
U.S. equity futures, crude oil and Treasury yields climbed as traders tried to calibrate the possible impact of the omicron coronavirus strain

The stock opened for trading at Rs 700 on the BSE, compared to the issue price of Rs 662, marking a premium of Rs 38 or 5.74%.

In opening trades, Sensex nosedived 698 points or 1.19% to 58,096 while Nifty was quoting at 17,338 plummeting 197 points or 1.13%.

The Indian Navy has commissioned the Fourth Scorpene-Class Submarine i.e (INS Vela) built by Mazagon Dock Shipbuilders on 25 November 2021.

Overseas, Asian stocks are trading lower on Friday, as a new virus variant added to swirling concerns about future growth and higher US interest rates

Kotak Securities is bullish on Zee Entertainment with a price target of Rs 360 per share.

Nifty Energy index led the sectoral pack with gains of 2.40%, followed by the Nifty Realty index that rose 1.95%.

Nifty Bank, Nifty FMCG, Nifty Metal and Nifty Pharma indices lost upt0 0.52% in early trades.

The Bank of Korea raised its policy rate by 25 basis points to 1%, a move that was largely expected.

GCL Securities is bearish on IndusInd Bank with a price target of Rs 940 per share.