Market Live: Sensex extends losses, Nifty hovers around 9600-mark

  Shares of Alembic Pharmaceuticals surged 4.2 percent intraday as it has received USFDA nod for Candesartan Cilexetil Tablets. The company has received approval from the United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Candesartan Cilexetil Tablets 32mg. The approved equivalent to the