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The funds raised will support Stanley Lifestyles' future expansion plans, further solidifying its position in the competitive furniture market.

While technology stocks led the gains, energy and FMCG sectors saw some declines.

Traders who trade in index futures and options do not face security bans as these restrictions apply only to individual stock contracts.

The block deal has a floor price of ₹331 per share, which is 7.1% lower than Thursday's closing price, according to sources.

Company plans to use funds to pay off debt, fund working capital, and for general corporate purposes

Despite a slight rise in share prices, the stock has faced significant declines over the past few months.

The company plans to issue a total of 216.92 Crore shares as bonuses, increasing its equity share capital to ₹4,338.50 Crore.

Gold prices are steady, with signs pointing towards a potential rate cut by the Federal Reserve due to weak U.S. economic data.

Out of the 28 sectors evaluated, MFs added positions in 18 sectors and cut positions in 10 sectors.

While crude oil futures dipped on the prospect of higher interest rates, the reduction in U.S. oil inventories provided some support to prices.