HNIs buy Zee Entertainment, Domestic fund buys Granules - Stocks that kept dealers busy on Friday

Indian equities fell on Friday with the Nifty 50 posting losses after an eight-day winning streak. But despite Friday's drop, the benchmark indices posted gains for the week.

Dealing rooms suggest that flows have been mixed with very stock-specific action in today's trading session. PSU stocks continue to outperform with strong bids received for state-run lenders as well as OMCs.

Broader markets also saw profit booking in today's session.

UPL: The agrochemical maker ended 1.5 percent lower on Friday and has now declined in four out of the last five trading sessions. However, despite the drop, HNIs were active buyers in the stock, according to dealers, who added that a leading long-only fund was a buyer today.

South Indian Bank: Shares ended over 6.5 percent higher on Friday and have been oscillating between gains and losses over the last five trading sessions. Gains came on the back of strong volumes and dealers said that a leading FII has been an active buyer.

Granules India: The stock ended 3.7 percent higher on Friday and gained for the second day in a row. Dealers said that a leading domestic PMS was an active buyer in today's session.