21
Sunday
January 2018
8:17 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
Sensex at new high on fund inflows; Nifty above 10,600
 
(Mumbai, Jan 8, 2018): The BSE Sensex soared to life-time high of 34,331.85 and the NSE Nifty crossed the 10,600 level for the first time in early trade today on strong gains in pharma, IT and banking stocks amid optimism over quarterly earnings by corporates.

Asian markets trading with gains after more records on Wall Street influenced the trading sentiment here.

The 30-share Sensex soared by 178 points, or 0.52 per cent, to 34,331.85 points, breaching its previous record high (intra-day) of 34,188.85 hit on January 5.

The gauge had gained 360.47 points in the previous two sessions.

All the sectoral indices, led by realty, healthcare and infrastructure were trading in the positive zone, rising up to 1.52 per cent

Major gainers that helped both the key indices to scale new highs were Sun Pharma, Yes Bank, Dr Reddy's, L&T, Infosys, HDFC Ltd, Power Grid, ONGC, Coal India, ICICI Bank, Indusind Bank, Hero MotoCorp, Tata Steel and Tata Motors, gaining up to 3.72 per cent.

The 50-issue Nifty crossed the 10,600 level for the first time by gaining 46.95 points, or 0.44 per cent, to trade at an all-time high of 10,605.80 surpassing its previous intra-day high of 10,566.10 touched on January 5.

Among 50 Nifty scrips, 42 were trading with gains, led by pharma stocks.

Sentiment remained upbeat on sustained capital inflows and widespread buying by retail investors amid expectations of encouraging third quarterly earnings, to be announced this week, brokers said.

Among Asian markets, Hong Kong's Hang Seng index was up 0.01 per cent while Shanghai Composite Index rose 0.39 per cent. Financial markets in Japan are closed today for a public holiday.

The US Dow Jones Industrial Average ended 0.88 per cent higher in Friday's trade.(PTI)


I-T notices to cryptocurrency investors on suspicion of tax evasion
Trai gives approval for mobile calls, net surfing while flying
HSBC InvestDirect Securities settles case with Sebi
SBI to raise Rs 20,000 cr for affordable housing, infra
Sensex hits 35,000 mark as IT stocks lead gains
Bitcoin, other cryptocurrencies tumble on government crackdown worries
Sensex, Nifty extend gains to hit fresh highs
Passport may no longer serve as address proof
Rupee extends losses against US dollar in late morning trade
Stocks scale fresh record high as Coal India spurts
CBDT relaxes norms for MAT on firms facing insolvency
Indian ports set to double their profit: Gadkari
Sensex, Nifty hit new record high on fund inflows
Gold strengthens on sustained demand, silver recovers
Govt extends compulsory jute packaging for foodgrains, sugar
Sensex succumbs to late sell-off; auto, IT slip
Anti-dumping duty likely on Chinese chemical imports
Rs 39 lakh cr needed for infra in urban areas until 2032: Puri
Sensex trade flat, marginally up 9 points in late morning
Sensex advances 30 points; rupee gains 15 paise vs USD
KERALA NEWS
KM Mani gives fitting reply to Kanam Rajendran
 (Pala, Jan 20, 2018, DG): Veteran Kerala Congress (M) leader KM Mani on Saturday responded to  
ANSI to study genetic disorders among Kerala tribes
ABVP worker's murder: SDPI workers arrested
ISIS killed him, claims Kummanam
INTERNATIONAL NEWS
North Korea to send 22 athletes to Winter Olympics 2018
 (Lausanne, Jan 20, 2018):North Korea will send 22 athletes to the Winter Games in the neighbo
Pak raises Jadhav's case in UNSC debate on Afghanistan
US government shuts down after Senate rejects spending bill
Tensions rise as new inmate attack fuels French prison strikes
NATIONAL NEWS
After ‘junior judge’ recuses himself, CJI to hear Loya case
 (NEW DELHI, Jan 20, 2018):A Supreme Court bench headed by Chief Justice Dipak Misra will hear
Man commits suicide at Delhi Metro station
Schools along IB, LoC shut due to Pak shelling in Jammu
Pregnant woman gang-raped in Uttar Pradesh
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.