Overnight Digest: Stocks to keep an eye on October 28

After a tumultuous session on Thursday, the domestic equities barometers concluded the day with respectable gains.

After a tumultuous session on Thursday, the domestic equities barometers concluded the day with respectable gains. The S&P BSE Sensex increased 212.88 points or 0.36 per cent, to 59,756.84. The Nifty 50 index amplified by 102.15 points or 0.58 per cent, to 17,758.50 level. The market breadth was bullish as, 1,835 shares on the BSE increased while 1,584 shares decreased. 130 shares were unchanged overall.  

Keep a watch on these stocks for Friday's trading session – 

Alembic Pharmaceuticals: The US Food & Drug Administration (USFDA) has given final approval to Alembic Pharmaceuticals Limited's (Alembic) Abbreviated New Drug Application (ANDA) for Paclitaxel Injection USP, 30 mg/5 mL (6 mg/mL), 100 mg/16.7 mL (6 mg/mL), and 300 mg/50 mL (6 mg/mL) Multiple-Dose Vials, the company said today. The shares of Alembic Pharmaceuticals closed at Rs 548.70 per share gaining by small 0.10 per cent.  

JSW Steel: JSW Steel USA, a division of JSW Steel Limited (the flagship company of the US$ 22 billion JSW Group), has secured long-term funding for its Baytown, Texas, Plate Mill modernization project from two Italian banking organisations, Intesa Sanpaolo and Banco BPM. The JSW Steel shares jumped by more than 5 per cent and closed at Rs 682 per share.  

Veranda Learning Solutions: The company is an education technology company, that is publicly traded. It has a Memorandum of Agreement (MoA) in place with the Tamil Nadu Skill Development Corporation (TNSDC) to support the execution of the Naan Mudhalvan initiative, which aims to offer skill development and career counselling to students in government colleges.  

lnduslnd Bank: As the top producer of electric vehicles in India, Kinetic Green Energy and Power Solutions Limited has teamed up with lnduslnd Bank to make financing for their selection of electric two-wheelers simple and inexpensive. By giving customers, at Kinetic Green dealership all over India access to digitally enabled loan from Indusland Bank, Kinetic Green hopes to expand into the most remote areas of the nation.