Among sectors, PSU bank, auto and FMCG witnessing selling pressure, while metal, IT, infra and pharma indices are trading higher.

GM Breweries recommends final dividend: The board of directors at their meeting have recommended dividend at the rate of 30 percent i.e Rs 3 per share. 

Buzzing: Shares of Alkem Laboratories gained 1 percent intraday Friday after company received EIR from USFDA. 

Jyothy Labs Jumps 5%

FMCG company Jyothy Laboratories shares gained 5.5 percent in morning on April 5 after global brokerage firm Macquarie has initiated coverage on the stock with an outperform rating.

The brokerage set target price for stock at Rs 250 per share, implying 36 percent potential upside from current levels.

Macquarie said it likes company’s diverse product portfolio with a presence in mainstay categories.

Apr 05, 10:12 AM (IST)

  Gold Update: Gold was little changed on Friday, having slid to its lowest level in 10-weeks in the previous session as the dollar strengthened ahead of the US nonfarm payrolls data due later in the day.

Apr 05, 09:53 AM (IST)

Buzzing: Shares of pharma major Cipla rose 2 percent in the early trade on Friday after it received establishment inspection report (EIR) from USFDA.  

Crude Update: Oil prices fell on Friday, with Brent slipping away from the USD 70 mark after briefly rising above that level in the previous session, as traders fretted about progress in US-China talks to end a trade war.

Source: moneycontrol.com