All the sectoral indices are trading in green led by metal, energy, infra, IT, pharma and auto.

Mar 29, 10:11 AM (IST)
Credit Suisse on Bank of Baroda: The research house maintained underperform rating but raised target to Rs 115 from Rs 105 per share.

It remain cautious on slower growth and await further clarity on outlook & management continuity at the merged company.

Research house cut EPS estimate by 23-38% as its incorporate merged numbers.

Mar 29, 10:03 AM (IST)
Buzzing: Shares of Andhra Bank surged almost 2 percent after the public sector bank issued equity shares worth Rs 3,256 crore to the government.

Mar 29, 09:42 AM (IST)
Gold Update: Gold inched up on Friday, but was on track for its first weekly decline in four weeks after posting its steepest fall in more than seven months in the previous session on a strong dollar.

Mar 29, 09:34 AM (IST)
PNB to offload its stake in PNB Housing: Punjab National Bank has entered into agreements for sale of 1,08,91,733 equity shares held in PNB Housing Finance (PNBHF) to General Atlantic Group at a per share price of Rs 850 aggregating to Rs 925.80 crore.

Also, sale of 1,08,91,733 equity shares held in PNBHF to VardePartners at a per share price of Rs 850 aggregating to Rs 925.80 crore.

Meanwhile, PNB would continue to hold strategic stake of 19.78 percent of the paid up capital of PNBHF.

ar 29, 09:25 AM (IST)
Crude Update: Oil prices rose on Friday, pushed up by ongoing supply cuts led by producer club OPEC and US sanctions against Iran and Venezuela, putting the crude markets on pace to post their biggest first quarter gain since 2009.

Mar 29, 09:19 AM (IST)
Market Opens: It is a strong start for the April F&O series on Friday with Nifty above 11,600 level.

At 09:18 hrs IST, the Sensex is up 171.30 points or 0.44% at 38717.02, and the Nifty up 49.60 points or 0.43% at 11619.60. About 592 shares have advanced, 203 shares declined, and 50 shares are unchanged.

The gainers are IOC, Indiabulls Housing, Hindalco, Wipro, Tech Mahindra, RIL, BPCL, Can Fin Homes, Vodafone Idea, Jet Airways, PFC, REC while losers include Axis Bank, IndusInd Bank, Eicher Motors, SBI life and Motherson Sumi.

All the sectoral indices are trading in green led by metal, energy, infra, IT, pharma and auto.

Mar 29, 09:08 AM (IST)
Rupee Opens: The Indian rupee gained in the early trade on Friday. It opened higher by 10 paise at 69.24 per dollar versus previous close 69.34.

Mar 29, 09:03 AM (IST)
Market at pre-open: The benchmark indices are trading positive in the pre-opening session on Friday.

At 09:02 hrs IST, the Sensex is up 138.14 points or 0.36% at 38683.86, and the Nifty up 55.50 points or 0.48% at 11625.50.

Yes Bank, Kotak Mahindra Bank, HDFC Bank are trading higher in the pre-opening session.

source: moneycontrol.com