Mid-sized infrastructure companies such as Ashoka Buildcon, Sadbhav Engineering and KEC International have somewhat twice their annual revenues of order book in hand.

TVS Motor, the flagship company of USD 8.5 billion TVS Group, reported a drop of 20 per cent in its quarterly sales.

The high of May 13 session (9,584.50) is likely to act as a strong barrier for the bulls. Meanwhile, on the downside, an immediate support is seen around 9,350-9,450 region. Stocks in news: Wipro, Cadila Healthcar, HCL Technologies, Pidilite Industries, NHPC.

On Thursday, for the second consecutive session markets extend its winning streak. Overall, the May derivative series ended with a loss of 369.80 points or 3.75 per cent. Said that, the tensions between the two largest economies of the world escalates and US President planning to hold a press conference on Friday and clearly indicating that he is not happy with China.

It has accordingly issued this direction to ensure that all the investors can receive adequate and updated information to help them assess their standing.

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