IndusInd Bank Ltd is quoting at Rs 461.45, up 1.56% on the day as on 12:54 IST on the NSE. The stock is down 68.75% in last one year as compared to a 17.57% slide in NIFTY and a 31.78% slide in the Nifty Bank index.

HDFC Life Insurance Company Ltd is quoting at Rs 519.65, up 5.08% on the day as on 12:54 IST on the NSE. The stock is up 26.88% in last one year as compared to a 17.57% slide in NIFTY and a 20.42% slide in the Nifty Financial Services index.

At 13:30 IST, the barometer index, the S&P BSE Sensex, was up 433.52 points or 1.38% at 31,876.29. The Nifty 50 index rose 120 points or 1.3% at 9,319.05

Procter & Gamble Hygiene & Health Care rose 0.27% to Rs 10190.15 after net profit rose 1.1% to Rs 91.10 crore on 6.2% decline in net sales to Rs 656.05 crore in Q3 March 2020 over Q3 March 2019.

Laurus Labs slumped 8.86% to Rs 445.50 on the BSE.

In the broader market, the S&P BSE Mid-Cap index was up 0.22% while the S&P BSE Small-Cap index down 0.1%.

Healthcare Global Enterprises Ltd, Ganges Securities Ltd, Pritish Nandy Communications Ltd and The Byke Hospitality Ltd are among the other losers in the BSE's 'B' group today, 08 May 2020.

Laurus Labs Ltd, RBL Bank Ltd, Bandhan Bank Ltd and Torrent Power Ltd are among the other losers in the BSE's 'A' group today, 08 May 2020.

Adani Gas rose 3.55% to Rs 107.85 after standalone net profit surged 61% to Rs 122 crore on 1% fall in revenue from operations to Rs 490 crore in Q4 March 2020 over Q4 March 2019.

As per provisional closing, the barometer S&P BSE Sensex gained 199.32 points or 0.63% at 31,642.70. The Nifty 50 index gained 51.55 points or 0.56% at 9,250.60.

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FMCG major Hindustan Unilever (HUL) jumped 4.81% to end at Rs 2088.35 after a foreign brokerage reportedly maintained an 'outperform' rating on the stock with a target of Rs 2,400 per share.

India VIX cools 3% to 38.53.

SBI Card's net profit jumped 43.9% to Rs 1244.82 crore on a 33.8% rise in total income to Rs 9752.29 crore in the year ended March 2020 (FY20) over the year ended March 2019 (FY19)

As speculation grows over Joe Biden’s selection of a running mate, WSJ’s Gerald F. Seib looks at past picks for clues into what factors the former vice president will consider, and why this year’s choice is more important than ever. Photo: Getty Images

Wonder Land: The dispute between "proven" therapies to treat coronavirus and taking risks for people at death’s door. Images: Everett Collection/Getty Images Composite: Mark Kelly

As fears of the novel coronavirus spread through the U.S., the high-contact tradition of presidential campaigning came to a halt. WSJ's Gerald F. Seib explains what Americans may see as campaigning resumes. Photo: Shutterstock/Zuma Press

States balance public health and economic well-being as more lockdowns expire; U.S. intelligence agencies confirm investigating if the coronavirus escaped from a lab in Wuhan; Apple and Amazon report profits. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Matthew Hatcher/Bloomberg

Outside of New York, New Jersey is the state that has been hit hardest by the pandemic. WSJ visited a recent emergency food distribution event in Newark to speak with New Jerseyans about food insecurity during the pandemic.

California is the first state to borrow federal funds to cover rising jobless claims, United Airlines expects to cut its management ranks by 30%, and the FDA sets standards for antibody tests in a crackdown on fraud. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Rich Pedroncelli/Associated Press

President Trump said the White House coronavirus task force will continue indefinitely and Airbnb plans to lay off a quarter of its workforce. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Brendan Smialowski/AFP

State-media footage shows North Korean leader Kim Jong Un cutting the ribbon at a fertilizer factory, ending a nearly three-week absence from public view that fueled rumors of his death. Photo: KRT/Associated Press

The Trump administration steps up assertions that the coronavirus originated at a lab in Wuhan, governments around the world start to allow businesses to reopen, millions of imported masks fall short of N95 standards. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Scott Keeler/Zuma Press

Sales decline 2.83% to Rs 616.61 crore

Sales rise 25.20% to Rs 3186.96 crore

Total Operating Income rise 11.47% to Rs 21740.68 crore

Sales rise 49.79% to Rs 21.69 crore

Sales decline 2.13% to Rs 476.13 crore

RBI issues revised Calendar for issuance of Marketable Dated Securities for the remaining period of H1 (11 May - 30 September 2020)

However, the management of the Company expects the operations to remain sub-normal in the immediate future, with a possibility of intermittent disruptions based on the evolving situation and varying Government guidelines and permissions. The Company continues to closely monitor the situation and shall take appropriate action as per regulatory guidelines.

Transaction expected to close in Q3 2020

On 08 May 2020

The drug major on Friday (8 May 2020) informed that the inspection of its three units at Pithampur in Madhya Pradesh by the UK health regulator has been completed.

US stock market ended sharply higher on Friday (8 May) despite grim monthly jobs report as investors bet the worst of the coronavirus crisis has passed. Investors also hoped for an eventual reopening of the economy.

Swaraj Engines' net profit fell 4.9% to Rs 15.84 crore on a 8.5% decline in net sales to Rs 175.13 crore in Q4 March 2020 over Q4 March 2019.

Cipla said that following USFDA inspection, the company's manufacturing facility in Bommasandra, Bangalore has received the EIR, indicating closure of the inspection.

VST Industries said that the company has resumed its manufacturing operations with restricted capacity and manpower considering the permission granted by the State Government of Telangana.

On a consolidated basis, Shree Cement's net profit jumped 57.6% to Rs 535.93 crore on 2.1% decline in net sales to Rs 3,415.14 crore in Q4 March 2020 over Q4 March 2019.

US-based BlackRock Inc. sold 324,863 equity shares, or 0.50% equity, of Just Dial on 7 May 2020.

Adani Enterprises on Friday (8 May) said it has incorporated a wholly-owned subsidiary company, "Nanasa Pidgaon Road" on 8 May 2020.

The US-based private equity investor will buy shares at Rs 86 each and the transaction is expected to close in the third quarter of 2020.

Adani Transmission's consolidated net profit dropped 60% to Rs 59 crore on a 3% decline in operational revenue to Rs 2220 crore in Q4 March 2020 over Q4 March 2019.

ICICI Bank on Saturday (9 May 2020) said its net profit rose 26.04% to Rs 1,221.36 crore on 12.09% rise in total income to Rs 23,443.66 crore in Q4 March 2020 over Q4 March 2019.

At least six security personnel, including an Army major, were killed on Friday when a roadside bomb struck a patrol vehicle in a remote area in southwestern Pakistan, close to the border with Iran. The Army said in a statement that a vehicle of paramilitary Frontier Corps was targeted through a remote-controlled improvised explosive device (IED) in Kech district's Buleda area, about 14 km from the Iran border. A major and five soldier embraced shahadat while one soldier was injured, according to army. No one took responsibility but Baloch militants often target the security forces in the province. It is the first major attack on the forces in Balochistan since the outbreak of COVID-19.

An Indian national will stand trial in Germany accused of spying on Sikh and Kashmiri communities for New Delhi's secret service, a court said Friday. Federal prosecutors allege the suspect, identified as 54-year-old Balvir, has been working with the Indian foreign intelligence agency Research & Analysis Wing since 2015. "He allegedly provided information about figures in the Sikh opposition scene and the Kashmiri movement and their relatives in Germany, and passed this on to his handlers who were working at the Indian consulate general in Frankfurt," the higher regional court in the city said in a statement. The trial will open on August 25. The same Frankfurt court convicted an Indian couple for spying on the same communities last December.

Venezuela's chief prosecutor ordered the arrest Friday of a former Green Beret and two opposition figures living in the United States for their purported role in a botched operation aimed at removing Nicols Maduro from power. Tarek William Saab said Venezuela will seek the capture of Jordan Goudreau, a military veteran who has claimed responsibility for the attack, as well as Juan Jos Rendn and Sergio Vergara, two U.S.-based advisers to opposition leader Juan Guaid. They are living in impunity, Saab said. In tranquility over there. US law enforcement is investigating Goudreau, though it remains unclear if he will charged. President Donald Trump does not recognize Maduro's government, making it highly unlikely that his administration would accept any extradition request. The Trump administration has denied all responsibility in the armed raid, which resulted in the arrests of two Americans, Luke Denman and Airan Berry, who were purportedly hired by Goudreau's private firm to ...

Salons, barbershops, nail salons and tanning facilities in the US state of Texas were allowed to open their doors on Friday for the first time in well over a month, giving a relief to several people who gave up their sleep to squeeze in a much-needed haircut and other services. Texas Governor Greg Abbott announced beauty salons, barbers, nail salons and tanning salons can open Friday, May 8, as long as they practice social distancing guidelines. Each stylist, nail tech and tanning salon employee can only have one customer at a time. Waiting customers should stay outside unless they can stay six feet apart. Abbott said customers and clients should wear masks Abbott also added an important clarification regarding phase one of reopening the state. He said weddings, funerals, memorials and burials should follow the same guidelines as churches by keeping people six feet apart and leaving every other row empty. Remote options should continue to be offered for high-risk groups. Abbott ...

Nepal police on Friday arrested 45 Chinese nationals stranded in the country because of coronavirus restrictions after a protest turned violent, authorities said. Holding placards such as "I want to go home!" they attempted to push towards a prohibited zone near the prime minister's office in Kathmandu. Some police as well as demonstrators were injured after police used batons to stop them and the protesters threw stones. "They may face charges of protesting in the restricted zone and violating the lockdown under existing laws," police spokeswoman Kiran Bajracharya told AFP. Nepal suspended international flights on March 22 as part of precautionary measures against the spread of the coronavirus, and remain so until at least May 31. While several countries, including the US, the UK, Australia and France have chartered evacuation flights for their citizens in Nepal, no official flights have been made to rescue stranded Chinese nationals.

Britain's minister for the environment, food and rural affairs says Prime Minister Boris Johnson won't be announcing immediate changes to the country's coronavirus lockdown when he addresses the nation on Sunday. George Eustice said the U.K. is not out of the woods and that there isn't going to be any dramatic overnight change to the lockdown. He said the government will be very, very cautious in loosening the restrictions. Johnson is expected to set out a roadmap of how the U.K. can start easing the lockdown in the future. Only minor changes, such as allowing individuals to sunbathe in parks and removing the limit on one daily outing for exercise, are anticipated. Eustice also revealed that another 626 people have died after testing positive for COVID-19 in all settings, including hospitals and care homes. That takes the U.K. total to 31,241, the second highest official death toll in the world behind the United States.

The number of people in Italy who've died with COVID-19 infections has topped 30,000. The Health Ministry registered 243 deaths on Friday, bringing the total of those who died in the country to 30,201. Italy was the first country in Europe with a major outbreak of the coronavirus. Authorities say many more likely died with the infection at home or in nursing homes without being diagnosed. With 1,327 more cases registered in the 24-hour period ending Friday evening, Italy now tallies 217,185 confirmed coronavirus infections. Some 11,000 more people have recovered from the illness than are currently positive for the infection. Lombardy in the north continues to be the hardest-hit region, accounting for nearly one-half of the latest cases registered on Friday. Health and government authorities are concerned that partial easing earlier in the week of some lockdown measures, such as re-opening of public parks and gardens, could see an uptick in contagion if people ignore safety-distance ...