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

All that happened in the markets today

9:28 AM

Rupee opens 27 paise higher at 69.75 against US dollar

The rupee opened 27 paise higher at 69.75 against the US dollar on Friday amid weak global cues. The domestic unit surrendered all its early gains and closed 36 paise lower at 70.02 on Thursday after investors looked past the euphoria over BJP's election victory and shifted focus to macro-economic developments that will set the tone for the forex market going ahead. READ MORE

9:26 AM

Bank stocks trade in the green

COMPANY NAME	LATEST	HIGH	LOW	CHG (rs)
YES BANK	142.35	142.45	140.55	2.55
BANK OF BARODA	130.95	131.00	129.05	3.45
ST BK OF INDIA	348.00	348.00	344.50	5.70
PUNJAB NATL.BANK	85.25	85.30	84.50	1.45
SOUTH IND.BANK	14.05	14.05	14.00	0.15
ICICI BANK	415.40	415.40	413.40	4.80
UNION BANK (I)	71.00	71.00	70.05	1.00
BANK OF INDIA	91.65	91.85	90.00	2.55
FEDERAL BANK	104.00	104.05	103.00	1.60
IDFC FIRST BANK	42.40	42.50	42.25	0.30

9:23 AM

YES Bank gains 1.3%

9:22 AM

Reliance Nippon Life slips over 3%

-- The company's promoter Reliance Capital will do an OFS (offer-for-sale) for 8.66 per cent of its stake in Reliance Nippon Life Asset Management (RNAM) at a floor price of Rs 218 per share.

9:21 AM

NEWS ALERT | Gruh Finance slips 6% after 2% equity changed hands in block deal

9:20 AM

Nifty sectoral indices at open

9:19 AM

Market at open

9:17 AM

Market at open

At 9:17 AM, the S&P BSE Sensex was trading at 39,211, up 400 points while the broader Nifty50 was ruling at 11,748, up 91 points.

9:14 AM

9:12 AM

NEWS ALERT | See headwinds for Re appreciation in near-term: Sameer Goel, Deutsche Bank to CNBC TV18

9:11 AM

BJP's victory to improve biz sentiment, boost pvt investment: Fitch

The BJP's "apparent landslide victory" is likely to improve business sentiment and outlook for private investment, Fitch Ratings said Thursday.

 

It said that from a credit rating perspective, Fitch would focus on the extent of the next government's efforts to improve India's weak fiscal finances. READ MORE

9:08 AM

NEWS ALERT | JMC Projects secures residential & commercial projects in South India: CNBC TV18

- Projects worth Rs 616 cr

9:03 AM

Nifty opens higher in preopen

9:02 AM

Market at pre-open

9:01 AM

Rupee opening

Rupee opens higher at 69.75/$ vs Thursday's close of 70.01 against the US dollar