BSE-Sensex and NSE Nifty open flat Sensex trading around 22370 (+10pts) and Nifty trading around 6701 (+7.20pts)
Ranbaxy open weak, Sun Pharma trading above 3% on news of acquisition
Both Sun Pharmaceutical Industries and Ranbaxy are in lime lite on the new of the acquisition. Sun Pharma will acquire Ranbaxy. which is already in news of some quality issue in US, in an all-stock transaction with a total value of USD 4 billion.
Ranbaxy open weak, Sun Pharma trading above 3% on news of acquisition
Both Sun Pharmaceutical Industries and Ranbaxy are in lime lite on the new of the acquisition. Sun Pharma will acquire Ranbaxy. which is already in news of some quality issue in US, in an all-stock transaction with a total value of USD 4 billion.
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