9.44 am: Blue Star has entered into a Joint Venture (JV) in MEP contracting business with WJ Towell & Company LLC, Oman, by acquiring 51 per cent stake in the JV entity, Blue Star Oman Electro-Mechanical Company LLC. The share price of Blue Star was trading 1.49 per cent down at Rs 374. Sensex was down 2 points at 26,835.
9.40 am: Future & Option (F&O) total turnover stood at 5,16,209.36 crore on October 29 and the total number of contracts traded on the day were 1,96,23,236.
9.38 am: According to the data released by the NSE, the Foreign Institutional Investors (FIIs) were net buyers of Rs 2039.79 crore in index futures and options segments, as per Thursday’s data, October 29, 2015.
FIIs were net sellers of index futures to the tune of Rs 47.81 crore and they bought index options worth Rs 2087.60 crore. In the stock segment, FII’s were net sellers of stock futures worth Rs 997.74 crore, while they bought stock options worth Rs 3.48 crore.
9.16 am: Sensex was down 6.36 points at 26,831.78. Nestle India stocks will be in focus on Friday after the company post market hours on Thursday reported a 60.1 per cent decline in its standalone net profit at Rs 124.20 crore for the third quarter ended September 2015 after Maggi noodles controversy. Nestle shares were down 0.99 per cent at Rs 6,220 apiece in the early trade.
9.15 am: The BSE Sensex and NSE Nifty opened on a flat note on Friday. Sensex opened 40.34 points up at 26,878.48. Nifty opened 11.8 points up at 8,123.55.
Dr Reddy’s Lab will also be in focus as the drug major on Thursday reported 25.74 per cent increase in its consolidated net profit at Rs 721.89 crore for the second quarter ended September 30, 2015.
Global Markets
New York: US stocks ended slightly lower on Thursday as the market digested disappointing tech earnings reports and the potential for an interest rate hike in December.
London: Britain’s top share index fell on Thursday, underperforming European indexes, after a spate of disappointing earnings updates and a decline in copper prices that put pressure on mining shares.
Tokyo: Japanese stocks dipped in trade on Friday morning after the Bank of Japan announced that it would keep monetary policy steady.
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