Sensex Today | Stock Market LIVE Updates: Except IT, FMCG, all other sectoral indices trade in the red. Wipro, TCS, Infosys, Sun Pharma, UltraTech Cement are among top gainers on the Nifty, while losers are Bharat Electronics, Trent, Tata Motors, Power Grid Corp, Adani Enterprises. BSE Midcap and Smallcap indices down 1 percent each.

HDFC Bank, Hindustan Unilever, Bharat Petroleum Corporation, Coforge, Elecon Engineering, Go Digit General Insurance, Gravita India, Heritage Foods, HUDCO, Laxmi Organic Industries, Nuvoco Vistas Corporation, Persistent Systems, Pidilite Industries, Polycab India, Tata Communications, Ujaas Energy, and Zensar Technologies will release quarterly earnings scorecard on January 22.

The Company is considering raising funds in accordance with applicable laws and regulations.

The proposed fundraise will support plans to enhance research and development efforts and expand manufacturing capabilities within the aerospace and defence supply chain.

Additionally, the Company is formulating its strategic goals and business prospects.

The Board has approved a capital expenditure of Rs 342 crore for increasing the peptide synthesizer reactor capacity from 0.5 KL to 6.37 KL in Unit-1 and building an additional capacity of 52 KL in Unit-3.