Stock Market News - Oil Marketers Rally, Jet Airways Falls

Oil Marketers Rally - On Falling Crude Prices Shares of the oil marketing companies rallied after the Brent crude fell for the third consecutive trading session and declined 1.3 percent to $66 per barrel.

Jet Airways Falls - After Executive Exits Halts Results Approval Shares of the cash-strapped airline declined as much as 2.9 percent to Rs 146.65. The company said it is not in a position to consider and approve March quarter results on account of the ongoing bidding process undertaken by lenders and resignation of multiple board members.

Coal India At Over Six-Month High - Shares of Coal India rose as much as 3.9 percent to Rs 151.95, its highest level in over six months.

Bharti Airtel, HDFC Bank, JSW Steel, Coal India, HPCL, Berger Paints, IndiGo and Tata Steel are some of the major gainers on the indices in the early trade, while losers are ONGC, HUL, Kotak Mahindra Bank and All the sectoral indices are trading higher led by metal, pharma, bank, IT, auto, FMCG, pharma, and infra.

Rupee Opens: The Indian rupee gained in the early trade on Friday. It has opened higher by 11 paise at 69.76 per dollar versus Thursday's close 69.87.

RIL, Bajaj Finance plunge 4% - Reliance Industries shares ended 3.4% down at Rs 1,299.45, while Bajaj Finance shares closed 3.2% lower at Rs 2,921.90.

ONGC Pares Opening Losses - Shares of ONGC pared opening losses and rose as much as 2.7 percent to Rs 173.95.

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Stock Market News - Budget 2020 | Removal of exemptions in new tex regime to impact life insurers, MFs

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