Judging by the early action in SGX Nifty, it appears that stocks at Dalal Street will roar out of the gate in today’s trading. At the time of writing, the SGX Nifty had surged over 2.5 per cent. The earnings on the tap for the day are BPCL, HPCL, Bharat Forge, Torrent Pharma and UBL.

The stock of Larsen & Toubro Infotech Ltd has given downward sloping trendline breakout on the weekly time frame, along with relatively higher volumes.

Hexaware Technologies Ltd was picked by our Bollinger Band squeeze scanner on the weekly time frame, which suggests that the stock is close to a consolidation breakout.

The stock had formed a Dragonfly Doji candle on the weekly scale. The Dragonfly Doji is typically interpreted as a bullish reversal candlestick pattern that mainly occurs at the bottom of downtrends.

The USFDA has conducted an inspection at Alkem Laboratories’ manufacturing facility situated at Baddi, Himachal Pradesh from May 13 to 17, 2019.

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Indian benchmarks today ended on a positive note before the outcome of exit polls of Lok Sabha elections. The final poll verdict will be out on May 23, 2019. On a weekly basis, the benchmarks clocked the best week in nearly two months.

Mumbai-based hotel and resorts operator, Indian Hotels Company Ltd, has entered into a strategic partnership with Government of Singapore Investment Corporation (GSIC), on Friday.

Shilpa Medicare informed in a press release that it has received approval from the US regulator for its ANDA, Docetaxel injection on Friday. The stock reacted positively and touched intra-day high of Rs 386 on the BSE.