All the sectoral indices are trading in green. Midcap and smallcap indices are trading with marginal gains.

Apr 12, 09:53 AM (IST)
SpiceJet to add 16 Boeing 737-800 aircraft: Shares of SpiceJet rallied nearly 8 percent after the budget carrier said that it will induct 16 Boeing 737-800 aircraft to its fleet.

Apr 12, 09:44 AM (IST)
Buzzing: Share price of Lumax Auto Technologies rose more than 5 percent as company entered into a joint venture agreement with German company.

Apr 12, 09:25 AM (IST)
Brokerages View: Source: CNBC-TV18

CLSA on Tata Motors
Tata Motors broke out its 2018-2019 basing pattern with recent move
Expect 50% upside which was reinforced this week with move above 200 DMA

CLSA on Lemon Tree
Maintain buy call, target at Rs 89 per share
Key Acquisition, New Management Contract Opportunities to Help Gain Scale

Morgan Stanley on Avenue Supermarts
Initiate at underweight, target at Rs 1,120 per share
Rising competition may blunt DMart’s first-mover advantage

HSBC on Motherson Sumi
Maintain buy call, target cut to Rs 170 from Rs 233 per share
Target price factors in slower car market

HSBC on Shriram Transports
Maintain buy rating, target at Rs 1,450 per share
Lack of clarity on group’s restructuring plan an overhang

Maybank on Bharti Airtel
Maintain hold, target raised to Rs 340 from Rs 300 per share
Target reflects replacement value of fibre assets at Rs 38 per share

Apr 12, 09:18 AM (IST)
Market Opens: Benchmark indices opened flat with positive bias on Friday with Nifty above 11,600 mark.

At 09:17 hrs IST, the Sensex is up 58.09 points or 0.15% at 38665.10, while Nifty is up 20 points or 0.17% at 11616.70. About 452 shares have advanced, 303 shares declined, and 31 shares are unchanged.

IOC, TCS, Infosys, ONGC, HPCL, BPCL, Tata Steel, RIL, Wipro, Power Grid, Cipla, Bajaj Finance are among major gainers, while losers are HCL Tech, Tata Motors, HDFC, Dr. Reddy’s Lab, Adani Ports and Yes Bank.

All the sectoral indices are trading in green. Midcap and smallcap indices are trading with marginal gains.

Apr 12, 09:06 AM (IST)
Rupee Opens: The Indian rupee opened lower by 12 paise at 69.04 per dollar on Friday versus previous close 68.92.

source: moneycontrol.com