Stock Market News- Indiabulls Real Estate up 5%, Manappuram Finance slips.

Indiabulls Real Estate Jumps Over 15% - After Block Deals Shares of Indiabulls Real Estate rose as much as 14.7 percent to Rs 151 On Bombay Stock Exchange. The stock rose as much as 10.1 percent to Rs 144.70 On National Stock Exchange. About 5.79 crore shares or 12.8 percent equity of the company changed hands in a 24 block deals on BSE.

Block Deal: Reliance Power About 13.8 lakh shares of Reliance Power changed hands in a block deal.

Manappuram Finance slips over 8% - Sebi has sent notice to Manappuram Fin for insider trading.

Rupee Opens: The Indian rupee opened higher at 69.19 per dollar on Friday against previous close 69.27.

BPCL, HUL, RIL, Maruti Suzuki are among major losers on the Indices, while gainers are Indiabulls Housing, Yes Bank, Gail, Zee Entertainment, IndusInd Bank, Godrej Properties and Page Industries. Among the sectors, metal, bank and IT are trading higher, while some selling was seen in the energy, FMCG and pharma.

Hindustan Unilever slips over 1%

Eros Locked In Lower Circuit - Shares of the media company was locked in the lower second-straight day after it declined 20 percent intraday to Rs 42.50 each. Eros Plc—the promoter of the Indian listed entity said the arm was late two loan interest payments for April and May 2019, in an exchange notification.

HDFC Bank appoints MSMK & Assoc as auditors: RBI previously had rejected the appointment of SR Batliboi as an auditor

Merger of Lakshmi Vilas Bank and Indiabulls Housing Fin to be done in 9-12 months: Ajit Mittal

Lakshmi Vilas Bank gains 5% - Ajit Mittal told CNBC TV18 this morning that stake sale in Indiabulls Real Estate done to expedite merger of Indiabulls Housing Fin with LVB

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