The stock of Pidilite Industries Limited formed a bearish engulfing candlestick pattern on the weekly time frame. The bearish engulfing candlestick pattern is considered to be a bearish reversal pattern and usually, occurs at the top of an uptrend.

The stock of Bajaj Finserv Limited has recently given a breakdown of broadening formation, right-angled and ascending pattern. Thereafter, the stock has witnessed almost 2,295 points or 26 per cent downward move in seven trading sessions, which was beyond its broadening formation pattern target.

The industrial and infrastructural contracting company, Shashijit Infraprojects Ltd announced on Friday that it has received a Letter of Intent (LOI) from Asian Aerosol OAN Private Limited.

The risk management framework, which automatically got triggered with measures such as value at risk (VaR) margin with initial margin to cover 99 per cent risk of a transaction, extreme loss margin (ELM) which can cover the residual risk, circuit filters and index and stock levels etc. Such initiative from the regulator can be considered good for dampened sentiment of investors.

Bharti Airtel today announced that credit rating agency CRISIL has assigned ‘GVC Level 1' rating to the company. The rating indicates that the company's capability, with respect to corporate governance and value creation for all its stakeholders, is the highest.

The subsidiary of Pearl Global Industries Limited (PGIL) namely, Prudent Fashions Ltd has set up a factory at Dhaka (Bangladesh) for woven soft separates/knits/woven bottoms/jackets, blouse and its commercial production is likely to commence from the first quarter of financial year 2020-2021.

Indian rupee recovered against US dollar on Friday after touching a record low of 74.50 per dollar in the initial trade on worries over the fast-spreading Coronavirus outbreak across the globe.

On Friday, Man Industries (India) Limited, one of the largest manufacturer and exporter of large diameter carbon steel line pipes have announced 20 per cent interim dividend to its shareholders.

AstraZeneca Pharma India Limited announced that it has received import and marketing permission in form CT-20 from Drugs Controller General of India (DCGI) for Acalabrutinib 100 mg capsules (Calquence).

Wipro Limited, a leading global information technology, consulting and business process services company, on Thursday announced that it has entered into an agreement with SAP SE to jointly go to market and co-develop solutions for the retail and fashion industry.