- Asian Paints extends loss into 8th day on report RIL mulls stake sale
- RBL Bank gains 4% on strong Q4 operating performance; analysts maintain buy
- HUL surges 4% after Societe Generale buys 129 million shares via bulk deal
- Dr Reddy's hits 52-week high after USFDA issues EIR for Srikakulam facility
- RIL trades 3% higher on Vista Equity deal; rallies 30% in one month
- Stocks to watch: RIL, Tata Motors, RBL Bk, Adani Gas, SBI Cards, SKF India
- ICICI Bank Q4 preview: Profit may jump 3x YoY, loans under moratorium eyed
- MARKET LIVE: Indices hold gains, Sensex zooms 400 pts; pharma stocks up
- Market Ahead, May 8: All You Need To Know Before The Opening Bell
- Lockdown 3.0: Banks may need more regulatory support amid Covid-19 crisis
MARKET LIVE: Indices hold gains, Sensex zooms 400 pts; pharma stocks up
Catch all the live market updates here
Topics
MARKET LIVE | Markets | Reliance Industries
SI Reporter |
Last Updated at May 8, 2020 12:20 IST
EVENT HIGHLIGHTS
Photo: Shutterstock.com
The Indian markets advanced on Friday, in line with their Asian peers, with Reliance Industries and ICICI Bank leading the gains.
Reliance Industries rose 4 per cent after PE firm, Vista Equity Partners, said it will buy a 2.3 per cent stake in Jio Platforms for Rs 11,367 crore. READ MORE
Among headline indices, the S&P BSE Sensex surged 463 points to around 31,910 levels and the Nifty50 index was up 145 points to 9,340. Apart from RIL, ICICI Bank also gained 4 per cent, followed by IndusInd Bank, which was 3 per cent.
All the Nifty sectoral indices were trading in the green, led by Nifty Pharma index, up 2 per cent.
Reliance Industries rose 4 per cent after PE firm, Vista Equity Partners, said it will buy a 2.3 per cent stake in Jio Platforms for Rs 11,367 crore. READ MORE
Among headline indices, the S&P BSE Sensex surged 463 points to around 31,910 levels and the Nifty50 index was up 145 points to 9,340. Apart from RIL, ICICI Bank also gained 4 per cent, followed by IndusInd Bank, which was 3 per cent.
All the Nifty sectoral indices were trading in the green, led by Nifty Pharma index, up 2 per cent.
RESULTS TODAY
A total of 13 companies, including SBI Cards and Shree Cements, are scheduled to announce their March quarter results today. Besides, ICICI Bank will also be in focus as the private lender will announce the results tomorrow.
CATCH ALL THE LIVE UPDATES
Auto Refresh
Load More
Copyrights © 2020 Business Standard Pvt Ltd. All rights reserved.