Indices end choppy day in the green; Sensex up 28 pts; Wipro soars 9%

Wipro, which jumped 10 per cent in the intra-day trade and hit a record high of Rs 474 on the NSE, ended as the top gainer on the Nifty after clocking its best performance in Q4 in a decade

SI Reporter New Delhi

MARKETS: Sensex up 50 pts, Nifty below 14,650; pharma stks gain, banks dip

2:23 PM

European markets check

(Source: Reuters)

2:21 PM

NEWS ALERT :: GTPL Hathway declares interim dividend of Rs 4/share

>> Co reports profit of Rs 56.9 crore vs loss of Rs 13.6 crore YoY in Q4FY21

2:16 PM

Gold prices hover near seven-week peak as US bond yields decline

Gold prices held steady near their highest since late-February on Friday, en route to their second straight weekly gain, boosted by a drop in U.S. Treasury yields and a weaker dollar.

Spot gold was flat at $1,762.70 per ounce by 0740 GMT, after hitting its highest since Feb. 26 at $1,769.37 on Thursday. Bullion is up more than 1% so far this week. READ MORE

2:04 PM

Real estate gets pvt equity investments of $3.2 bn in Q1: Report

The Indian real estate attracted private equity (debt and equity) investments of 3.24 billion dollars across 19 deals during January to March (Q1 2021), up 16 times compared to 199 million dollars in Q1 2020, according to Knight Frank India.

The investments in Q1 2021 in value terms were 80 per cent of that witnessed in full year 2020 and 48 per cent of full year 2019, it said in its latest research report. READ MORE

1:54 PM

NEWS ALERT :: Ashok Leyland delivers Light Bullet Proof Vehicles to Indian Air Force

>>Ashok Leyland has delivered first of its kind “Light Bullet proof Vehicles” to the Indian Air force.

>> Ashok Leyland delivered first lot of these modern vehicles on April 13th.

>> LBPV is an adopted version of Lockheed Martin’s (LM) CVNG (Common Vehicle Next Gen) and has been developed under TOT from LM to Ashok Leyland. It is completely indigenized and developed in India

1:45 PM

NEWS ALERT :: Sunday lockdown announced in UP

1:41 PM

Infosys: Analysts keep the faith despite the disappointing Q4 show

A miss on the March quarter performance and valuations weighed on the Infosys stock which shed about 3 per cent trade on Thursday. The disappointment was largely due to the high expectations built in into estimates after the consistent outperformance on growth and deal wins over the previous quarters.

While constant current growth of 2 per cent in the quarter fell short of the 3-4 per cent estimate, the growth guidance of 12-14 per cent for FY22 too was a shade below what analysts had forecasted. READ MORE

1:40 PM

Stocks that hit 52-week high on BSE today

Company	PRICE(rs)	52 WK HIGH	CHG(%)
Century Plyboard	340.30	358.70	2.42
Coforge	3196.20	3205.05	4.96
Dabur India	574.05	581.00	0.21
DCM Shriram	655.40	662.40	17.26
Emami	540.40	544.95	2.15

» More on 52 Week High

1:29 PM

SBI Card trades higher for third straight day; stock up 8% on heavy volumes

Shares of SBI Cards and Payment Services were trading higher for the third straight day, advancing 8 per cent to Rs 976 on the BSE in the intra-day trade on Friday, on the back of heavy volumes. In the past three days, the stock has gained 10 per cent after correcting 22 per cent from its record high level of Rs 1,149 touched on February 24, 2021. READ MORE

1:21 PM

MARKET UPDATE:: S&P BSE MidCap index at day's high, up 1.5 per cent

1:10 PM

Price hike hit :: Maruti Suzuki to increase prices of select models owing to increase in various input costs

>> The weighted average price increase in Ex-Showroom Prices (Delhi) across models is 1.6%.

>> The new prices are effective from today i.e. 16th April, 2021.

1:05 PM

DCM Shriram rallies 20% on heavy volumes, stock hit all-time high

Shares of DCM Shriram moved higher by 20 per cent to hit an all-time high of Rs 663.89 on the National Stock Exchange (NSE), in the intra-day trade on Friday, on the back of heavy volumes. The stock has surpassed its previous high of Rs 637, touched on May 23, 2019. At 12:39 pm, it was trading 17 per cent higher at Rs 651 compared to a 0.46 per cent rise in the Nifty50 index. Trading volumes on the counter jumped nearly four-fold with a combined 2.8 million equity shares changing hands on the NSE and BSE. READ MORE

DCM Shriram factory | Photo: Company website

12:55 PM

BUZZING STOCK:: JSW Energy zooms 8%

12:45 PM

Covid, ATF prices to push airlines into Rs 10,000 cr loss in FY22: Crisil

The second wave of Covid-19 pandemic has already resulted in slowdown in air traffic. Airlines are clubbing flights as booking volumes have slumped around 40 per cent. On Tuesday domestic air traffic fell to 183,331 (first time under 200,000 since last November). On Thursday the Mumbai airport announced consolidation of all operations at terminal 2 (T2) barely a month after shifting a few flights to T1. All domestic and international flights in Mumbai will now operate from T2 from April 21. READ MORE