Shyam Century Ferrous (Re 0.3 per share) and Sun TV Network (Rs 5 per share) had announced their interim dividends. Shares of 7NR Retail will turn ex-rights today. The company had announced a rights issue of 1 share for every 1 share held, offered at Rs 1.4 apiece. Fine Organic Industries and Salem Erode Investments will have their annual general meetings (AGM) today.

Wipro announced the launch of the Wipro-Google Cloud Innovation Arena in Bengaluru to accelerate adoption of cloud services.

Select midcap and smallcap stocks stole the complete spotlight during the session. TD Power System, Zen Technologies, Vodafone Idea, Kitex Garments, Tinplate were among the stocks which posted double digit gains. Bank of India was the only big name, losing more than 5 per cent.

Shares of Kitex Garments have rallied over 50 per cent in the last one year. However, it has underperformed in the last one month, giving a negative return.

Sri Lankan Deputy High Commissioner to Chennai, Dr D Venkateshwaran told Kitex MD Sabu Jacob there would be “complete co-operation” if Kitex were to invest in Sri Lanka.

Brookfield Infrastructure, a subsidiary of Canada's Brookfield, and Digital Realty recently said they have created a joint venture to set up data centres in India under the brand name BAM Realty.

Among stock-specific action, power and auto component makers stole the show. Unlock theme, too, remained in the spotlight. However, investors took some profit off the table in stocks that gained in recent sessions.

Select NBFC and realty stocks bucked the trend on positive new flows. Companies where key investors increased and decreased their stakes were also on the radar of the investors.

Kitex Garments has surged over 46 per cent in the last one week. The counter has delivered 55 per cent return in the last one year.

"I'm not going on my own. I'm being hounded out, I am being kicked out..," Jacob told reporters at the Kochi airport.

Shares of Kitex Government surged 13 per cent in the last couple of days. The counter was trading at 6 per cent higher at Rs 123.40 on Friday. BSE Sensex was trading 113.25 points or 0.22 per cent lower at 52,455.69 at the same time.

The world's second largest manufacturer of kids apparel has announced to withdraw Rs 3,500 crore investment from Kerala alleging harassment by state government officials.