While crude oil futures dipped on the prospect of higher interest rates, the reduction in U.S. oil inventories provided some support to prices.
The block deal has a floor price of ₹331 per share, which is 7.1% lower than Thursday's closing price, according to sources.
The bank plans to include a special resolution for this potential fundraising in its upcoming Annual General Meeting (AGM) notice.
While technology stocks led the gains, energy and FMCG sectors saw some declines.
This agreement with Takeda marks a significant step for Sun Pharma in expanding its gastrointestinal treatment portfolio and providing innovative solutions for patients in India.
Traders who trade in index futures and options do not face security bans as these restrictions apply only to individual stock contracts.
Promoters Sunil Suresh and Shubha Sunil will each sell 1.18 million shares in the OFS portion of the IPO.
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.
TCS plans to consolidate Xerox's technology services to improve business outcomes, migrate complex legacy data centres to the Azure public cloud.

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