Bulls return to D-St after 6 days; Sensex up 642 pts, Nifty tad below 14750

Mood on D Street changed after Moody's Analytics said India's economy is likely to grow by 12 per cent in CY2021 following a 7.1 per cent contraction last year

9:06 AM

Markets at Pre-open

9:04 AM

Markets at Pre-open

8:59 AM

Top stocks to watch today

Easy Trip Planners: The shares will list on the bourses today. The IPO that was subscribed 159 times was quoting in the grey market at a 70 per cent premium, as per unlisted market watchers.

 

IT stocks: Shares of IT firms will be in focus after Accenture raised its guidance for the FY21 to 6.5-8.5% from 4-6% earlier, suggesting that Indian IT companies could also report robust growth for the March quarter next month. READ MORE

8:53 AM

Dilip Buildcon in focus

Dilip Buildcon gets letter of acceptance from NHAI for 2 Hybrid Annuity Mode (HAM) projects worth Rs 2,241 cr in Puducherry & Tamil Nadu

8:49 AM

Top trading ideas by Anand Rathi Shares

BUY AMBUJA CEMENTS LTD | TARGET: Rs 298 | STOP LOSS: Rs 270

 

The stock is in the cycle of higher highs, higher lows and is highly poised to test its all-time high zone in the coming future. In the past couple of sessions, it has seen some correction and is currently placed near its 21-DEMA on daily chart, from where it is expected to see some resurgence. Even on indicator front, the MACD is comfortably placed above its signal-line and the 14-period RSI is soaring northwards, affirming that the stock may surge in the coming future. READ MORE

8:44 AM

Bulk deals on the BSE as on Thursday

Click here for complete list

8:40 AM

Bulk deals on the NSE as on Thursday

Click here for complete list

8:35 AM

FII/FPI & DII trading activity on NSE, BSE and MSEI

8:30 AM

Rupee check

Source: Bloomberg

8:28 AM

Oil steadies but Europe pandemic outlook knocks demand hopes

Oil prices edged up on Friday, but were still down more than 8% for the week as a new wave of COVID-19 infections across Europe spurred fresh lockdowns and dampened hopes that an anticipated recovery in fuel demand would come soon.

Prices plunged 7% on Thursday, falling for a fifth day in a row amid concerns about slowing vaccination programmes in Europe, even if infections have plummeted in the United States, the worst-hit country and biggest crude consumer.

 

US crude was up 10 cents, or 0.2%, at $60.10 a barrel. Brent crude was up 18 cents, or 0.3%, at $63.46 a barrel.

(Source: Reuters)

8:24 AM

Gap-down start

>> At 8:23 am, the SGX Nifty was quoting 109 points, or 0.75 per cent, at 14,486 levels.

 

8:20 AM

Wall Street update

On Wall Street, the Dow Jones fell 0.46 per cent, the S&P 500 lost 1.48 per cent, and the Nasdaq dropped 3 per cent

8:15 AM

Asian markets check

Asian share markets eased on Friday as a spike in global bond yields soured sentiment toward richly priced tech stocks, while a stampede out of crowded positions in crude oil caused the sharpest setback in months. Having plunged 7 per cent overnight, and Brent crude futures were down another 38 cents at $62.90 a barrel.

 

Japan’s Nikkei dipped 0.7 per cent and South Korea 1 per cent in Friday's early deals. MSCI’s broadest index of Asia-Pacific shares outside Japan followed with a fall of 0.5 per cent as yields on US 10-year notes spiked to the highest since early 2020 at 1.754 per cent.

8:13 AM

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