3:17 p.m.: Inox Leisure shares surge 6.4 per cent to Rs 208 after the company reported first quarter numbers.
3:10 p.m.: Banking and metal stocks have extended losses in the late noon deals. Meanwhile, select oil & gas and real estate stocks were also facing some amount of selling.
3:00 p.m.: Nifty 8,500 strike price put option was the most active put option contract on the NSE. The premium on the contract was down 9.4 per cent at Rs 36.50. 1.6 million Shares were added to the open interest of 6.8 million shares.
2:35 p.m.: The markets were trading on a flat note with a positive bias. The Sensex was up 60 points at 28,506 and Nifty jumped 16 points to 8,624.
Meanwhile, banking shares continued to face a mild selling pressure on the back of profit-booking. Select real estate stocks were also trading with a negative bias. On the other hand, technology, power, FMCG and pharma stocks were witnessing buying interest.
2:10 p.m.: The markets broke out of the narrow trading range in the noon deals. The Sensex was up 90 points at 28,535 and the Nifty advanced 25 points to 8,633.
2:05 p.m.: "People were thinking FDI caps and all these caps and sub-limits are being removed in one go."
"Then the fine print says that actually for the sectors there will be sub-limits which means that banks, insurance etc. will still not be beneficiary as many people were believing," Daljeet Kohli, head of research at IndiaNivesh Securities told Reuters.
1:57 p.m.: Buying was visible in power, IT, capital goods, FMCG and pharma stocks. While, select banking shares were facing heat of selling pressure.
1:44 p.m.: Markets continued to trade in a rangebound fashion. The Sensex jumped 54 points to 28,500 and the Nifty was up 16 points at 8,624.
1:35 p.m.: Rajesh Exports shares have surged nearly 80 per cent in last one month on the back of new orders. Meanwhile, Rajesh Mehta, chairman of Rajesh Exports told NDTV that the company the company is looking to acquire a gold mining company in Europe for backward integration.
1:18 p.m.: Crompton Greaves gains 2.3 per cent to hit intraday high of Rs 197.25 after the company said that it has signed a new contract to provide smart grid infrastructure to Saudi Electricity Company for $8 million.
1:05 p.m.: The release of Salman Khan-starrer Bajrangi Bhaijaan has lifted shares of Eros International and PVR.
Shares of Eros International were up as much as 5 per cent at day's high of Rs 636. Eros has the global distribution rights of Bajrangi Bhaijaan, the company had said in a release to BSE earlier. Shares of multiplex operator PVR also rose nearly 4 per cent at its day's high of Rs 787.
