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Equity Research Report: Religare Morning Digest

Though markets are in the corrective phase but stocks are still moving in both directions. So, stock selection and risk management should be the key concerns for traders.
11 Dec 2014 | 07:00 AM

Corporate News: 


Cipla said its wholly owned subsidiary Meditab Holdings Ltd, Mauritius, has entered into a definitive agreement to sell its entire 48.22 per cent equity interest in Jiangsu Cdymax Pharmaceuticals Co. Ltd, China, to an affiliate of one of the other shareholders of Jiangsu for $18.5 million.

Shares of companies that run insurance business rose on reports a parliamentary committee has recommended a composite cap of 49% on foreign investment in insurance in a report tabled in the Rajya Sabha.

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