Sensex, Nifty end the day on a flat note

The S&P BSE Sensex slipped over 100 points in trade on Friday, before closing the day in the red. Cipla, Hindalco, HDFC Bank, Hero Moto and HDFC were the top gainers in late trade.

Markets @ close

- Sensex at 28,879.38, down 5.83 points. Nifty @ 8,780.35, down 2.05 points

- Swap ratio for proposed NSEL-FTIL merger 8:2

- Zee Ent slips 2.5% intraday; says FII stake has come down by 193 bps to 49.98%

- MTNL surges over 6% intraday; gets Rs 129 crore income-tax refund for FY07

- Nikkei tops 20,000 for the first time in 15 years; but ends 0.2% @ 19,907.63

- FTSEurofirst 300 hits highest since 2000 as euro slips to lowest level since March 19

- China's main stock indexes rise to fresh 7-year highs, posting fifth consecutive weekly gains

- Fitch affirms Tata Steel, Tata Steel UK ratings; outlook stable; Tata Steel stock up 0.84% intraday

- Derivatives market going to become much more vibrant: Raghuram Rajan
- Reliance Communications soared nearly 15% intraday

- ICICI Bank cuts rate on some deposits by 25 basis points; stock 0.44% down in a flat market

- IDFC surges 4% intraday; shareholders approve demerger of lending biz; to start banking ops with 20 branches

- Biocon gains 3% intraday after getting drug approval in Mexico

- Sebi releases norms on public offer, lising of debt

- See rupee @ 65 in a year, says ET survey

- Five-year bear market in hotel sector coming to end; IHCL top bet: JPM

- CCI approves Max India demerger plan; stock gains in a flat market

- Will continue to buy private banks, NBFCs, industrials: IIFL Institutional Equities

- Need to buy auto stocks with 1-2 years view: IIFL Institutional Equities

- Unlikely to see deep correction in markets: IIFL Institutional Equities

- SPARC gains over 2% intraday on BSE 200 inclusion