18
Sunday
November 2018
3:56 PM IST
News Headlines
India in Australia: Kohli promises to not start arguments, only finish them        At Least Two Killed, Eight Injured In Blast In Karachi        Centre's New Move May Escalate Feud With RBI Ahead Of Board Meet: Report        'Gaja' crosses coast, rainfall pounds TN, 22 dead        Sabarimala board to move SC, buy time to implement order        Sabarimala board to move SC, buy time to implement order        Sindhu crashes out; Srikanth, Sameer enter quarterfinals of Hong Kong Open        No more chopping and changing till World Cup: Ravi Shastri        Air India eyes Rs 800 cr from sale of over 70 properties        Intel India opens design house costing Rs 1,100 cr at B'luru        US, China see rival visions for entwined Asia-Pacific region        Imran Khan to visit Malaysia next week; likely to seek monetary aid        EC removes Mizoram chief electoral officer after protests        Lankesh murder accused sent to SIT custody in Pansare case        Agri sector needs long-term solutions, loan waiver temporary: Naidu        Top India, China officials hold defence, security dialogue, agree to step up military exchanges        Jailed Om Prakash Chautala Expels Older Son For "Anti-Party Activities"        ISRO Launches Communication Satellite, Has 'Geo-Eye' To Monitor India        US Vice President Mike Pence takes Myanmar’s Aung San Suu Kyi to task over treatment of Rohingya        Sri Lankan Parliament passes no-trust vote against Rajapaksa        
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Business News
Nifty scales another peak of 11,470, up 20 points
 
Mumbai, Aug 9 (PTI) The NSE benchmark Nifty today hit a new closing high of 11,470.70, rising by 20.70 points on hectic buying mainly in banking sector stocks.

Sentiments were firm following International Monetary Fund (IMF) pegging India's economic growth at 7.5 per cent for the 2019-20 fiscal.

Gains in rupee, lower crude and unabated buying by foreign institutional investors also supported the market to hit record highs.

Asian equities too closed higher with China ending over a per cent higher.

However, European markets fell as investors turned cautious of intensifying trade war tensions between the US and China.

Developments around corporate earnings also kept investors on their feet.

The Nifty 50 index rose 20.70 points, or 0.18 per cent, to end at 11,470.70, its record closing high. The index rose 45.20 points to hit the day's high of 11,495.20.

It witnessed an intra-day movement of about 41.10 points.

Sector-wise, PSU rose by 2.98 per cent followed by realty 2.08 per cent, metal 1.39 per cent, private bank 1.01 per cent, bank 0.92 per cent, financial service 0.58 per cent, FMCG 0.24 per cent and energy 0.05 per cent.

While, pharma eased by 0.62 per cent, media 0.17 per cent, auto 0.07 per cent and IT 0.03 per cent.

Major index gainers were Axis Bank, ICICI bank, Hindalco, SBIN, Vedanta, Powergrid, UltraTech Cement and Tata Steel.

Index losers included Bharti Airtel, Titan, ONGC, Cipla, UPL, Indiabulls Housing Finance, Zeel, Grasim, Tech Mahindra and Larsen.

The market breadth, indicating the overall health of the market turned gainers. On the NSE, 924 shares advanced and 882 declined, while 85 remained unchanged.

Total securities that hit their price bands were 215.

Turnover in the cash segment rose to Rs 34,903.22 crore from Rs 31,854.34 crore as on Wednesday.

A total of 20,071.48 lakh shares changed hands in 1,13,97,787 trades. The market capitalisation of listed firms on the NSE stood at Rs 1,53,69,688.14 crore.


Centre's New Move May Escalate Feud With RBI Ahead Of Board Meet: Report
Air India eyes Rs 800 cr from sale of over 70 properties
Intel India opens design house costing Rs 1,100 cr at B'luru
Sensex rebounds 332 pts on easing crude, rupee gains
Govt mulls second round of 2,500 MW medium-term PPA auction
India invites Swedish companies to explore investment opportunities
Govt cancels ED officer Rajeshwar Singh's leave
Facebook blocks 115 accounts ahead of US midterm elections
Indian norms on PCA, capital are conservative, rule-based: SBI
SBI back in black on credit growth
TN transport employees threaten to go on strike
Ease of biz ranking: Indian can improve further, says Jaitley
Rupee declines 11 paise to close at 73.27 against US dollar
Gold rises in futures trade; up 0.54% on global cues
Mistry announces startup fund on 2nd anniversary of his ouster
BSE gets Sebi's nod to launch Oman crude oil contract
Sensex cracks 34,000-mark, Nifty below 10,200 on weak global cues
Petrol pumps in Delhi on strike demanding VAT cut
RBI likely to stay on hold for rest of FY'19 : Report
Japan introduces Artificial Intelligence technology to ease business
KERALA NEWS
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
 Thiruvananthapuram, OCT 27: As the number of people arrested for allegedly being involved in violent  
Vijayan urges UAE Keralites to back salary challenge
Sabarimala row: Protests against SC verdict continue
Balabhaskar's wife Lakshmi shifted to ICU
INTERNATIONAL NEWS
At Least Two Killed, Eight Injured In Blast In Karachi
 (KARACHI, Nov17, 2018): A bomb killed at least two people and wounded eight others in Pakista
US, China see rival visions for entwined Asia-Pacific region
Imran Khan to visit Malaysia next week; likely to seek monetary aid
US Vice President Mike Pence takes Myanmar’s Aung San Suu Kyi to task over treatment of Rohingya
NATIONAL NEWS
'Gaja' crosses coast, rainfall pounds TN, 22 dead
 (Chennai, Nov17, 2018): Cyclone Gaja ripped through Nagapattinam early Friday uprooting trees
EC removes Mizoram chief electoral officer after protests
Lankesh murder accused sent to SIT custody in Pansare case
Agri sector needs long-term solutions, loan waiver temporary: Naidu
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