Sun Pharmaceutical Industries Limited (Sun Pharma) and Sun Pharma Advanced Research Company Limited (SPARC) informed the markets of a worldwide licensing agreement on the development and commercialization of SCD-044 today.

The ban was neither anticipated by the company nor its industry peers as these chemicals had a large share in both, the domestic and international markets.

In continuance of its rally for the second consecutive session, Sensex gained by 1.88 per cent or 595.37 points to close at 32,200.59 level thus, reclaiming its 32,000-mark while Nifty climbed up by 175.15 points which is 1.88 per cent higher than its previous close, to reach 9,490.10 level, on Thursday.

In compliance with SEBI's latest directive, the company disclosed the COVID-19 impact on its business in terms of several parameters including financial stability, operations, capex etc. Its plants were closed from March 22 to April 27, 2020.

On Wednesday, non-banking finance company (NBFC), Indostar Capital Finance made an announcement of the primary equity funds of Rs 1,225 crore it raised from Brookfield Business Partners L.P. and its institutional partners

Automotive steel wheels designer and manufacturer, Steel Strips Wheels Limited (SSWL) secured export orders for over 25,000 wheels for EU caravan trailer & US mobile home market. The order will be executed at its Chennai plant within July.

The market opened in the green on May 28, 2020. The previous trading session witnessed the Sensex going up  by 995.92 points to end at 31,605.22 and the Nifty was up 285.90 points to close at 9,314.95.

The market opened in the green on May 28, 2020. The previous trading session witnessed the Sensex going up  by 995.92 points to end at 31,605.22 and the Nifty was up 285.90 points to close at 9,314.95.

Automobile manufacturer, Maruti Suzuki has informed the bourses of its tie up with HDFC Bank Limited aimed at offering a range of adjustable finance schemes for car purchasers.

The market opened in the green on May 28, 2020. The previous trading session witnessed the Sensex going up  by 995.92 points to end at 31,605.22 and the Nifty was up 285.90 points to close at 9,314.95.overall volumes in futures & options currently stand at 3,65 crore contracts with a turnover of Rs. 17,27,278.37 crore.