Sensex Extends Losses, Nifty Breaks 7950; Sun Pharma Rebounds - Dollar Advisory & Financial Services

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Friday 23 December 2016

Sensex Extends Losses, Nifty Breaks 7950; Sun Pharma Rebounds

Sun Pharma bounced back over a percent on short covering in the wake of falling about 11 percent in past seven sequential sessions on worries over its Halol plant. The organization has procured 1.3 crore arrangement B preffered load of US-based organization scPharmaceuticals Inc for USD 13 million. In the interim, Bank of America Merrill Lynch says the entire determination of Halol may now be deferred by another 6-9 months.

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