Sensex gives up 51K amid broad-based sell-off, dips 435 pts; PSBs, auto hit

The Nifty PSU bank index ended as the top laggard on the NSE, down 4.7 per cent, after surging nearly 6 per cent each over the past two days

10:15 AM

Forex market closed for trading today

Domestic currency derivatives markets are closed on Friday on account of Chhatrapati Shivaji Maharaj Jayanti.

10:11 AM

Nifty PSU Bank index up 47% in Feb on improved earnings, privatisation buzz

Shares of public sector undertaking (PSU) banks continued their upward movement with the Nifty PSU Bank index hitting a fresh 52-week high of 2,661 on the National Stock Exchange (NSE) in Friday's intra-day deals on amid improved earnings and privatisation hope. Thus far in the month of February, the Nifty PSU Bank index has zoomed 47 per cent, as compared to 10.4 per cent rise in the Nifty50 index. During the current week, the PSU Bank index has surged 20 per cent, against 0.7 per cent decline in the benchmark index. READ MORE

9:55 AM

NEWS FLASH :: Crisil upgrades Escorts credit rating

9:51 AM

Nikkei slips below 30,000 as rally fizzles before weekend

Japan's Nikkei share average slipped on Friday, falling back below the 30,000 mark it has recovered for the first time in three decades earlier this week, as profit-taking ahead of the weekend trumped broad economic recovery optimism. The Nikkei lost 0.95% to 29,947.42, moving further away from its 30-1/2-year high of 30,714.52 touched on Monday. The broader Topix shed 0.76% to 1,927.21.

(Source: Reuters)

9:43 AM

NEWS FLASH :: 0.6% Dabur shares traded in a block

A media report on Thursday reported that Dabur promoter would sell 0.5 per cent equity stake to raise Rs 460 crore at Rs 509.65-520.05 per share.

9:43 AM

Most active stocks by volume

Company	PRICE(rs)	CHG(%)
Dabur India	509.65	-2.03
Vodafone Idea	11.62	0.35
Central Bank	24.68	2.66
I O B	20.08	5.68
Punjab Natl.Bank	44.90	2.39

9:42 AM

Financials, IT stocks top Sensex drags in early trade

9:32 AM

Ashok Leyland slumps 3%

9:31 AM

Result Reaction :: Ambuja Cements holds gains

>> The company reported a consolidated net profit of Rs 732 crore in the December quarter, up 24 per cent from same period last year on the back of increased revenue.

9:29 AM

BUZZING :: Rossari Biotech hits fresh 52-week high

9:28 AM

Happiest Minds Tech continues its uptrend

9:27 AM

DLF slides over 1% despite arm acquiring stake in US-based Hines

>> The company's rental arm DCCDL has completed the acquisition of the entire 52 per cent stake of US-based Hines in a premium commercial project in Gurugram for Rs 780 crore.

9:24 AM

Oil India gains 3% in a weak market

>> Oil India & Engineers India will together bid for acquiring 61.65 per cent stake of Bharat Petroleum Corporation Limited (BPCL) in Numaligarh Refinery Limited.

9:22 AM

IDFC First Bank trades higher on fund raising plan

>> The company said its board has okayed raising up to Rs 3,000 crore through various means.

9:21 AM

Sectoral trends on NSE :: Banks, metals, auto under pressure