Nifty ends above 10,250, up 1.4% for the week; Sensex ends 301 pts higher
All that happened in the market today
 "MARKETS LIVE: Nifty, Sensex, BSE, NSE, Bitcoin, Asian shares, equity")
Bonds, Stock markets, Shares, Trading
Benchmark indices rose for the second straight session on Friday amid hopes the ruling Bharatiya Janata Party (BJP) would win critical state elections in Gujarat beginning this weekend, while automakers gained on reports of an expected price hike next year.
The election in Prime Minister Narendra Modi’s home state is a key test for the BJP, ahead of general elections in 2019. The results will be out later this month.
According to polls, the BJP could win, but with a reduced majority - an outcome that would still soothe investors, who are hoping for more political stability and have largely welcomed Modi’s reform agenda.
Globally, Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations while bitcoin, the market’s new crypto-star, tumbled more than 10 percent after a meteoric ascent in recent weeks.
3:42 PM
Nifty Chart of the day
Source: NSE
3:41 PM
Nifty Bank up 1%
Source: NSE
3:39 PM
Sectoral Trend
Source: NSE
3:38 PM
Top Sensex gainers and losers
Source: BSE
3:36 PM
Broader Markets
Broader markets were in line with the frontline indices with BSE Midcap up 0.9% and BSE smallcap up 1%
Broader markets were in line with the frontline indices with BSE Midcap up 0.9% and BSE smallcap up 1%
3:34 PM
Markets at Close
The S&P BSE Sensex ended at 33,250, up 301 points while the broader Nifty50 index settled at 10,265, up 98 points
The S&P BSE Sensex ended at 33,250, up 301 points while the broader Nifty50 index settled at 10,265, up 98 points
3:20 PM
Govt to seek court approval to take control of Unitech; stock surges 20%
Unitech was locked in upper circuit of 20% at Rs 7.29 on the BSE with no sellers seen on the counter after media report suggested that the government to seek court approval to take control of the realty major.
The Exchange has sought clarification from Unitech with respect to news article appearing on www.business-standard.com on December 08, 2017 about the said report. The reply is awaited. READ MORE
3:12 PM
TCS tops MOSL's wealth creation list; Coal India, Bhel wealth destroyers
Tata Consultancy Services (TCS) has emerged as the biggest wealth creator during 2012–2017, finds the latest Motilal Oswal Wealth Creation Study by Raamdeo Agrawal, co-founder and joint managing director of the group.
"TCS has emerged as the biggest wealth creator for the period 2012-17, retaining the top spot it held in the previous four study periods (2011-16, 2010-15, 2009-14 and 2008-13). Reliance Industries (RIL) has muscled its way to the third position after not featuring in the wealth creators list in the previous study," the findings suggest.
The study defines wealth created as the difference in market capitalisation over a period of past five years, after adjusting for equity dilution. READ MORE
3:01 PM
Market Check at 3 pm
| Index | Current | Pt. Change | % Change |
| S&P BSE SENSEX | 33,273.57 | +324.36 | +0.98 |
| S&P BSE SENSEX 50 | 10,714.38 | +103.91 | +0.98 |
| S&P BSE SENSEX Next 50 | 35,763.20 | +400.24 | +1.13 |
| S&P BSE 100 | 10,753.28 | +106.98 | +1.00 |
| S&P BSE Bharat 22 Index | 3,707.62 | +33.04 | +0.90 |
2:48 PM
Balkrishna Industries, Vakrangee rally up to 39% post bonus announcement
Shares of Balkrishna Industries and Vakrangee hit their respective new high on Friday, up 39% after their respective boards declared bonus issue to their existing shareholders. Both these stocks have outperformed the market by wide margins post bonus announcements. READ MORE
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First Published: Dec 08 2017 | 3:30 PM IST