spooked investors. Higher crude oil prices could increase fiscal deficit, current account deficit and stoke fuel price inflation. The Nifty closed below the crucial 15,000 mark.
The S&P BSE Sensex, tumbled 440.76 points or 0.87% at 50,405.32. The Nifty 50 index slumped 142.65 points or 0.95% at 14,938.60. Both these indices have fallen a little over 2% each in two consecutive sessions.
ICICI Bank (down 1.80%), HDFC (down 1.55%), HDFC Bank (down 1.52%) and Infosys (down 1.07%) were major drags today.
Selling was broad based. The S&P BSE Mid-Cap index fell 1.89% and the S&P BSE Small-Cap index tumbled 1.50%. Both these indices saw profit taking after rallying over 5% in the past four days. ....

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Wipro, Heranba Industries, Unichem Laboratories in focus

Read more about Wipro, Heranba Industries, Unichem Laboratories in focus on Business Standard. Wipro announced that it has signed an agreement to acquire Capco, a global management and technology consultancy providing digital, consulting and technology services to financial institutions in the Americas, Europe and the Asia Pacific. The ....

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Sensex drops 440 pts amid weak global cues, firm crude oil prices

Read more about Sensex drops 440 pts amid weak global cues, firm crude oil prices on Business Standard. As per the provisional closing data, the S&P BSE Sensex, tumbled 440.76 points or 0.87% at 50,405.20. The Nifty 50 index slumped 142.65 points or 0.95% at 14,938.60. ....

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