Indices witnessed a sharp sell-off in the last one hour of the session. Nifty fell from the level of 17,370 to 17,100 during this period and ultimately, closed lower by 0.863 per cent.

Chennai Petroleum Corp Ltd, engaged in refining and oil marketing business, has jumped by 10 per cent from its previous close of Rs 253.85, thereby hitting the upper circuit. The stock opened at Rs 267 and the trading has been halted at Rs 279.20 which is also its fresh 52-week high.

The stock of HDFC Life Insurance Company Ltd is gaining momentum and surged over 3.5 per cent during Friday’s trading session.

At noon on Friday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally on the higher side.  Nasdaq index, which is tech-heavy rose up to 3 per cent on Thursday due to positive earnings updates from major tech companies like Amazon and Apple.  

Keep a watch on these stocks as well as on their volumes for potential breakout and consider hopping in for decent profits!  

Cash calls by MF can be beneficial in the current market conditions, but they can also be risky. Continue reading to learn what investors should do if their mutual funds are sitting on cash.

Varroc Engineering Ltd (VEL) hits a 20 per cent upper circuit limit of Rs 494.60 after announcing that it will sell its four-wheeler lighting system operations in the Americas and Europe to Compagnie Plastic Omnium SE of France for 600 million euros. Jindal Poly Films (JPFL) rose 3.23 per cent to Rs 1,155 after the business said that Jindal Polypack, a wholly-owned subsidiary, has entered into a deal to acquire 100 per cent of SMI Coated Products' shares.

Technically, the stock will be back into the reckoning mode on any close above its biggest hurdle of Rs 1,240. 

After gaining over a per cent in the previous trading session, the broad market index S&P BSE Sensex witnessed a further rally today

Activity in the F&O market for the weekly expiry on May 5 shows 17300 to act as support now.