MARKET WRAP: Sensex halts 4-day gaining streak, slips 164 pts; realty falls

All that happened in markets today

12:05 PM

Venky's slumps 6% post Q3FY20 results

11:55 AM

RESULTS IMPACT:: Hester Biosciences declines 3%

11:44 AM

India's insurance is one of Asia's better long-term stories: Chris Wood

Christopher Wood, global head of equity strategy at Jefferies has maintained a ‘reduced overweight’ rating on India in his ex-Japan portfolio for long-only investors. The rating comes after the presentation of the Union Budget on February 1, which according to him, lacked measures to prop-up the economy. Despite the introduction of optional personal income-tax (I-T) structure that lowered rates and took away most exemptions and deductions that individual taxpayers could avail, including that for life insurance products, Wood remains bullish on the Indian insurance sector. READ MORE

11:28 AM

MARKET UPDATE:: Sensex at day's low

11:25 AM

Aurobindo Pharma gains 5% post December quarter results

Shares of Aurobindo Pharma gained 5 per cent to Rs 538 on the BSE on Friday after the company’s operational revenues witnessed a strong growth of 11.9 per cent year-on-year (YoY) at Rs 5,895 crore in December quarter (Q3FY20). US revenue for Q3FY20 witnessed a growth of 22 per cent YoY to Rs 2,969 crore, accounting for 50.4 per cent of consolidated revenue. READ MORE  

11:15 AM

BUZZING STOCK:: Glenmark Pharma zooms 3%

11:06 AM

United Spirits trades higher for sixth straight day, hits 52-week high

Shares of United Spirits traded higher for the sixth straight day on Friday and rallied 5 per cent to Rs 690 on the BSE after reporting a strong set of numbers for the quarter ended December 2019 (Q3FY20). The stock of the Diageo-controlled breweries & distilleries company hit a 52-week high today. It was trading at its highest level since June 27, 2018. Thus far in the month of February, it has surged 11 per cent, against 1 per cent rise in the S&P BSE Sensex. READ MORE

10:59 AM

Pharma stocks gain

COMPANY	LATEST(rs)	CHG(rs)	CHG(%)	VOLUME
AUROBINDO PHARMA	545.00	34.20	6.70	245088
LUPIN	699.95	-20.55	-2.85	188965
SUN PHARMA.INDS.	434.00	3.05	0.71	134984
STRIDES PHARMA	499.75	6.10	1.24	116197
WOCKHARDT	343.35	1.75	0.51	78560

10:47 AM

Trent surges 7%, hits 52-week high post Q3 nos; revenue jumps 45%

Shares of Trent on Friday surged over 7 per cent to hit a fresh 52-week high of Rs 638 apiece on the BSE after the company announced third quarter results of the financial year 2019-20 (FY20). The company's consolidated revenue from operations jumped 45 per cent year-on-year (YoY) to Rs 988 crore. Total income during the quarter came in at Rs 1,028 crore, up 49 per cent YoY. READ MORE

10:34 AM

MARKET WATCH:: Nifty slips below 12,100 level

10:18 AM

IndusInd Bank off day's high

10:07 AM

Dabur, Nestle and Britannia: FMCG on course for Nifty inclusion hat-trick

Dabur India is the front runner to replace YES Bank in the Nifty, say analysts tracking index inclusion criteria. If the move materialises, the Ayurveda-focused firm will become the third straight fast-moving consumer goods (FMCG) stock to be added to the index. READ MORE

9:55 AM

Delhi poll outcome at best may see a knee-jerk reaction in markets

Outcome of the Delhi Assembly polls due February 11 can at best trigger a knee-jerk reaction in the markets that can be used to buy for the long-term, say analysts. Though they caution that the benchmarks may remain choppy on the outcome day and are not yet discounting a loss for the Narendra Modi – led Bharatiya Janata Party (BJP), the bigger issue for the markets is now a pick-up in the economy, growth in corporate earnings and global cues. READ MORE

Delhi Assembly Election 2020

9:42 AM

Power Grid slides in early trade

9:41 AM

Market check | Sensex slips 100 pts