The company will announce its results for the June quarter earnings post market hours on Friday, this has led to the shares spiking up by 2 per cent.

Larsen & Toubro Limited announced that its construction arm has won another set of orders worth Rs. 3,000 crore in Andhra Pradesh, on Friday. It is a prestigious EPC order received from the Andhra Pradesh Capital Region Development Authority (APCRDA).

Suzuki Corp is setting up lithium-ion battery manufacturing plant in Gujarat to improve the quality of batteries as well as mitigate adverse effects of rising lead prices.

Overall volumes in futures & options currently stand at 1.68 crore contracts with a turnover of Rs. 17,06,179.09 crore.

Overall volumes in futures & options currently stand at 1.68 crore contracts with a turnover of Rs. 17,06,179.09 crore.

Vakrangee Limited has collaborated with Reliance Nippon Life Asset Management Limited (formerly known Capital Asset Management Limited) to distribute mutual funds.

The company's board accepted the binding investment proposal at the highest bid price of Rs. 170 per share, which is close to the stock's 52-week high and a 20 per cent premium to its current price.

The level of 11,078 will be important to watch as the index may face resistance around this level, followed by 11,100. Stocks in news: HCL Tech, Tata Communications, Hindustan Oil Exploration, Vakrangee, Allahabad Bank and SBI. 

Indian markets are likely to continue with their upmove on Friday as global cues are positive. The two key data announced yesterday post the market hours left a lot be desired. The IIP for the month of May came in sharply lower at 3.2%, which is the slowest in the last seven months, while retail inflation jumped to 5%, which could once again make a case for further rate hikes by the RBI. Infosys will be in focus as it is due to announce its quarterly earnings today.  

The stocks that are likely to witness significant movement on the bourses on Friday are Karnataka Bank, Essar Ports, Vikrangee, Ashok Leyland and Goodluck India.