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Equity Research Report: Religare Morning Digest

We believe the downside is limited from the current levels in index and expect consolidation or technical rebound in the coming session prior to any further fall.
16 Dec 2014 | 07:00 AM

Corporate News: 


Wholesale price inflation hit the zero level in November, the lowest in about five-and-a-half years, on account of a decline in prices of food, fuel and manufactured items. The Wholesale Price Index (WPI)-based inflation was at 1.77 per cent in October and 7.52 per cent in November 2013.

 

Bharti Airtel announced an agreement under which IHS Holding will acquire Bharti's over 1,100 telecom towers across Zambia and Rwanda.


Ranbaxy Laboratories has received regulatory nod to launch its indigenously developed anti-malarial drug Synriam in 7 African nations.

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