Sensex ends choppy trade 70 pts higher, Nifty tops 13,750; IT stocks shine

The broader markets ended in the red for second straight day.

10:25 AM

Lemon Tree falls 3% on block deal in the counter

Around 5.35 per cent equity of Lemon Tree Hotels change hands via block deal, a TV report stated. Following this, the stock price traded 2.89 per cent down at Rs 42.05 on the BSE in morning session.

10:12 AM

ZEEL shares slip 3% in morning session

• ZEEL is to acquire film production and distribution business on a slump sale basis from Zee Studios, a wholly-owned subsidiary. The acquisition is to be done for a cash consideration of Rs 275 crore. 

• Further, the Board of Directors have also approved the transfer of the Digital Publishing Business Division of the company to Rapidcube Technologies through a Business Transfer Agreement.

10:10 AM

Rupee opening

Rupee opens higher at 73.56/$ vs Thursday's close of 73.60 against the US dollar

10:04 AM

IT shares gain on Accenture's strong performance

Shares of information technology (IT) companies rallied at the bourses on Friday with sector giants Tata Consultancy Services (TCS) and Infosys hitting their respective record highs, after Accenture reported better-than-expected results for the quarter ending November 30. The Nifty IT index hit a record high of 23,408, up 2 per cent on the NSE in early morning trade. READ MORE

10:00 AM

BSE IT best sectoral performer amid gains in index heavyweights

9:53 AM

Most active stocks by volume

COMPANY	PRICE(rs)	CHG(%)
LEMON TREE HOTEL	42.50	-1.85
AU SMALL FINANCE	892.70	-5.41
VODAFONE IDEA	9.93	0.00
SUZLON ENERGY	4.53	-4.83
NATL. ALUMINIUM	43.05	-0.46

9:53 AM

Index re-balancing to trigger passive inflows, DRL seen as major gainer

Domestic markets are likely to witness a huge bout of inflows on Friday from passive funds as the rebalancing exercise in major indices. Rejig exercise in both FTSE Global Index Equity Index Series (GEIS) and Sensex takes effect on Friday. READ MORE

9:42 AM

Sensex slips nearly 200 pts | Bajaj Fin, HDFC twins, Bharti Airtel top drags

9:36 AM

MARKET UNDER PRESSURE

>> S&P BSE Sensex slips after clocking record highstrades at 46,751 levels, down 139 points or 0.30%

>> NSE's Nifty50 slips to 13,704, down 36 points or 0.24%

9:34 AM

Financials under pressure; Nifty Bank index down over 200 pts

9:32 AM

MARKET CHECK :: Indices face pressure at higher levels; Sensex turns volatile

9:30 AM

IT stocks in focus :: Nifty IT index outperforming markets

9:28 AM

L&T up around half a per cent on order win report

>> According to a media report, Larsen & Toubro is slated to win orders worth Rs 13,000 crore after the company emerged the best bidder for two tenders floated by HPCL Rajasthan Refinery.

9:27 AM

BEML gains after Porinju Veliath's Equity Intelligence picks stake

>>  Porinju Veliath's Equity Intelligence India bought 2.65 lakh shares at Rs 847.63 per share in BEML, bulk deal data showed.

9:26 AM

BPCL dips in early deals

>> Privatisation-bound BPCL on December 17 said its board has approved buying out Oman Oil Company's stake in the Bina refinery project in Madhya Pradesh on mutually agreeable.