Shares of DLF ended with modest gains for the second day in a row. The stock gained three-quarters of a percent on Thursday, followed by another 0.6 percent on Friday.

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Sources within the dealing rooms tell CNBC-TV18 that the stock is consolidating post its recent correction. Shares are down 7.2 percent over the last month.

Dealers also indicated that DLF saw first signs of buying interest at the FII desk in today's trading session.

Friday Saves The Day and the Week

Benchmark indices snapped a three-day losing streak and also ended with gains for the week. The Nifty 50 gained close to 100 points on Friday after yet again testing the December 26 low of 17,774. The index again faced a hurdle at the 18,000 mark, failing to cross that level intraday.

Most of the recovery and subsequent gains were led by financials and technology stocks. Dealers indicate that flows were mixed on Friday with selling seen in FMCG and consumer discretionary names while metal stocks witnessed buying action.

The bulls are trying hard to defend the levels of 17,800, according to the dealing rooms, who also said that earnings will continue to dominate the near-term trends.

Besides DLF, here are some other stocks that have been part of the dealing room chatter today:

M&M Financial Services: The stock has been oscillating between gains and losses since January 04. Even as the stock ended 1 percent higher on Friday, dealing rooms indicate that there was heavy selling pressure from FIIs in the stock. Over the last month, the stock has been stuck in a range of Rs 220 on the downside and Rs 247 on the upside.

Dabur: As we mentioned earlier, consumer discretionary and FMCG names saw selling in today's session and Dabur was not insulated from the same. Even though the stock declined only 0.2 percent, it fell for the third straight day and has declined in five out of the last six trading sessions.