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Equity Research Report: Religare Morning Digest

As Nifty is trading close to the lower band of the trading range 8085-8250, possibility of an intraday bounce cannot be ruled out.
08 Jan 2015 | 07:00 AM

Corporate News: 


Praj Industries has bagged an order from Uganda's Kakira Sugar to build an ethanol plant with a capacity of 60,000 litres per day.

Aurobindo Pharma has received US FDA approval for Valsartan tablets, used for treatment of hypertension. The product had a market size of approximately $2 billion for the 12 months ended October 2014.

Brent oil sank under USD 50 per barrel for the first time since 2009, hit by OPEC's production stance, oversupply, weak demand and the strong dollar.

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