Market

Sun TV Network shares drop 4% after legal notice from DMK MP Dayanidhi Maran to Chairman Kalanithi Maran. Source

Of the 30 BSE Sensex companies, 29 ended in red. Out of the 50 Nifty firms, 48 closed in red. Source

Equity indices Sensex and Nifty rebound in early trade on positive Asian markets, foreign fund inflows. Source

From the 30 Sensex firms, Bajaj Finance, Asian Paints, NTPC, UltraTech Cement, State Bank of India and Bajaj Finserv were the major laggards. Source

Rupee strengthens against US dollar due to lower crude oil prices and weakening greenback, with market predictions included. Source

Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Friday, offloading shares worth Rs 9,896.95 crore on a net basis in the cash segment, according to exchange data. Source

Rupee strengthens against the dollar on global cues, FII inflows, and domestic equity market performance. Source

While the outlook for Indian markets remains positive, a moderation in earnings could bring down inflated valuations and temper investor expectations, Yogesh Patil, chief investment officer of equity at LIC Mutual Fund AMC said. Source

Equity indices rebound over 1% on Friday, driven by bargain hunting in financial, telecom, and tech stocks. Source

At the interbank foreign exchange, the domestic unit opened at 85.24 then fell to 85.34 against the greenback in early deals, registering a loss of 15 paise over its previous closing level. Source