The benchmark indices were closed for trading on Thursday because of the Bakri Eid holiday. However, on Wednesday, the indices touched all-time highs, with S&P BSE Sensex climbing above 64,000 and NSE Nifty 50 reaching the 19,000 level for the first time. 

The Nifty futures on the Singapore Exchange (SGX) recorded a 0.3% gain during Friday’s early trading session, scaling fresh lifetime highs as investors return to Dalal Street from a holiday. The positive momentum indicates a positive opening for domestic indices Nifty and Sensex. 

Power Grid Corporation of India Limited: Power Grid has approved an aggregate investment of Rs 388.94 crore in the establishment of a Telecom network for the National Transmission Asset Management Centre (NTAMC) for Rs 164.38 crore, Western Region expansion scheme at an estimated cost of Rs 115.09 crore and ICT Augmentation at Navsari associated with the integration of 7 GW RE power from Khavda RE park at an estimated cost of Rs 109.47. 

ICICI Bank, ICICI Securities: The board of ICICI Bank has approved delisting the equity shares of ICICI Securities and making it a wholly-owned subsidiary of ICICI Bank. Existing shareholders will be allotted 67 shares of ICICI Bank for every 100 shares held of ICICI securities, the company said in an exchange filing. 

CreditAccess Grameen: CreditAccess India BV, the company’s promoter, may sell up to a 5.8% stake in the company worth Rs 1,107 crore via a block deal at the base price of Rs 1,230 apiece.

 Bharat Petroleum Corporation Ltd (BPCL): The board of the state-owned company has approved raising Rs 18,000 crore through the issue of equity shares on rights issue basis to fund its net zero carbon emission projects.

Housing Development Finance Corporation: HDFC acquired 612 equity shares of Xanadu Realty at Rs 4,08,501 apiece, aggregating to a total consideration of Rs 25 crore, representing 5.46% of its paid-up equity share capital upon conversion of 938 compulsorily convertible debentures held by it in Xanadu. 

Tata Communications: The company has agreed to acquire Kaleyra for $100 million or Rs 820 crore. Kaleyra has a gross debt of $224.9 million and net debt of $149.9 million in its books.