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Stocks that were in focus included names like Karnataka Bank which was up over 14%, SBI which rose more than 1% ahead of results, and Titan Company which closed flat also ahead of results.

Further, the board of Sequent Scientific other than the quarterly results will deliberate on the preferential issue. The board of BLS International will meet to consider the proposal for the issue of bonus shares to the equity shareholders of the company.

Although analysts are expecting state-owned bank valuations to close the gap with their private sector counterparts, they are still wary to take a long-term bet because of the operational risks associated with their government ownership.

As part of the strategy to stay ahead of its rivals in the highly fragmented domestic formulation business, Sun Pharma has embarked on major salesforce expansion by adding over 1,000 people per year in the last two years (2021 & 2022). It has a field strength of around 12,000 people, the largest in India.

Efforts are on to find a middle ground in the negotiations with the European Securities and Markets Authority (ESMA) which has derecognised six key institutions including Clearing Corporation of India (CCIL) and NSE Clearing Limited (NSCCL) which are central counterparties (CCPs) for settlement of trades in foreign exchange, gilts, and currency and interest rate derivatives.

The 2,400-bed hospital chain, owned by a TPG Growth platform Evercare, also saw interest from Max Healthcare and Carlyle, among others. Investment banks Rothschild and Barclays are advising TPG on the sale process.

While in the last few quarters, loan demand was led by higher utilisation of working capital due to increase in commodity prices, from the September quarter onwards corporate loan growth has trended towards fresh capacity building, bankers told ET.

Four Fed policymakers on Friday indicated they would still consider a smaller interest rate hike at their next policy meeting, despite new data showing another month of robust job gains and only small signs of progress in lowering inflation.

The two currencies were huge beneficiaries of a broad rally on Friday - rising nearly 3% - as speculation that China could soon end its COVID restrictions gathered pace ad buoyed risk appetite.

Supreme Industries declared a special dividend of Rs 6/- per equity share. The stock shall trade ex-dividend on November 7, 2022. In the past 12 months, the company has declared an equity dividend amounting to Rs 18 per share. On Friday, the scrip was trading 1.63% higher at Rs 2,237.10, over its last day’s closing price of Rs 2201.30.