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Nifty, Sensex under pressure – Tuesday closing report


Nifty, Sensex under pressure – Tuesday closing report
Moneylife Digital Team
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We had mentioned in the Monday’s closing report that Nifty, Sensex were trading in a range. On Tuesday, the indices opened higher but suffered a minor correction. On the NSE, there were 808 advances, 1,078 declines and 361 unchanged.
 
The trends of the major indices in the course of Tuesday’s trading are given in the table below:
 
 
SBI Life Insurance posted a net profit of Rs 532.38 crore for the March 2021 quarter, growing only slightly from Rs 530.67 crore in the corresponding quarter of the previous year.
 
The Reserve Bank of India imposed a penalty of Rs 3 crore on ICICI Bank for rule violations. ....

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Aleor Dermaceuticals receives USFDA tentative approval for Metronidazole Gel


Alembic Pharmaceuticals (Alembic) today announced that its joint venture Aleor Dermaceuticals (Aleor) has received tentative approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Metronidazole Gel USP, 1 %.
The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Metrogel Gel, 1 %, of Galderma Laboratories LP (Galderma).
Metronidazole Gel USP, 1 % is indicated for Indicated for the topical treatment of inflammatory lesions of rosacea.
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