POST MARKET
Benchmarks remained in positive territory during the session, but gains were capped by elevated crude oil prices and rising concerns about inflation, which could lead to monetary tightening.
Among the sectors on the NSE, Bank Nifty jumped 1.15%, while the Financial Services index rose by 1.17%. The Private Bank index clocked a gain of 1.49%, while the PSU Bank index climbed by 0.22%.
On the other hand, Nifty Healthcare (down 1.52%), Media (down 1.47%), and Pharma (down 1.27%) ended significantly lower.
Mid and small-cap segments underperformed as the BSE 150 Midcap index inched up by 0.11%, while the BSE 250 Smallcap index dropped 0.26%.
STOCKS IN NEWS
Info Edge
Info Edge shares rose more than 4 percent, The company reported a consolidated net profit of Rs 566 crore for the quarter, compared with Rs 463 crore in the same period last year.
Sun Tv Network
Shares of Sun TV Network fell six percent after the broadcaster reported a subdued set of fourth-quarter earnings, with weaker advertising revenue, softer margins and one-off items weighing on profitability during the quarter.
Nibe
Shares of Nibe surged more than 12 percent on Friday after the Pune-based defence equipment manufacturer successfully testfired its Suryastra rockets off the Odisha coast earlier this week.
Central Bank of India
Central Bank of India shares fell nearly 8 percent on Friday after the government launched its offer for sale (OFS) to divest up to 8 percent stake in the lender at a discount to the previous close.
Source: Moneycontrol