Indices end at record closing highs on Modi win hangover; Sensex up 623 pts

All that happened in the markets today

12:04 PM

SpiceJet receives three Boeing aircraft from BOC Aviation

Singapore-based aircraft leasing company BOC Aviation on Friday said it has delivered three Boeing B737-800 NG aircraft to Indian carrier SpiceJet. The three aircraft are powered by CFM56 engines.

 

"We are pleased to extend our relationship with our long-standing customer, SpiceJet, and to support its expansion in the vibrant Indian market," Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation, said. READ MORE

11:58 AM

NEWS ALERT | Fire reported at SAIL's Bhilai Steel Plant in Chhattisgarh: CNBC TV18

11:56 AM

Nifty Auto extends gains, up over 1%

11:53 AM

NEWS ALERT | Budget could include benefits for indigenous battery manufacturing for electric vehicles: CNBC TV18

11:52 AM

NEWS ALERT | Govt may bring vehicle scrappage policy in the budget: CNBC TV18 quoting sources

11:46 AM

Market check

11:46 AM

Market check

11:42 AM

NEWS ALERT | Meeting between Etihad and Hinduja likely next week: CNBC TV18

- Unsolicited bidders for Jet Airways have not been able to show proof of funds so far

- Adi Partners had offered approx Rs 2500 cr but banks to consider offer only if proof of funds shown.

11:39 AM

Bank of India up 4.5%

11:28 AM

Ashok Leyland gains 2% ahead of Q4 results

11:25 AM

Top Picks by Elara Capital

Large caps: Britannia, HDFC Bank, Hindustan Unilever, Maruti Suzuki, Reliance Industries, TCS, UltraTech Cement
 

Mid & small caps: Ashok Leyland, Crompton Consumer, Exide, Gujarat State Petronet , KEC International, MRF, Nestle, PNC Infratech, Shree Cement, Supreme Industries

(drawn from overweight and equalweight sectors)

11:19 AM

Anand Rathi on JB Chemicals

Rating: Buy
 

Target Price: Rs 455
 

Share Price: Rs 360

We expect return ratios and operating margins to improve further, coupled with positive cash-flows and its debt-free status, rendering valuations attractive as the stock currently trades at a discount to its peers. We maintain a Buy, with a higher target of `455 (earlier `416) based on14x FY21e earnings. Risks: More products under the NLEM, currency fluctuations and the changing regulatory environment.

 

 

11:14 AM

NEWS ALERT | NCLT approves amalgamation b/w Heinz India & Zydus Nurtitions: CNBC TV18

Alert: Both of these firms are subsidiaries of Zydus Wellness

11:11 AM

PSU Bank index surges

11:10 AM

Larsen & Toubro gains over 3%