Sensex ends at day's low, down 746 pts ; Bajaj Auto jumps 11%; RIL down 2%

Shares of Reliance Industries ended 2.4 per cent lower on Friday ahead of the announcement of its December quarter results. The shares have surged around 6 per cent during the week

9:05 AM

Nifty gains 17 points in pre-open session

9:04 AM

Pre-open Session :: Sensex slips marginally

9:02 AM

Bull Spread strategy on Britannia by Nandish Shah of HDFC Securities

Buy Britannia Jan 3650 Call at Rs 54 and simultaneously sell Jan 3800 Call at Rs 15

• Lot Size: 200
• Cost of the strategy: Rs 39 (Rs 7,800 per strategy)
• Maximum profit: Rs 22,200 if Britannia closes at or above 3,800 till 28 Jan expiry.
• Breakeven Point: Rs 3,689 | READ IN DETAIL

9:00 AM

Stocks to watch: RIL, YES Bank, Vedanta, HDFC Bank, SBI Card, Biocon

Q3 earnings: Reliance Industries, Yes Bank, Gland Pharma, JSW Steel, Oberoi Realty and V-Mart Retail are among 41 companies set to announce their quarterly earnings later today.

 

SBI Card: SBI Cards and Payment Services reported nearly 52 per cent dip in its net profit to Rs 210 crore in the third quarter ended December 2020, on higher provisioning.

 

HDFC Bank: Sebi imposed a penalty of Rs 1 crore on HDFC Bank for invoking securities pledged by stockbroker BRH Wealth Kreators in violation of the regulator's interim directions. READ MORE

 

8:54 AM

Oil drops as new COVID cases in China trigger clampdowns

-- Oil prices fell in early trade on Friday, retreating further from 11-month highs hit last week, on worries new pandemic restrictions in China will curb fuel demand in the world’s biggest oil importer.

 

-- U.S. West Texas Intermediate (WTI) crude futures dropped 47 cents, or 0.9%, to $52.66 a barrel at 0148 GMT, after slipping 18 cents on Thursday. Brent crude futures fell 45 cents, or 0.8%, to $55.65 a barrel, erasing a 2 cent gain on Thursday. (Source: Reuters)

8:52 AM

FIIs net buyers to the tune of Rs 1,600 cr; DIIs sell stocks worth Rs 1,000 cr

8:50 AM

BSE bulk deal data for Thursday

Click here to read more

8:49 AM

Bulk deal on NSE on Thursday

Click here to read in detail

8:42 AM

SGX Nifty update

 At 8:40 am, the index was at 14,582 levels, down 61 points

8:38 AM

Asian markets check

(Source: Reuters)

8:36 AM

US Markets check

On Wall Street, both the S&P 500 and Nasdaq closed at record highs, up 0.03 per cent 0.55 per cent, respectively, on Thursday, pushed upward by continued optimism about economic stimulus to counteract the Covid-19 pandemic promised by newly inaugurated US President Joe Biden. The Dow Jones, meanwhile, fell 0.04 per cent.

8:15 AM

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