BusinessWhy a nine-day rally in Wockhardt is in jeopardy
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Why a nine-day rally in Wockhardt is in jeopardy
The consumer price index (CPI) series was launched in January this year to more accurately capture inflation at the retail level – or the actual prices that consumers pay.
Shares in Wockhardt slipped into the red after a positive start on the BSE, jeopardizing a nine-day rally. The drug maker has seen steady gains in its share prices over the last month, rising 37 per cent against 3.5 per cent gains on the broader Sensex benchmark.The stock saw selling pressure Tuesday on news that Dr Reddy's has received the U.S. Food and Drug Administration approval for 100/200 mg generic Toprol XL drug used in the t...