Force Motors, the maker of light and heavy commercial vehicles, has entered into an agreement to acquire manufacturing plant of the German automaker Volkswagen Group's MAN Trucks.

Pharma major Lupin bagged tentative USFDA approval for its generic Nudovra tablets. The company got USFDA approval to market this generic version of Natazia tablet belonging to Bayer Healthcare Pharmaceuticals. The stock of Lupin Limited is off its 52-week low and has witnessed trend reversal, recently.

The Indian key benchmark indices reclaimed all-time high level for the first time after August 9 where Nifty Metal index led the move gaining 2.5 per cent on Monday. Recently, the index broke out of the downward sloping trendline yet again on closing basis supported by volumes and 14-period RSI positive crossover cuing momentum.

Maruti Suzuki, auto major and the largest carmaker by market capitalisation has launched a premium sedan Ciaz model. The model is expected to provide a fuel efficiency of 21.56 km/litre and 28.09 km/litre in manual petrol variants and diesel, respectively. he price of the car starts at Rs. 8.19 lakh.

Sensex reclaimed 38,000 mark and hit 38,022, but could not sustain and closed at 37,948, registering 0.75 per cent gains from its previous close. With Sensex trying a bounce back, more than 20 per cent stocks listed on the index hit 52-week high on the last trading day of the week.

Trigyn Technologies’ subsidiary has won a contract to provide enterprise staffing services for Minnesota, a state in the mid-west of US. The stock of Trigyn surged more than 4 per cent at 14:33 hours, but continued with its 4-day consolidation at lower levels.

IL&FS Transportation Networks has signed a definitive agreement with Ramky Infrastructure for sale of entire stake in NAM Expressway and acquire 50 per cent stake in Jorabat Shillong Expressway, on Thursday. The stock surged more than 8 per cent during Friday’s trade, bouncing back from its 52-week low.

PVR announced the opening of a multiplex at SKLS Galaxy Mall, Chennai on Friday. The stock of PVR is trading up with marginal gains of 0.9 per cent at 12:00 hours. The stock of PVR has been trading in a consolidation phase for the last four trading sessions after six consecutive upbeats prior to that.

Nifty PSU Index turned positive on Tuesday giving up its losing streak after two consecutive days of fall. Index registered a marginal gain of 0.34 per cent. The fall could be either a pullback in the form of profit booking or a reversal on the downside.

Balkrishna Industries, the auto tyres and rubber products maker, surged more than 8 per cent in Tuesday’s trade with the F&O segment grabbing the top most position in the gainers’ list. The rally was on the back of robust Q1FY19 earnings performance by the company.