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

All that happened in the markets today

11:00 AM

Broader markets are outperforming benchmark indices at this hour

- Nifty Mid, small caps are trading 0.8 and 0.7 per cent higher against Nifty50's gain of 0.3 per cent.

10:53 AM

Gruh Finance slips in trade

10:47 AM

RBI Rate Cut View by Prabhudas Lilladher

The next rate cut, according to market participants, is expected to be data-dependent. The RBI may want to see certain risks play out such as the general elections, uncertainty in oil prices, probability of El Nino effects in 2019 and the post-election Budget. Going forward, an early rate cut looks challenging, given that the best of food deflation is in the past.

10:46 AM

JSPL climbs over 3%

10:39 AM

Buzzing | Hindustan Aeronautics rallies over 4%

10:32 AM

Stock pick by Prabhudas Lilladher

10:27 AM

Elara Capital's suggestions for Modi 2.0 govt

The key action areas for the NDA government to steer the market are: 1) address the disquieting rural distress, 2) stem the drag on discretionary and staple consumption, 3) resolve bank balance sheet issues and recapitalize PSU banks to spur private capital expenditure, 4) initiate measures to infuse liquidity in the NBFC sector, which has a cascading effect on consumption & growth, and 5) sustain public infrastructure spending, plug the fiscal deficit sans crowding out private borrowing.

10:26 AM

NEWS ALERT | Narendra Modi's swearing-in ceremony on May 30, reports CNBC TV18 quoting sources

10:23 AM

KEI Industries nears record high; surges 25% in a week on strong Q4 results

KEI Industries shares were trading higher for the fifth straight day, up 4 per cent at Rs 486 on the BSE on Friday, after the company reported a strong operational performance in the March quarter (Q4FY19).
 

The stock was trading close to its all-time high level of Rs 495 touched on May 30, 2018. Thus far in the current week, it has rallied 25 per cent, as compared to a 2.6 per cent rise in the S&P BSE Sensex. In the past three months, it has surged 51 per cent against an 8.5 per cent gain in the benchmark index. READ MORE

10:18 AM

NIIT Tech slips over 1%

10:08 AM

Ashok Leyland climbs over 1% ahead of Q4 nos.

10:05 AM

Bank of India leads PSU Bank rally

10:04 AM

MARKET CHECK

10:02 AM

JMC Projects gains 11% after securing new orders worth Rs 616 crore

Shares of JMC Projects (India) surged 11 per cent to Rs 132 apiece in the opening trade on the BSE on Friday after the company secured new orders worth of Rs 616 crore for residential and commercial projects in South India.

 

The stock was trading close to its 52-week high level of Rs 142 - touched on May 29, 2018 - on the BSE in the intra-day trade. In comparison, the S&P BSE Sensex was up 0.41 per cent at 38,970 points. A combined 2,67,880 equity shares have changed hands on the counter on the BSE and NSE so far. READ MORE

10:00 AM

Bharat Electronics zooms over 6%