March 2018
11:37 PM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
Sensex extends rally; Nifty reclaims 10,600 level
(Mumbai, Feb 27, 2018): The benchmark BSE Sensex gained over 132 points to 34,578.39 in early trade today, rising for the third straight session today on buying by domestic institutional investors (DIIs) amid strong global cues.

Investors are also eyeing Q3 GDP data, to be released tomorrow. Market sentiment was bolstered after a Morgan Stanley report said India's economic recovery is expected to have gathered momentum and GDP growth for the December quarter is likely to have accelerated to 7 per cent, broker said.

Benchmark BSE Sensex advanced by 132.64 points, or 0.38 per cent, to 34,578.39 in early session today.

The gauge has gained 626.25 points in the previous two sessions.

All sectoral indices were trading in the green, led by gains in oil and gas, consumer durables, auto, banking, power, PSU, metals, FMCG and healthcare counters.

The NSE Nifty50 reclaimed the 10,600-mark, by rising 32.65, or 0.30 per cent, to 10,615.25.

On a net basis, DIIs bought shares worth Rs 1,409.45 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 1,119.51 crore yesterday, provisional data released by stock exchanges showed.

Top gainers included Yes Bank, RIL, ONGC, TCS, Dr Reddy's, Asian Paints, M&M, Wipro, HDFC Bank and Coal India, rising up to 1.75 per cent.

Meanwhile, shares of Punjab National Bank today slumped as much as 9 per cent to touch its 52 week low level in morning trade after the lender said the amount of fraudulent transactions could be as much as Rs 12,700 crore.

Gitanjali gems, too, cracked nearly 5 per cent.

Overseas, Asian shares were trading higher following gains on Wall Street overnight ahead of Fed chair Jerome Powell's first congressional testimony later in the day.

Japan's Nikkei gained 1.39 per cent, Hong Kong's Hang Seng was up 0.06 per cent, while Shanghai Composite was down 0.97 per cent in early trading today.

The US Dow Jones Industrial Average ended 1.58 per cent higher yesterday on fall in US bond yields.(PTI)

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
'Panama Papers' law firm shuts down operations
Delhi, Bangalore, Chennai among cheapest cities globally: EIU
Sensex extends losses, down 66 pts; Nifty below 10,400
SBI closes 41.2L SB accounts for not keeping minimum balance
RBI scraps bank LoUs in the aftermath of PNB fraud
Huawei, Savex Technologies partner for enterprise biz in India
Rupee opens 9 paise higher against US dollar
Sensex cautious on weak global cues; TCS cracks 5%
Rupee rises 23 paise against dollar in opening trade
Sensex rallies 301 pts ahead of IIP, inflation data
India braces for Donald Trump's reciprocal tax, may fight it in WTO
Sensex ends marginally lower on late sell-off
Rupee rebounds 4 paise in opening trade
Tata Steel could pip JSW to emerge as highest bidder for Bhushan Steel
Gujarat Refinery to invest Rs 24k cr on projects till 2022
Beneficiaries can get foodgrain quota from any ration shops: Paswan
Sensex rallies 300 pts, metal stocks rebound
BJP leaders meet Mani at home
 (Kottayam, Mar 17, 2018, DG): BJP leaders visited Kerala Congress veteran KM Mani's house on  
Lorries crash into each other at Kuravilangad, 2 killed
Nisha's controversial book: Jose.K.Mani responds to media
Three stars may be opened, Sudheeran warns govt
Turkey-backed forces take 'total' control of Afrin
 (Ankara, Mar 18, 2018):Turkish-backed Syrian rebels have taken total control of the centre of
Crushed hopes greet Aung San Suu Kyi in Australia
Mauritius: Ameenah Gurib-Fakim resigns over credit card scandal
Trump fires former FBI deputy director Andrew McCabe
Sonia targets Modi, accuses him of making hollow promises
 (New Delhi, Mar 17, 2018): Former Congress president Sonia Gandhi today launched an all-out a
Rape attempt on university student
Congress urges EC to revert to paper ballots
Gorakhpur DM among 37 IAS officers shuffled in UP
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.