MARKET WRAP: Indices end flat, Sensex slips 27 pts; Suzlon Energy gains 31%
In the broader market, the S&P BSE MidCap index gained 54 points, or 0.38 per cent to 14,170, while S&P BSE SmallCap index settled at 13,518, up 104 points, or 0.77 per cent.
 "Mumbai Police's Economic Offences Wing fresh notices to 300 NSEL brokers")
The benchmark indices settled flat on Friday amid a rise in automobile and metal stocks. The S&P BSE Sensex ended at 35,871, down 27 points, while the broader Nifty50 index settled at 10,792, up 2 points.
Among sectoral indices, Nifty Auto index rose 1.5 per cent driven by gains in Motherson Sumi Systems and Tata Motors. The Nifty Metal index, too, rose 1.65 per cent led by Jindal Stainless (Hisar) and Welspun Corp.
Among sectoral indices, Nifty Auto index rose 1.5 per cent driven by gains in Motherson Sumi Systems and Tata Motors. The Nifty Metal index, too, rose 1.65 per cent led by Jindal Stainless (Hisar) and Welspun Corp.
In the broader market, the S&P BSE MidCap index gained 54 points, or 0.38 per cent to 14,170, while S&P BSE SmallCap index settled at 13,518, up 104 points, or 0.77 per cent.
Buzzing Stocks
Shares of Reliance Nippon Life Asset Management surged 20 per cent to Rs 224 in intra-day trade, rallying 44 per cent in past two trading sessions on the BSE, after Reliance Capital decided to put its stake in the company up for grabs. The stock settled at Rs 199, up 6.3 per cent on Friday.
Suzlon Energy jumped 31 per cent to end at Rs 5.80 on the BSE. In intra-day deals, the stock had touched a high of Rs 6.15, rallying 68.5 per cent in the past two trading sessions from a level of Rs 3.65 on Wednesday.
Global Markets
Shares in Asia slipped on Friday as a deteriorating global economic outlook outweighed further signs of progress in trade talks between China and the United States.
After inching higher in early trade, MSCI's broadest index of Asia-Pacific shares outside Japan fell into the red as more markets opened across the region, dipping 0.1 per cent. Chinese blue-chip shares were down 0.1 per cent in late-morning trade after briefly breaking into positive territory. Seoul's Kospi lost 0.3 per cent. Shares in Taiwan were also 0.3 per cent lower. Japan's Nikkei was down 0.4 per cent.
(with Reuters input)
3:35 PM
Sectoral trends on NSE
3:34 PM
Top gainers and losers of the day on S&P BSE Sensex
3:33 PM
Market at close
The S&P BSE Sensex ended at 35,871, down 27 points while the broader Nifty50 index settled at 10,792, up 2 points.
3:24 PM
Gold prices rise on trade talk optimism; Fed stance limits gains
Gold inched up on Friday as optimism over US-China trade talks pressured the dollar, but signs that the US Federal Reserve could raise interest rates again this year kept prices below a 10-month high hit earlier this week. Spot gold had risen 0.2 percent to $1,325.52 per ounce. The metal was headed for a second straight weekly rise, up almost 0.4 percent this week. US gold futures were subdued at $1,328.1 per ounce. READ MORE
3:03 PM
» More on Top Gainers
Top gainers in BSE 500
| COMPANY | PRICE(rs) | CHG(rs) | CHG(%) | VOLUME |
| SUZLON ENERGY | 5.60 | 1.17 | 26.41 | 16836864 |
| TAKE SOLUTIONS | 113.50 | 14.50 | 14.65 | 124988 |
| INOX WIND | 72.00 | 8.50 | 13.39 | 90117 |
| RAIN INDUSTRIES | 105.45 | 9.55 | 9.96 | 144255 |
| INDIABULLS INTEG | 265.15 | 21.70 | 8.91 | 61051 |
2:47 PM
Asia's surging fuel exports depress refining industry profits
Asia's biggest oil consumers are flooding the region with fuel as refining output is exceeding consumption amid a slowdown in demand growth, pressuring industry profits.
Since 2006, the Asia-Pacific has been the world's biggest oil consuming region, led by traditional industrial users South Korea and Japan along with rising economic powerhouses China and India. READ MORE
2:33 PM
Top gainers and losers on S&P BSE Sensex
2:19 PM
SPECIAL REPORT :: What FPIs, MFs bought & sold in the December quarter
FPIs sold equities worth Rs191 bn in the quarter ended December 2018. FPI ownership in the BSE-200 Index was steady at 23.6% in the December quarter.
Highest increase in stake
· FPIs – Bharat Financial Inclusion, Divi’s Laboratories and Just Dial
· MFs – J K Cement, Axis Bank and CG Power and Industrial
· BFIs –IDBI, Ashok Leyland and Kalpataru Power Transmission
Highest decrease in stake
· FPIs – HCG, Vakrangee and Yes Bank
· MFs – Schaeffler India, Bharat Financial Inclusion and Arvind
· BFIs – Ujjivan Financial Services, National Aluminium Co. and Punjab National Bank
Key sectoral changes
· FPIs – sold banks, IT services and oil, gas & consumable fuels
· MFs – bought banks, IT services and oil, gas & consumable fuels
· BFIs – bought banks, oil, gas & consumable fuels and automobiles & components
Overweight/underweight sectors
· FPIs were overweight on banks and diversified financials; underweight on consumer staples and oil, gas & consumable fuels
· MFs were overweight on banks and capital goods; underweight on consumer staples and oil, gas & consumable fuels
2:15 PM
Just In | Adani Defence bags UAV contract from Indian Army worth $2 billion: Agencies
2:09 PM
Market check
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First Published: Feb 22 2019 | 8:12 AM IST