Among sectors, metal index is under pressure, while some buying seen in auto, FMCG, infra and IT stocks.

Feb 01, 10:07 AM (IST)
Jet Airways accepted Etihad offer: Jet Airways’ shares soared over 13 percent based on a buzz that the airline has accepted an offer from Etihad. Naresh Goyal, its promoter is set to step down, CNBC-TV18 reported, quoting agencies.

Feb 01, 09:39 AM (IST)
Budget Updates The Interim Budget will be presented at 11 am. Stay tuned to our special live blog on all the action from the Budget.

Feb 01, 09:56 AM (IST)
Buzzing: Shares of NCC added 2.7 percent after company received new orders worth Rs 4,089 crore. The company has received nine new orders totalling to Rs 4089.7 crore (exclusive of GST) in the month of January, 2019.

Feb 01, 09:38 AM (IST)
BoI, OBC, Bank of Maharashtra rally 4-14%: Bank Of India and Oriental Bank of Commerce rallied 4 percent each, and Bank of Maharashtra gained 14 percent in morning on Friday after the Reserve Bank of India removed these state-owned banks from its weak-bank watch list, a move that will lift lending restrictions on them.

Feb 01, 09:30 AM (IST)
Vedanta tumbles 18%: Shares of Vedanta fell around 18 percent on Friday morning as investors turned wary of the stock after financial results.

​Vedanta has reported a 21 percent on year decline in third quarter consolidated profit to Rs 1,574 crore due to lower commodity prices and shutdown of copper smelter at Tuticorin.

Revenue from operations during the quarter dropped 2.8 percent to Rs 23,669 crore compared to year-ago. The sequential profit was up 17 percent and revenue up 4 percent.

Feb 01, 09:18 AM (IST)
Market Opens: It is firm opening for the benchmark indices ahead of Budget announcement with Nifty holding above 10,850 level.

The Sensex is up 83.63 points or 0.23% at 36340.32, and the Nifty up 29.30 points or 0.27% at 10860.30. About 458 shares have advanced, 275 shares declined, and 34 shares are unchanged.

Dabur, Bharti Airtel, UPL are trading higher, while Vedanta tumbled 14 percent.

Banking stocks including Bank of India, OBC, Bank of Maharashtra gained 4-14% after RBI lift the lending curbs.

Piyush Goyal, the interim finance minister, is going to present the interim budget for 2019-20 in parliament today.

Feb 01, 09:08 AM (IST)
Rupee Opens: The Indian rupee opened higher at 71 per dollar on Friday against previous close 71.08.

Feb 01, 09:03 AM (IST)
Market at pre-open: Benchmark indices are trading firm in the pre-opening session with Nifty around 10,850 level.

The Sensex is up 50.69 points at 36307.38, while Nifty is up 36.90 points at 10867.90.

Vedanta plunges 6%, while UPL, M&M, SBI, Escorts are trading higher in pre-opening session.

source: moneycontrol.com