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HSBC initiated coverage on Krishna Institute of Medical Sciences (KIMS) with a 'buy' rating while assigning 'reduce' rating to Global Health (Medanta) and Narayana Hrudayalaya. The brokerage has a 'buy' rating on Apollo Hospitals and Aster Healthcare. «We retain our positive view on the growth outlook for the hospital sector on intact structural drivers: An ageing population, more lifestyle related disorders, increasing healthcare insurance coverage, rising income levels, and better paying ability,» said the analysts at the brokerage.

V-Sciences Investments, an arm of Temasek Holdings, on Friday divested a 1.4 per cent stake in Godrej Agrovet for more than Rs 212 crore through an open market transaction. Temasek Holdings is a state-owned multinational investment firm in Singapore. As of March 31, 2024, the investment company held an SGD 389 billion of portfolio value. According to the bulk deal data available on the National Stock Exchange (NSE), V-Sciences Investments offloaded 27.10 lakh shares, or 1.41 per cent stake, in Godrej Agrovet.

ICICI Securities has approached the National Company Law Appellate Tribunal (NCLAT) challenging the National Company Law Tribunal's order approving the company's delisting application from the stock exchanges. On August 21, the NCLT's Mumbai bench dismissed two objections to the delisting scheme and allowed delisting. On Friday, Bengaluru-based investment manager Manu Rishi Guptha filed an appeal in the NCLAT, New Delhi. In an exchange filing, the ICICI Bank said it received an intimation from NCLAT on Friday that one shareholder of ICICI Securities holding 13, 050 shares of ICICI Securities has e-filed an appeal before NCLAT against the order of NCLT dismissing their application. Guptha and a few investors are opposing the terms of the proposed delisting of ICICI Sec.

foreign exchange reserves scaled a new high of $689.235 billion at the end of September 6, the Reserve Bank of India data showed. Forex reserves rose $5.248 billion in the week ending September 6, making it the fourth consecutive weekly rise backed by healthy dollar inflows. In the past four weeks, reserves rose by $19.2 billion.

Some Canadian energy companies are better placed to weather the precipitous drop in the price of oil, according to an analysis by Scotiabank Global Equity Research.

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If the current trends sustain, Bajaj Housing Finance is likely to deliver multibagger gains to investors on debut.

KM Sugar Mills Ltd.(up 3.56%), Kothari Sugars & Chemicals Ltd.(up 1.60%), Ugar Sugar Works Ltd.(up 1.45%), KCP Sugar & Industries Corporation Ltd.(up 1.45%), Mawana Sugars Ltd.(up 1.39%), Triveni Engineering & Industries Ltd.(up 1.32%), Rana Sugars Ltd.(up 0.93%), Vishwaraj Sugar Industries Ltd.(up 0.79%), Sakthi Sugars Ltd.(up 0.69%) and Dwarikesh Sugar Industries Ltd.(up 0.68%) stood among the top gainers.

Sanjay Roy on Friday refused to give his consent for a narco analysis test, leading the court to reject the CBI's request to conduct the procedure in the R G Kar Medical College and Hospital rape-murder case. The CBI had approached the Sealdah court, seeking permission for the test after arresting Roy in connection with the alleged crime. The agency planned to use the narco test to verify Roy’s statements. “The test would help determine if Roy is telling the truth,” the officer stated. During the procedure, sodium pentothal is administered to induce a hypnotic state, neutralising the subject’s imagination, the officer explained, adding that this method often leads to the accused providing accurate information. A hearing on the CBI’s appeal was expected later in the afternoon. The agency had already conducted a polygraph test on Roy inside Presidency Correctional Home, as part of the investigation.

Shares of DLF Ltd.(up 3.32 per cent), Sunteck Realty Ltd.(up 3.07 per cent), Macrotech Developers Ltd.(up 2.77 per cent), Oberoi Realty Ltd.(up 2.66 per cent) and Godrej Properties Ltd.(up 2.47 per cent) ended the day as top gainers in the pack.

Benchmark NSE Nifty closed 32.41 points down at 25356.5 amid selling in frontline bluechip counters.

Shares of Wipro Ltd.(up 3.88 per cent), Coforge Ltd.(up 2.0 per cent), MphasiS Ltd.(up 1.56 per cent), L&T Technology Services Ltd.(up 1.14 per cent) and Persistent Systems Ltd.(up 1.01 per cent) ended the day as top gainers in the pack.

Lupin Ltd. gained 0.45 per cent to Rs 2257.0 in Friday's trade as of 11:46AM (IST). The stock hit a high price of Rs 2277.3 and low of Rs 2257.0 during the session.

CBI is planning to conduct a narco analysis test on Sanjay Roy who was arrested in connection with the alleged rape and murder of a doctor in R G Kar Medical College and Hospital, an officer said on Friday. The central probe agency has appealed to the city-based Sealdah court seeking permission to conduct the test on Roy, he said. «This is primarily to cross-check whether Roy is telling the truth. The narco analysis test will help us to verify his version,» the officer told PTI. During a narco analysis test, a drug sodium pentothal is injected into the body of the subject which takes him to a hypnotic state, and his imagination is neutralised, the CBI officer explained.

Adani Power Ltd. traded 2.1 per cent up at Rs 637.65 at around 01:53PM (IST) on Friday. The stock had closed at Rs 651.35 in the previous session. Equity benchmark Sensex traded 29.36 points lower at 82933.35 around the same time.

Bharat Forge Ltd. traded 1.06 per cent up at Rs 1607.8 on Friday at around 11:51AM (IST), while the benchmark BSE Sensex declined 34.31 points to 82928.4. As many as 6,575 shares changed hands on the counter with a total value of Rs 1.05 crore.

PI Industries Ltd. traded 0.1 per cent up in Friday's trade at 11:56AM (IST). Around 1,361 shares changed hands on the counter. The stock opened at Rs 4662.95 and touched an intraday high and low of Rs 4686.75 and Rs 4637.1, respectively, in the session so far. The stock of PI Industries Ltd. quoted a 52-week high of Rs 4748.25 and a 52-week low of Rs 3060.0.

Ashok Leyland Ltd. slipped 0.2 per cent to Rs 245.5 in Friday's trade as of 12:12PM (IST). The stock hit a high price of Rs 248.45 and low of Rs 245.25 during the session.

Havells India Ltd. traded at Rs 1993.6 on BSE at 10:56AM (IST) on Friday, down 0.11 per cent from previous close. The stock quoted a 52-week low price of Rs 1233.1 and a high of Rs 2023.4.

GAIL (India) Ltd. traded 0.02 per cent higher in Friday's session at 12:06PM (IST). The stock opened at Rs 220.4 and has touched an intraday high and low of Rs 221.75 and Rs 219.9, respectively, during the session so far. The stock quoted a 52-week high of Rs 246.35 and a 52-week low of 116.2. About 77,272 shares changed hands on the counter so far.