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Indian equity markets ended near the highest point of the trading day, aided by a surge in the final few minutes. Benchmark indices posted their second straight weekly gain.
The S&P BSE Sensex ended 0.94% higher at 35,171 while the NSE Nifty 50 index ended just below the 10,400 mark at 10.383, up by 0.91%.
Both Sensex and Nifty have posted weekly gains in four out of the last five weeks.
Among the sectoral indices, I.T. remained the outperformer, with the sectoral index ending with gains of 3.9%. The PSU Bank index was the other sectoral gainer, ending 1% higher.
The Nifty FMCG index snapped a six-day gaining streak, ending with losses of 1.1% while the realty index ended lower for the third straight day, down 0.8%.
Broader markets underperformed in today's trade with the midcap and smallcap index ending 0.17% and 0.24% higher respectively.
The India Volatility Index ended 4.6% lower at 28.35, after fluctuating for most part of the day.
Market breadth remained in favour of the advances. 1,066 stocks on the NSE ended with gains while 748 ended with losses.
For the week, the Sensex gained 1.27% while the Nifty advanced 1.35%.
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Shares gained as much as 5.8% to Rs 124, post the announcement.
Shares are trading 1.3% higher, cooling off from gains of as much as 2.65% to Rs 412.
Shares are off the day's high, cooling off from gains of as much as 5.85% to Rs 233.45, post the announcement. The stock currently trades with gains of 1.6%.
Shares currently trade 1.5% higher at Rs 142.5, ahead of its earnings.
Shares are up 20% to Rs 16.7 post the announcement.
Shares fell as much as 4.2% to Rs 13.65, post the announcement.
Let's take a look at how benchmarks across Europe have opened:
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Shares are lower as much as 1.76% at Rs 198.55, snapping a four-day gaining streak.
Shares fell as much as 5.1% to Rs 1,340 and are the second worst performers on the Nifty Midcap Index.
The construction company won a Letter of Award from the NHAI for a 53.95 kilometer long four-laning of the Meerut-Nazibabad section.
The range falls under NH-119 and in the state of Uttar Pradesh, according to the company's exchange filing.
The order has been won on a Hybrid Annuity Mode under the Bharatmala Pariyojana for a bid project cost of Rs 1,412 crore.
Shares gained as much as 16.7% - its biggest ever single-day surge on record to Rs 155. The stock is now off the day's high, trading with gains of 8.7%.
Shares fell as much as 8.8% - the biggest single-day fall for the stock in three months to Rs 124. The stock is down for the third straight day.
The company's offer for sale for the non-retail segment received 3.34 times demand at an indicative price of Rs 192.48 per share, according to an exchange notice.
OFS for retail investors is open for subscription today.
The company's promoter International Paper Investment intended to sell 10% of its equity at a floor price of Rs 186 per share, the exchange filing on Wednesday said.
Shares gained as much as 6% to Rs 209.8, after a 15% decline on Thursday.
Shares are locked in an upper circuit of 10% at Rs 53.55 and are up for the second day in a row.
Shares fell as much as 4.1% to Rs 54.7 per share.
Shares are locked in an upper circuit of 5% at Rs 199.25. It is up for the fifth straight day, in which it has been locked in a 5% upper circuit for four of them.
The company informed the exchanges on Thursday that its promoter plans to sell 49.9 lakh shares of the company, representing around 1% of the total equity.
Promoters also have an option to sell a further 1% stake under the oversubscription scenario.
Floor price for the share sell has been determined at Rs 265 per share, a 10% discount to Thursday's closing price.
The issue for non-retail investors is currently open while that for retail investors will open on June 29.
Shares are recovering from the day's low, after falling as much as 8.1% to Rs 285.6. The stock currently trades 4.5% lower.
Shares are off the day's high after gaining as much as 3.8% to Rs 55.5.
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Hindustan Unilever Ltd. has announced that it has completed the acquisition of intimate hygine brand VWash from Glenmark.
The acquisiton, announced on March 23, was subject to certain conditions which have now been fulfilled, the company said in an exchange filing.
HUL was to make most of the payments in cash upfront as well as pay a royalty on sales for three years. Amount of the deal remain undisclosed.
Shares of HUL trade near the day's low, down 0.6% at Rs 2,161.
Indian equity markets have begun the first day of the July series on a positive note.
Both, the S&P BSE Sensex and the NSE Nifty 50 index opened 0.87% higher at 35,144 and 10,378 respectively.
For the week, Sensex and Nifty are 0.3% and 0.4% higher respectively, as of closing on Thursday.
Benchmarks have opened higher after declining for two successive days.
All sectoral indices have opened higher. Nifty Bank, Nifty Auto, Nifty Metal and Nifty PSU Bank index have opened with gains of over 1%.
Broader markets too are in tandem with benchmarks. Both midcap and smallcap indices have opened 1% higher.
Market breadth at opening was in favour of the advances. 1,243 stocks on the National Stock Exchange opened with gains while 255 declined.
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To know more about the earnings reported after market hours and key stock updates, click here.
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