Indices snap 4-day losing run; Sensex up 166 pts; small-caps outperform

Sectorally, the Nifty Pharma index was the top gainer, up 0.6 per cent, followed by the Nifty Bank index, up 0.4 per cent

SI Reporter New Delhi

MARKET LIVE: Sensex gains 100 points; realty, pharma stocks up

3:45 PM

Broader market :: BSE SmallCap index advances 1%

3:43 PM

Sectoral trends on the NSE :: Pharma win on a volatile day; metals lag

3:40 PM

Sensex Heatmap at Close

Top gainers: RIL, ICICI Bank, SBI

Top losers: Tata Steel, Power Grid, Asian Paints

3:36 PM

CLOSING BELL :: Indices snap 4-day losing run

The S&P BSE Sensex closed with gains of 166 points, or 0.32 per cent, at 52,485 levels while the NSE's Nifty50 settled at 15,722 levels, up 42 points or 0.27 per cent.

3:30 PM

IOB surpasses PNB, BoB to become the second most-valued listed PSB

Indian Overseas Bank (IOB), on Friday, became the second most-valued listed public sector banks with a market-capitalisation of over Rs 50,000 crore.

As Street discounts privatisation of the state-owned lender, its shares have appreciated over 50 per cent on the BSE in the past one month. Effectively, the bank's m-cap has crossed Rs 50,000 crore-mark, surpassing its peers Punjab National Bank (PNB) and Bank of Baroda (BOB) in m-cap ranking. READ MORE

3:16 PM

Top gainers on BSE at this hour

Company	PRICE(rs)	CHG(%)
Route Mobile	2097.00	18.37
Indoco Remedies	481.05	14.81
J B Chem & Pharm	1873.75	10.86
HFCL	73.20	9.91
Vinati Organics	2035.00	9.37

» More on Top Gainers

3:04 PM

Gold ticks higher as virus fears boost appeal; focus on US jobs data

Gold inched up on Friday, as concerns over the spread of the coronavirus' Delta variant boosted bullion's appeal, while investors awaited U.S. non-farm payrolls data as it might influence the timing of a shift in the Federal Reserve's policy stance.

Spot gold rose 0.1% to $1,778.52 per ounce, by 0535 GMT. It has fallen 0.1% so far this week. U.S. gold futures added 0.1% to $1,778. READ MORE

2:57 PM

Top Sensex contributors at this hour

2:46 PM

OPEC+ seeks oil policy consensus as United Arab Emirates demands changes

An OPEC+ deal to release more oil to the market and extend its supply management policy to the end of 2022 hinges on agreement from the United Arab Emirates (UAE), which has opposed the deal and pushed talks into a second day, OPEC+ sources said. The UAE on Thursday effectively blocked a deal agreed by top producers Saudi Arabia and Russia to ease oil cuts by 2 million barrels per day (bpd) by the end of 2021 and extend the remaining cuts to December 2022 from April 2022. READ MORE

2:32 PM

Heatmap: S&P BSE Sensex gainers and losers at this hour

2:27 PM

Zydus gets USFDA nod to market generic HIV infection treatment tablets

Drug firm Zydus Cadila on Friday said it has received approval from the US health regulator to market generic Emtricitabine and Tenofovir Disoproxil Fumarate tablets used for treatment of HIV infection. The company has received final approval from the United States Food and Drug Administration (USFDA) to market Emtricitabine and Tenofovir Disoproxil Fumarate tablets, 100 mg/150 mg, 133 mg/200 mg and 167 mg/250 mg, Zydus Cadila said in a statement. READ MORE

paracetamol, pharma, drugs, medicine, health

2:20 PM

Airtel launches all-in-one plan for mobile, broadband, DTH services

Telecom major Bharti Airtel on Friday launched a new all-in-one bundle plan 'Airtel Black' including DTH, postpaid and fiber with a single bill facility. There are four new fixed-bundle plans under the 'Airtel Black' banner priced from Rs 998 per month to Rs 2,099 per month. The Rs 2,099 per month all-in-one plan offers 3 mobile connections, 1 fiber connection and 1 DTH connection. The Rs 1,598 per month plan offers 2 mobile connections and 1 fiber connection. READ MORE

2:09 PM

Alicon Castalloy zooms 30% in 2 days as MFs pick stake via QIP issue

Shares of Alicon Castalloy were locked in the 20 per cent upper circuit band, at Rs 761.75, on the BSE on Friday, having zoomed 30 per cent in two trading days, after the company said mutual funds bought nearly 10 per cent stake in the auto parts & equipment firm in qualified institutional placement (QIP) issue. READ MORE

markets, promoter, companies, stake, stock market, sensex, correction, nifty, shares, growth, profit, economy, gain

1:58 PM

Mindtree completes acquisition of the NxT Digital Business from L&T

Mindtree on Friday said it has completed acquisition of the NxT Digital Business from Larsen and Toubro (L&T). In May this year, Mindtree had announced it will acquire the NxT Digital Business from Larsen and Toubro (L&T) for Rs 198 crore, a move that will enable the mid-sized IT firm to capture opportunities in the Internet of Things (IoT) and Industry 4.0 space. READ MORE