Sensex up 4.4% in 2022; ends last trading day 293 pts lower at 60,841

CLOSING BELL: The NSE Nifty 50 declined 86 points to 18,105, and was up 4.3 per cent for the year 2022. Broader indices - the BSE Midcap and Smallcap outperformed in trades on Friday.

9:17 AM

Opening Bell: Sensex opens 100 points higher

9:10 AM

PRE-OPEN: Nifty may start with 50 pts gain

9:08 AM

PRE-OPEN SESSION: Sensex gains 200 pts in pre-mkt trade

9:02 AM

CURRENCY ALERT: Rupee opens 2 paise stronger at 82.78/$

9:00 AM

F&O Call: Nandish Shah recommends Bull Spread strategy on Bharat Forge

The derivative analyst from HDFC Securities recommends to Buy Bharat Forge 880 Call and simultaneously Sell 900 Call for the January expiry. Read more

8:57 AM

Metro Brands, Bayer Crop are ready for range breakout, says Mehul Kothari

According to the technical analyst from Anand Rathi, Metro Brands can rally to Rs 910; while Bayer Cropscience can surge to Rs 5,200. Read more

8:54 AM

Stocks to Watch: Elin Electronics, Cipla, Eicher Motors, RIL, Banks, Pharma

Elin Electronics: The stock is likely to make a quiet debut on the bourses, as indicated by the Grey Market Premium. The company fixed the issue price at Rs 247, and the IPO was subscribed 3.1 times.

 

Eicher Motors: The parent company of Royal Enfield announced a strategic collaboration in the space of electric motorcycles with Spain-based Stark Future SL. The former will be investing €50 million for close to 10.35 per cent equity stake in Stark Future. Read more

8:51 AM

Nifty outlook: Breach above 18,250 will establish conviction

Nifty has maintained the crucial support zone of 18,000 levels in the first half of the trading session despite a weak opening session on Thursday.

It gathered momentum in the later half to race to 18200 levels on the expiry day of the F&O segment with bias still maintained positive. It is seen gaining strength gradually and a decisive breach above 18250 zone shall establish some conviction.

Views by Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher

8:48 AM

PVR-INOX merger should get done by Feb next year: Director Siddharth Jain

The merger of the country's largest and second-largest multiplex chains, PVR and Inox, is on track to be completed by the end of the current financial year, Siddharth Jain, director of the Inox group. Read more

8:44 AM

DIIs counter foreign outflows: Buy Rs 516 crore of shares Thursday

8:42 AM

Equities record Rs 573 crore of FPI selling on Thursday

8:39 AM

Mamaearth parent files papers for IPO, co-founders to dilute stake

The IPO will be a combination of a fresh issue of Rs 400 crore and an offer-for-sale (OFS) of 46.8 million shares. Investors, including co-founders, Varun Alagh and Ghazal Alagh Sofina Ventures SA, Evolvence, Fireside Ventures, Stellaris Venture Partners, Snapdeal founder Kunal Bahl, actor Shilpa Shetty Kundra, Rishabh Harsh Mariwala and Rohit Kumar Bansal will dilute their holdings. Read more

8:36 AM

Reliance Consumer Products to acquire majority stake in Lotus Chocolate

It will also make an open offer to acquire up to 26 per cent stake in Lotus. Read here

8:33 AM

SGX Nifty futures trade higher; hint at positive open

8:29 AM

Brent Crude down 1% to $82 per bbl, WTI slightly higher