GVK Power & Infrastructure rose 3.63% on NSE after its joint venture firm, GVK Hancock, secured an environmental permit to build its coal project in Australia.
Suzlon Group is to build 2000 MW of new wind energy projects in Madhya Pradesh over the next five years and establish the supporting manufacturing facilities.
Cipla’s South Africa-based subsidiary Cipla Medpro has announced its collaboration with Teva Pharmaceuticals Industries, the world’s largest generic pharmaceutical company.
Key benchmark indices snapped losses registered in the past three trading sessions as firm global stocks boosted the sentiment. All the sectoral indices on BSE rose. The BSE Mid-Cap index was up 1.83%, the BSE Small-Cap index was up 1.59%; both these indices outperformed the Sensex. Stocks from the capital goods basket gained on renewed buying. A major trigger for the markets would be the industrial production data for August 2014, which the government will unveil on 10 October 2014.