Vinod Nair, Head of Research, Geojit Financial Services
Market started with a negative bias due to profit booking while later the trend changed with renewed buying on index heavyweights. The pharma sector continued to face US regulatory & pricing pressure which refrained investors to give focus even at the low valuation. On the other hand, investors are watchful of the US employment data later today to take cues on the stability of US market.
3:59 PM
Bharat-22 ETF
The ETF will feature four banking stocks -- SBI, Axis Bank, Bank of Baroda and Indian Bank -- other than CPSEs such as Nalco, ONGC, IOC, BPCL and Coal India. Besides, there will be nine other PSUs as well as REC and PFC. SUUTI's holding in ITC has also been included. CLICK HERE FOR FULL REPORT
3:45 PM
Top Sensex gainers and losers
Source: BSE
3:42 PM
Market breadth
The breadth, indicating the overall health of the market, was negative. On the BSE, 1,388 shares fell and 1,198 shares rose. A total of 172 shares remained unchanged.
3:40 PM
In the broader market, the BSE Midcap outperformed to gain 0.6%, while the BSE Smallcap index settled little changed.
3:35 PM
Markets at close
The Sensex ended at 32,325, up 87 points, while the Nifty50 closed at 10,066, up 52 points. Both indices settled the week marginally higher.
3:30 PM
IOC crosses Rs 2 lakh crore m-cap
The market capitalisation of Indian Oil Corp crossed Rs 2 lakh crore, surpassing ICICI Bank, Larsen & Toubro and Bharti Airtel. The stock was the top Nifty gainers, up over 10%.
3:21 PM
Arun Jaitley on divestment roadmap
Cochin Shipyard IPO one of the most successful in recent times
3:19 PM
Arun Jaitley on divestment roadmap
Revised divestment target in FY17 Was Rs 45,500 crore, and we realised Rs 46,247 crore
3:16 PM
Arun Jaitley on divestment agenda
Bharat-22 ETF will have sectoral share capping of 20%. It will also have some holdings of SUUTI, CPSE ETF and PSU Banks. Single company stock cap in Bharat-22 ETF will be at 15%
3:14 PM
Arun Jaitley on divestment rodemap
Created new ETF under the name of Bharat-22
3:13 PM
Arun Jaitley on divestment rodemap
Have very stiff divestment target of Rs 72,500 crore for FY18
3:11 PM
Finance Minister Arun Jaitley on divestment rodemap
Have raised Rs 9,300 crore via divestment in FY18 so far
3:04 PM
Earnings impact
HPCL surged over 8% to Rs 429 after the public sector undertaking reported a Rs 924.75 crore net profit for the June quarter, less than half the Rs 2,098 crore net profit reported for the corresponding quarter of the last financial year.
The oil refiner also incurred a hit in Gross Refinery Margins. GRM for the quarter ending June 30 stood at $5.86 per barrel. The GRM was $6.83 per barrel in the last financial year.
2:59 PM
European markets
European markets opened mixed as investors monitored earnings reports and awaited US jobs report. FTSE 100 and CAC 40 were up 0.1%, while Euro Stoxx 50 was little changed.
 "Markets pare losses to settle near day's high; Nifty ends above 10,050")
