MARKET WRAP: Benchmarks flat, mid-caps rally; RIL up 3% ahead of Q3 nos

All that happened in the markets today

1:54 PM

Dishman Carbogen falls 9% from day's high despite nod for share buyback

Shares of Dishman Carbogen Amcis were locked in 5 per cent lower circuit at Rs 84.30 on the BSE on Friday despite board approval's for a share buyback at a price not exceeding Rs 150 per share. The stock of pharmaceuticals slipped 9 per cent from its intra-day high level of Rs 92.40 on the BSE. READ MORE

1:41 PM

NEWS ALERT | GAIL & Power Grid are likely to move pleas before SC for clarifications in AGR case: sources to CNBC TV18

>>These PSUs are likely to prefer clarification rather than review petition

 

>> Modification pleas can be mentioned, heard by a Bench in Open Court

 

>> PSUs to seek clarification to make distinction between telcos and PSUs, and make distinction on core competencies

1:34 PM

NEWS ALERT | Jay Shree Tea to sell stakes in 2 tea estates located in Africa: BSE filing

>> Company has entered into a definitive agreement with Grand Lacs Trading SA, Belgium to sale its stake in two of its tea estates at East Africa namely Mata & Gisakura 

>> Deal consideration:  USD 10 million to be received

>> Date of completion: 14th February, 2O2O
 

1:22 PM

Bankrupt Jet Airways plans to sell Netherlands biz to Dutch airline KLM

The domestic full-service carrier, which shuttered operations last April, is undergoing insolvency resolution process.

 

The insolvency resolution professional managing the affairs of Jet Airways said various options are being explored for the "company's resolution and maximising the value for its stakeholders", as per the filing on Friday. READ MORE

1:11 PM

RIL climbs 2.5% ahead of Q3 results; GRM expected to see a slight fall

Shares of Reliance Industries (RIL) climbed over 2.5 per cent in the intra-day session on Friday ahead of its December quarter (Q3FY20) results which is scheduled to be released later in the day. At 12:54 pm, the stock was trading 2.42 per cent higher at Rs 1575 apiece on the BSE. During the day, it hit a high of Rs 1577.45 levels. READ MORE

1:06 PM

Glenmark ticks up 3%

1:01 PM

Broader markets continue to outperform benchmarks

12:56 PM

STOCK ALERT :: Bharti Airtel extends gain, trades over Rs 500/sh mark

>> Stock Rs 25/share away from lifetime high

>> Last record high touched on Oct 10, 2007

12:51 PM

NEWS ALERT | Piramal Ent to sell its healthcare insights & analytics biz for $950 m to Clarivate: BSE Filing

Alert: Revenue from the healthcare insights and analytics business was Rs. 1,330.74 crores for the financial year ended March 31, 2019.

12:42 PM

STOCK ALERT :: Ujjivan Small Finance Bank at its lowest level since listing on December 12, 2019

12:33 PM

Nifty sectoral indices at this hour

12:31 PM

Prestige to Sobha, south Indian developers hold the edge

The implementation of the goods and services tax, the Real Estate Regulation Act, demonetisation as well as liquidity issues, led to market share gains for organised players. Improving balance sheets and track record of executing projects have helped organised developers notch up strong volumes even as smaller players are facing a liquidity crunch and slow sales velocity. READ MORE

12:23 PM

Emami Ltd up 5%

12:15 PM

BUZZING STOCK:: India Glycols zooms 10%

12:05 PM

Bharti Airtel climbs 5% on hopes of market share gain, hits 26-month high

Bharti Airtel's stock price surged 5 per cent to hit 26-month high of Rs 499 on the BSE on Friday amid expectations that the telecom company is poised for strong market share gain. The stock of the country’s largest integrated telecommunications company was trading at its highest level since November 2017. It is 6 per cent away from its all-time high level of Rs 527, touched on October 2007. READ MORE