On Friday, Sensex rose 0.64 percent to close at 39,301.22 while the Nifty rose 0.65 percent to end at 11,661.75. For the week, Sensex and Nifty closed higher by 2.9 per cent and 3 per cent respectively. 

The order won on Friday is its fourth win during the current month. Earlier, this week it secured two orders worth Rs. 50.48 crore and Rs. 60.58 crore in Odisha state. Last week it secured order worth Rs. 220.66 crore in Uttar Pradesh.

Amber Enterprises India Limited on Friday informed about acquisition of Equity Share Capital of EVER Electronics Private Limited.

Indoco Remedies a fully integrated, research-oriented pharma Company informed the bourses today that its Clinical Research Organisation (CRO), AnaCipher, located at Hyderabad has cleared the USFDA (United States Food and Drug Administration) inspection with zero 483s.

The strong liquidity position disclosure from Indostar Capital gives it the much needed boost. As of end of FY19, the networth of the company stood at Rs. 3,006 crore. The gearing has increased to 3.6x in FY19 from 2.9x of earlier fiscal.

Larsen & Toubro Infotech (LTI) on Thursday announced that it has signed a definitive agreement for acquisition of 100 per cent stake in PowerupCloud Technologies. The company will settle this transaction for cash consideration.

The stock price took a lot of beating after the cancelation of the buy back proposal. Stock price traded at Rs. 633 when it first informed about the buyback. It corrected 15 per cent to Rs. 540 in August 2019.

We have listed down top five companies in which promoters have increased their stake and top five companies in which promoters have decreased their stake in the quarter ended September 30, 2019.

After a high-five by the bulls on Thursday, there seems to be a clear fatigue has set in as the indications by SGX Nifty in early deals suggest that the market may open with a modest decline today since it is trading 26 points lower at 11,580 levels.

There are two major roadblocks for the index which are placed at 11,620 level which is a critical sloping trend line resistance followed by the prior pivot which is placed at 11,695 level. If these levels are cleared then the next target is placed at 11790. Stocks in news: Cipla, LTI, NOCIL, Indiabulls Housing Finance, SEAMEC.