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The S&P/ASX 200 index climbed 0.5 per cent to finish the session at 7,406.6 points, but notched its first weekly loss in three. The benchmark had dropped 1.9 per cent on Thursday.

The pan-European STOXX 600 index rose 0.2 per cent, but was still on course to end the week 0.7 per cent lower amid persisting worries of a slowing global economic recovery.

"Looking at the market texture, I would continue to remain bullish on individual stocks. I have been very bullish on Bharti Airtel in the last one-and-a-half months from the levels of Rs 540-550."

RIL was scheduled to unveil JioPhone Next on Friday, Ganesh Chaturthi. But the company company in a filing to BSE late on Thursday said it is "actively working to make it available more widely in time for the Diwali festive season."

Amod Malviya and Sujeet Kumar, the other two cofounders, will support the effective functioning of a "CEO-led organisation" and will continue to shape strategic roadmap and investment decisions as active board members.

Wood in his latest Greed & fear report said he is adding Bajaj Finance to the portfolio with a 4 per cent weightage. It replaces LG Chem, the Korean chemical company. Bajaj Finance was already part of Wood’s long-only India portfolio.

​​​The initial public offer (IPO) is purely an offer for sale of 36,364,838 equity shares by promoter and existing shareholders, according to the draft red herring prospectus (DRHP).

ASL said in a statement that its board approved the allotment of 68.5 lakh equity shares, aggregating to about Rs 85 crore, to HDFC Capital Affordable Real Estate Fund-1 (H-CARE 1) and the promoters of ASL for Rs 124 per share.

The total inflow has reached Rs 3,070 crore in the asset class during the first eight months of the current year (January-August), data with the Association of Mutual Funds in India (Amfi) showed.

The Dow Jones Industrial Average rose 70.21 points, or 0.20 per cent, at the open to 34,949.59.