21
Saturday
April 2018
1:33 PM IST
News Headlines
CPM amends resolution to allow 'electoral understandings' with Cong        CSK fans head for Pune on special train        Gayle storm blows away Sunrisers        Monetise Air India assets rather than selling stake: SJM to govt        Iraq says it carried out air raid against IS in Syria        Diaz-Canel is Cuba's new president as Castro steps aside        BJP may rope in Swami Aseemanand to work in West Bengal        SC website down amidst fears of hacking        L-G approves proposal to compensate consumers for unscheduled power cuts in Delhi        Loya death: SC says attempts to scandalise judiciary, dismisses pleas        Nawaz Sharif, daughter leave for London        Former US first lady Barbara Bush dead at 92        Manmohan Singh on Kathua, Unnao rape cases: ‘PM Narendra Modi should follow own advice to me, speak more often’        Kathua rape ‘barbaric’, says President Kovind        KKR breach Rajasthan fortress at Jaipur, beat RR by 7 wickets        Virat Kohli downbeat despite smashing IPL run record        BJP ministers in J&K government asked to resign, to be replaced with new faces        Banks are unable to meet the demand for cash, says ATM industry        India, Sweden to enhance cooperation in defence, cyber security        Castro set to step aside as Cuban president, his reforms incomplete        
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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)


Monetise Air India assets rather than selling stake: SJM to govt
With Fuel Prices Hitting the Roof, Govt Asks Oil Companies Not to Increase Rates: Report
PM Modi flags off Indian Railways' first high speed electric locomotive in Bihar
Axis Bank stock rises 4% after Shikha Sharma's tenure shortened
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Crisis-hit Deutsche Bank pushes out British CEO
Highlights of RBI monetary policy
Honda India Recalls Activa 125cc, Grazia and Aviator Scooters
Ratnagiri refinery: Pradhan says open to offer majority stake to Aramco
Telcos' pre-tax losses widen to Rs 38,153 cr in 2016-17
India to be ready with 5G roadmap by June: Tel Secy
Sensex, Nifty turn choppy on weak global cues
Facebook says sorry for data breach scandal in British newspaper ads
Global trade facing challenges,India needs to boost exports: Prabhu
Havells appoints Shashi Arora as CEO of Lloyd
Markets consolidate gains, Sensex reclaims 33k-mark
SAIC’s MG Motor India to invest Rs5,000 crore in next six years
Audi to hike car prices by up to Rs 9 lakh from April
RBI sets rupee reference rate at 64.9366 against US dollar
Indians choose travel over shopping, food: Survey
KERALA NEWS
Hate speech on Kathua rape victim: Case against Kotak Mahindra Bank employee Vishnu Nandakumar
 (Kochi, Apr 14, 2018): Kerala Police on Saturday said they have registered a case against a p  
Gang attacks BJP leader in Thiruvananthapuram
Govt doctors on indefinite stir in Kerala
Radio Jockey's murder: Ali Bhai confesses to the crime
INTERNATIONAL NEWS
Iraq says it carried out air raid against IS in Syria
 Baghdad, Apr 19 (AFP) The Iraqi air force today carried out a "deadly raid" against positions of the
Diaz-Canel is Cuba's new president as Castro steps aside
Nawaz Sharif, daughter leave for London
Former US first lady Barbara Bush dead at 92
NATIONAL NEWS
BJP may rope in Swami Aseemanand to work in West Bengal
 Kolkata, Apr 19 (PTI) The BJP in West Bengal is planning to rope in Hindutva preacher Swami Aseemana
SC website down amidst fears of hacking
L-G approves proposal to compensate consumers for unscheduled power cuts in Delhi
Manmohan Singh on Kathua, Unnao rape cases: ‘PM Narendra Modi should follow own advice to me, speak more often’
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