Equity Trading Tips: Stay updated!

#2.50 PM: Sun Pharma's Q3 consolidated PAT at Rs 1,420 crore vs Rs 395 crore YoY, exceeds expectations; net sales at Rs 7,047 crore; margins@ 30.6%.

#2.41 PM: Nifty50 reclaims 7,000 level, trading at 7,009 points

#1.58 PM: Dipen Sheth, HDFC Securities: This is the kind of time when bottoms get made. This is the time when people swear never to come back to markets. Users say it was all a horrible mistake and they will have nothing to do with equities. Ironically, it is at times like this that the change in asset allocation must be implemented in the most disciplined possible way. It sounds very difficult.

#1.40 PM: ​Nifty50 back into the positive terrain, Sensex up over 30 points; Nifty50 futures above 7K.

#1.38 PM: European markets open: Germany's DAX up 1.03%, Italy's FTSE MIB Index gains 1.49% .

#1.36 PM: Adani Power shares deluge after news of its plans to make an investment totalling Rs 18,400 crore for setting up of 1,600 Mw thermal power projects and 1,000 Mw solar project in Karnataka.

#1.16 PM: Kotak Mahindra Bank at kissing distance of becoming India's 2nd-largest lender in terms of market capitalisation, replacing SBI. Kotak Bank m-cap at Rs 1,14,000 crore at 1300 hours on Fri, compared with SBI's Rs 1,16,000 crore and ICICI Bank's Rs 1,11,000 crore. HDFC Bank leads the chart with an m-cap of Rs 2,46,000 crore.

#1.08 PM: Shares of ONGC, India's biggest oil and gas exploration and production company, slumped 5% in trade after the company reported a 64% decline in Dec quarter earnings. This represents the 2nd consecutive decline in quarterly profits as lower crude oil prices hurt the company's earnings.