12:40 p.m.: Nestle shares staged a sharp recovery on Friday, gaining nearly 2 per cent, after earlier falling by as much as 5 per cent in morning deals. The company's global CEO held a press conference to address concerns around Maggi noodles, which has been under country-wide scrutiny for high lead content and mono-sodium glutamate or MSG, a taste enhancer.
"Maggi noodles are safe for consumption... We follow the same quality standards, safety procedures everyone in the world," said Paul Bulcke, CEO of Nestle Worldwide.
12:34 p.m.: The Sensex came off the intraday high levels after a sudden spike. Sensex up 16 points at 26,829 and Nifty up 3 points at 8,133. Selling pressure visible in power, realty, auto and IT stocks.
12:30 p.m.: IT, auto and realty stocks trade with a negative bias. BSE auto index down 0.2 per cent; Tata Motors, Apollo Tyres, Bharat Forge and Cummins India among the top losers.
12:24 p.m.: Nestle CEO says trust of consumers shaken and Maggi noodles in India are safe for consumption. Nestle shares down 0.13 per cent.
12:15 p.m.: Broader markets witness buying interest. BSE mid-cap and small-cap indices up 0.7 per cent.
12:09 p.m.: Sensex advanced over 150 points to 26,970 and Nifty jumped 41 points to 8,171. Sudden buying takes markets to near intraday high levels.
12:05 p.m.: Coal India, Sun Pharma, GAIL India, Idea Cellular and NMDC among the top Nifty gainers.
12:00 p.m.: Markets jumped in noon deals. Sensex advanced 79 points to 26,892 and Nifty was up 20 points at 8,151. The Sensex and Nifty jumped in the noon deals on the back of buying in metal, capital goods, FMCG and consumer durable stocks.
11:27 a.m.: Sensex down 21 points at 26,792 and Nifty trades 10 points lower at 8,120. Ambuja Cements, Tata Motors, ACC, Bosch and Tata Consultancy Services among the top losers on the Nifty.
11:20 a.m.: Coal India shares jumped as much as 5 per cent to hit intraday high of Rs 407.70 after the company signed fuel supply agreements with non-power producers. (Click here)
10:42 a.m.: Just Dial shares jumped nearly 9 per cent to hit intraday high of Rs 1,207.70 after Just Dial's board of directors approved the proposal to buy back shares. (Click here to read)
10:20 a.m.: Nestle shares dropped as much as 4.85 per cent in morning trades on Friday following the FMCG major's Thursday decision to take Maggi noodles off the shelves. However, buying was seen at lower levels, leading to a sharp recovery in Nestle shares. (Click here to read)
10:00 a.m.: Sensex and Nifty recover from intraday losses; trade on a flat note with positive bias. Sensex jumps 13 points to 26,826 and Nifty up 5 points at 8,135.
Some amount of buying is seen in metal, oil & gas, power, capital goods and pharma stocks.
9:30 a.m.: Nifty and Sensex trade on a subdued note in the morning deals on Friday. Selling pressure was visible in IT, FMCG, consumer durables, auto, realty and banking stocks.
From the Nifty-50 basket of stocks, 21 stocks were among gainers while 29 stocks fell. ITC was the top Nifty loser, the stock fell 1.3 per cent to Rs 297.75. Tata Motors, Ambuja Cements, Cairn India, ACC, Bajaj Auto and Axis Bank were also among the laggards.
On the other hand, Coal India, Sun Pharma, Idea Cellular, GAIL India, Lupin, Bharti Airtel and BPCL were also among the gainers.
The overall breadth was neutral as 696 shares were advancing while 655 were declining on the Bombay Stock Exchange.
Shares in Nestle fell 2.2 per cent to Rs 5,877 amid its ongoing controversy over its flagship product Maggi.
9:15 a.m.: Markets edge lower, Sensex down 70 points at 26,743 and Nifty slips 17 points to 8,113. Selling pressure visible in banking, realty, consumer durables, FMCG and auto stocks.
9:00 a.m.: Rupee opens unchanged at 64 against YS dollar.
8:45 a.m.: Take a look at top brokerage calls for today - Maruti Suzuki, Just Dial and Tata Communications
8:30 a.m.: Funds on Tuesday: Foreign investors purchased a net of Rs 511.9 crore in equity markets, while domestic institutional investors bought a net of Rs 722 crore.
8:15 a.m.: Nifty is likely to open with a big cut in trades on Friday tracking weak trading of Nifty on the Singapore Stock Exchange.
The Nifty traded on the Singapore Stock Exchange commonly known as the SGX Nifty was down 0.7 per cent or 56 points at 8,089.
8:00 a.m.:Global market update-Asian shares got off to a tentative start on Friday while bonds snapped a vicious losing streak and the euro retreated as investors braced for U.S. jobs data and another session of uncertainty over Greece.
MSCI's broadest index of Asia-Pacific shares outside Japan was little changed after hitting a nine-week trough. Japan's Nikkei 225 dipped 0.34 per cent while shares in South Korea lost 0.3 per cent.
Overnight, U.S. stocks fell on Thursday, hit by nervousness ahead of Friday's jobs report and lingering uncertainty over a Greece aid deal with creditors.
The Dow Jones industrial average fell 170.69 points, or 0.94 per cent, to 17,905.58, the S&P 500 lost 18.23 points, or 0.86 per cent, to 2,095.84 and the Nasdaq Composite dropped 40.11 points, or 0.79 per cent, to 5,059.13.
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