The BSE Sensex and NSE Nifty opened in red on Friday tracking weak global cues. Sensex opened 39.11 points down at 25764.67, while Nifty opened 15.45 points down at 7,828.90. (Photo: PTI)
10.26 am: Jyoti Ltd has won the prestigious order worth Rs 139 crore from DRN Infrastructure, Hubli, Karnataka for design, manufacturing, supply, erection, testing and commissioning of 5 Nos. Metallic Volute Pumps along with allied Mechanical, electrical and instrumentation equipment, 220 KV Sub-Station, Tools-Tackles, Spares for TubchiBableshwar Lift Irrigation Scheme under Karnataka Neeravari Nigam. The share price price of Jyoti Ltd was trading 14.78 per cent up at Rs 71.45. Sensex was down 74.56 points at 25,729.
10.13 am: Sensex was down 88 points at 25,715.77. Nifty was down 31.60 points at 7,812.70.Brokers said that apart from profit-booking in recent gainers, weak trend at other Asian bourses, tracking overnight losses at the US markets, mainly influenced the sentiment.
10.00 am: TAKE Solutions share price fell as much as 3.45 per cent in the early trade on Friday after the IT major on Thursday post market hours said that the recent floods in Chennai will impact its revenue and margins for the quarter ended December 31, 2015.
9.34 am: The rupee depreciated 10 paise to 66.52 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange due to appreciation of the American currency in global markets. Sensex was down 40.10 points at 25,763. Nifty was down 13 points at 7,831.30.
9.17 am: Sensex was down over 70 points at 25739. Nifty was down 23.75 points at 7820.60. Stocks of Eros International were trading over 2 per cent up at Rs 265.65 following the release of the Bollywood movie Bajirao Mastani, for which Eros International is a distributor.
9.15 am: The BSE Sensex and NSE Nifty opened in red on Friday tracking weak global cues. Sensex opened 39.11 points down at 25764.67, while Nifty opened 15.45 points down at 7,828.90.
Asian shares took their cue from Wall Street and slipped on Friday, but were still on track for gains in a week marked by a depreciating yuan in China and the first US interest rate hike in nearly a decade.
Wall Street dropped on Thursday as crude oil futures continued to wallow at multi-year lows against a backdrop of oversupply as well as a stronger dollar following the US Federal Reserve’s widely anticipated tightening on Wednesday.
Back home, taking the US Fed rate hike as a sign of confidence, the benchmark Sensex on Thursday climbed for the fourth straight day as it closed over 309 points up at 25,803.78 — its biggest single-day gain in about a month.
The 50-share NSE Nifty recaptured the 7,800-mark by surging 93.45 points, or 1.21 per cent, at 7,844.35.
Maruti Suzuki will remain in focus on Friday as the car maker on Thursday post market hours announced receipt of approval from its minority shareholders to let its Japanese parent Suzuki invest and own upcoming plant in Gujarat, where a total investment of Rs 18,500 crore has been envisaged in the long term.
TAKE Solutions will also remain in focus as the IT firm on Thursday said the recent floods in Chennai will impact its revenue and margins for the quarter ended December 31, 2015.
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