Financials, RIL lift indices; Sensex jumps 700 pts, Nifty ends at 10,092

All that happened in the markets today

9:34 AM

Broader market check

9:32 AM

YES Bank trades flat with positive bias

9:31 AM

Sterlite Technologies gains as govt mulls exclusion of Chinese gearmakers from supplying 4G telecom equipment

9:28 AM

Muthoot Finance climbs over 7%

>> Muthoot Finance Ltd (MFIN) on Wednesday reported a 52.4 percent jump in consolidated net profit at Rs 835.78 crore in the last quarter of the fiscal ended March 2020 due to higher demand for gold loans.

9:25 AM

Result Impact | IGL dips over 2%

9:23 AM

MTNL surges 7%

>> The Department of Telecommunications is learnt to have directed state-owned Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) to exclude Chinese gearmakers from supplying 4G telecom equipment.

9:21 AM

Sectoral trends on NSE at Open

9:19 AM

Sensex Heatmap at Open

9:18 AM

Opening Bell

9:17 AM

Opening Bell

9:08 AM

Top gainers and losers on the S&P BSE Sensex at Pre-open

9:07 AM

Markets at Pre-open

9:03 AM

Markets at Pre-open

9:00 AM

Stocks to watch: Telcos, banks, IGL, Pidilite Ind, Muthoot Finance, Thermax

Bharti Airtel, Vodafone Idea, banks: Telecom players, Bharti Airtel and Vodafone Idea, are expected to trade actively today as the Supreme Court is scheduled to hear the adjusted gross revenue (AGR) case later in the day. Banking counters may also remain in focus.

 

MTNL: The Department of Telecommunications is learnt to have directed state-owned Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) to exclude Chinese gearmakers from supplying 4G telecom equipment. Private telecom operators have been asked to consider staying away from such Chinese firms. READ MORE

8:54 AM

BROKERAGE VIEW :: Jefferies on HEG

Maintains 'Buy', Target price: Rs 1,200

>> Buy call based on inexpensive valuation

>>Q4 was subdued due to low demand, EBITDA impacted due to inventory write-down

>> Balance sheet remains robust with sizeable cash pile