MARKET WRAP: Sensex slips 216 pts as IT shares plunge; Nifty ends at 11,914

All that happened in markets today.

9:22 AM

NTPC up 3%, top gainer on Sensex

9:21 AM

Bharti Airtel dips 1%

9:19 AM

Heatmap: S&P BSE Sensex at open

9:18 AM

Nifty sectoral indices at open

9:17 AM

First trade

At 9:16, the S&P BSE Sensex was trading 78 points, or 0.2 per cent, higher at 40,653, and the broader Nifty50 index was down 13 points, or 0.1 per cent, at 11,954.

9:16 AM

Market at open

9:10 AM

Lack of clarity over Numaligarh refinery, investments key concerns for BPCL

The Bharat Petroleum Corporation (BPCL) stock scaled fresh heights on Thursday, after the Cabinet Committee on Economic Affairs approved the strategic disinvestment of the Centre’s entire stake in the fuel-retailing and -refining company. At first glance, investor euphoria in the counter seemed justified, given that divestment by the government would mean value unlocking and possibility of the company garnering higher valuations. READ MORE

9:02 AM

Market at pre-open

9:01 AM

Rupee opening

Rupee opens flat at 71.75/$ vs Thursday's close of 71.76 against the US dollar

8:59 AM

IPO ALERT | CSB Bank's IPO opens today; should you subscribe?

On Thursday, the bank mopped up Rs 184 crore from 24 anchor investors including Omers Administration Corporation OAC Custody Account (SCV6), ICICI Prudential MF, SBI MF, Aditya Birla Sun Life Trustee, Axis MF, Sundaram MF, HSBC, and Ashoka India Opportunities Fund.

 

According to a regulatory filing, the lender has finalised the allocation of 94,54,080 equity shares at Rs 195 per share. READ REPORT HERE

8:52 AM

Stocks to watch: Wipro, DHFL, BPCL, ONGC, BHEL, NTPC, telecom firms

Here's a look at the top stocks that may remain in focus today -

 

RITES: The government has proposed to sell 2.50 crore shares of RITES, representing 10 per cent of the total paid-up equity capital of the company, to non-retail investors on Thursday, and on Friday to retail investors, via OFS on the BSE and the NSE.

 

Telcos: The Cabinet decision to give a two-year moratorium to telecom companies for spectrum payment is too little, too late, senior executives said a day after the government announcement. READ MORE

8:48 AM

NEWS ALERT | Govt to sell up to 3.75 cr shares (15% equity) via OFS: RITES

-- To sell equity on November 22 & 25 at Rs 293.50/sh

Click here for OFS details

8:45 AM

NEWS ALERT | Morgan Stanley adds ITC & Motherson Sumi to it's 'Focus List'

-- Removes Asian Paints & CONCOR

(As reported by CNBC TV18)

8:41 AM

OIL, IOC may get Numaligarh refinery as govt 'wants to keep it' with a PSU

The strategic sale of 53.29 per cent in Bharat Petroleum Corporation (BPCL) would be done without Numaligarh Refi-nery (NRL), Finance Minister Nirmala Sitharaman said on Wednesday. So, the first hurdle before the government in the strategic sale of BPCL, for which it is running against time, would be the fast demerger of the Northeast-based refinery. READ MORE

8:36 AM

NEWS ALERT | Bharti & Voda Idea likely to file review applications against the AGR judgment of SC: sources to CNBC TV18

-- To file petition today at 4 pm