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ONGC jumps after Bank of America upgrades the stock
Shares of Oil and Natural Gas Corp appreciated 2.5% after Bank of America Merrill Lynch upgraded the stock to buy from neutral.

Bharti Airtel firms up on sale of telecom towers worth $1 billion
Shares of Bharti Airtel have surged nearly 2% in the early trades after reaching a consensus on the sale of its telecom towers in Nigeria for more than $1 billion within the next three weeks.

L&T gains on winning orders worth Rs 1,920 crore
Shares of L&T have gained nearly 1% after the company said its wholly owned subsidiary L&T Hydrocarbon Engineering (LTHE)  has secured new orders in the offshore and onshore segments worth Rs 1920 crore from domestic oil and gas majors.

Cipla plans new acquisitions worth Rs100 crore
Cipla will acquire two manufacturing units from its contract manufacturer Okasa for Rs100.93 crore. The first manufacturing facility located at Goa is owned by Okasa Pvt Ltd and the second manufacturing facility located at Satara (Maharashtra) is owned by Okasa Pharma Pvt Ltd.
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