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Monday, November 17, 2014

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The 30-share Sensex was up 16 points at 28,194 and the 50-share Nifty was down 4 points at 8,426.

SBI was up 1%. The bank reported robust Q2 earnings. Further, reports suggest that in order to make gains from rising stock market it has expanded its list of equities for investments to go beyond the National Stock Exchange's Nifty 50 index scrips.

Sun Pharma was up 0.5%. The company has recalled about 68,000 bottles of its anti-depressant venlafaxine hydrochloride, from the US market. The company withdrew the drugs, manufactured in its Halol unit in India, after they failed to dissolve properly, said the US Food and Drug Administration.

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