22
Monday
January 2018
11:27 PM 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)


US dollar ends dearer against rupee
Sensex hits new peak at 35,664.01, Nifty at 10,926.45
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
KERALA NEWS
Dileep has actress attack visuals with him, says prosecution
 (Angamaly, Jan 22, 2018, DG): The prosecution on Monday said that actor Dileep shouldn't be g  
Political attacks continue in Kannur
Class 10 student meets with tragic end at Thiruvalla
Sivankutty MLA writes to CM to drop case on Assembly violence
INTERNATIONAL NEWS
Pence kicks off Israel visit with Netanyahu meeting
 (Jerusalem, Jan 22, 2018): Vice President Mike Pence kicked off his visit to Israel today wit
Rohingya Muslim refugee return to Myanmar delayed
Kabul hotel attack toll at least 22: officials
Ecuador president calls Julian Assange a 'problem'
NATIONAL NEWS
30-year-old medical representative shot dead in Kanpur
 (Kanpur, Jan 22, 2018): A 30-year-old medical representative was shot dead by two unidentifie
SC tranfers pleas on Loya's death from HC to apex court
2008 Gujarat blasts mastermind held by Delhi police
Pak shells areas along LoC, IB in Jammu
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.