** Indian bank shares surge; Nifty PSU Bank index jumps as much as 2.05 pct in early trade
** Bharat Petroleum Corp Ltd, Hindustan Petroleum Corp Ltd and Indian Oil Corp Ltd fall as much as 1.5 pct each
** Telecom services provider Idea Cellular Ltd falls as much as 7.8 pct to its lowest since Jan. 30
** Morgan Stanley downgrades HDFC Bank and Axis Bank to "equal-weight", cuts ICICI Bank and IDFC Bank to "under-weight"
** Divi's Laboratories Ltd falls as much as 20 pct to its lowest since June 6, 2014
** Telecom services provider Idea Cellular Ltd reverses course to fall as much as 14.57 pct to 92.35 rupees, lowest since Jan 30
** Telecom services provider Idea Cellular Ltd rises as much as 14.3 pct to highest since April 29, 2016
** Goods and Services Tax (GST) council on Thursday set a cap on cess to be imposed on luxury, sin and demerit goods - reports http://bit.ly/2nxRedq
MUMBAI, March 17 Shares of India's Music Broadcast Ltd rose as much as 24.6 percent in their trading debut on Friday, after the radio station operator's initial public offering of shares raised $75 million.
** Telecom services provider Idea Cellular's shares rise as much as 13 pct to 116.45 rupees
Nifty Most Actives
MUMBAI India's market regulator accused Reliance Industries on Friday of having committed a "fraud" in taking a short trading position at the time of selling a stake in a subsidiary in 2007, ordering it to surrender 4.5 billion rupees ($69 million) plus interest in "unlawful gains".
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