19
Thursday
July 2018
1:29 AM IST
News Headlines
Bolt poised for surprise trial with Aussie football club        Iceland coach steps down after 7 years in charge        Govt doubles import duty on over 50 textile products        Walmart partners with Microsoft for cloud solutions        Official: 54 released from Taliban prison in Afghanistan        Putin: US-Russia ties should not be held hostage to Mueller probe        Two dead, 3,500 relocated as rains lash parts of Gujarat        LJP raises Dalit issues in all-party, NDA meetings        SC asks Parliament to consider new law to deal with mob lynching        Court's duty to strike down law if it violates fundamental right: SC        After Kohli, assistant coach Bangar comes to Dhoni's defence        France set for heroes' welcome after thrilling World Cup win        Niti Aayog working on proposal to replace LPG subsidy with cooking subsidy: Kumar        May announces new 2 bn pounds UK-Italian fighter jet project        Russia targeted by almost '25 million cyber-attacks' during World Cup: Putin        Afghan official: Taliban kill 7 police in eastern province        Trump and Putin open historic summit        From April next year, national database for gun licence holders        SC refuses to stay new rules on health warning for tobacco products        CBI chargesheets Farooq Abdullah, three others in JKCA scam        
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Business News
Sensex recovers 260 points, Nifty above 10,500-mark
 
(Mumbai, Feb 12, 2018): Stocks staged a strong comeback in early trade with the BSE Sensex gaining over 260 points and the Nifty recaputuring the 10,500-level on continued buying by domestic funds ahead of inflation data to be released after market hours today.

Asian markets were also trading in the green after a late-day rally on Wall Street on Friday.

The 30-share Sensex recovered by 260.12 points, or 0.76 per cent, to 34,265.88 in opening trade. The index had lost 407.40 points or 1.18 per cent to settle at one month low of 34,005.76 on Friday.

All the sectoral indices led by metal, realty and infrastructure were trading in the green with gains up to 1.44 per cent.

The broad-based NSE Nifty went up by 81.65 points or 0.78 per cent to 10,536.60.

Major gainers were ONGC, Tata Steel, Sun Pharma, Bharti Airtel, Adani Ports, L&T, HeromotoCorp and Axis Bank.

Larsen and Toubro rose by 1 per cent after it announced a Rs 2,200 crore order win by its wholly-owned arm L&T Hydrocarbon Engineering from Abu Dhabi-based Al Dhafra Petroleum Operations Company Limited.

SBI, however, dropped 2.85 per cent following poor quarterly results. The PSU lender on Friday posted a net loss of Rs 1,886.57 crore after a massive under-reporting of dud assets in the past fiscal and reverses in treasury operations.

Brokers said sustained buying by domestic institutional investors amid a firm trend at other Asian bourses improved the market sentiment.

Domestic institutional investors bought shares worth a net Rs 588.42 crore while foreign portfolio investors sold shares worth a net Rs 1351.70 crore on Friday, provisional data showed.

In the Asian region, Hong Kong's Hang Seng was up 0.64 per cent and Shanghai Composite Index by 0.39 per cent in early trade. The US Dow Jones Industrial Average ended 1.38 per cent higher on Friday.(PTI)


Govt doubles import duty on over 50 textile products
Walmart partners with Microsoft for cloud solutions
Niti Aayog working on proposal to replace LPG subsidy with cooking subsidy: Kumar
May announces new 2 bn pounds UK-Italian fighter jet project
Mukesh Ambani beats Alibaba's Jack Ma to become richest man in Asia
Rupee up 19 paise against dollar ahead of key macro data release
Sensex rallies 400 pts to hit record high; RIL shares surge 5%
US dollar ends cheaper against rupee
BSNL starts first internet telephony service in India
Silver futures harden by 0.19% on global cues
Passenger vehicle sales rise 38% in June; car sales up 34%
DoT clears Idea-Vodafone merger with conditions
Goyal asks Coal India to ensure supply for power sector
Higher MSP may have inflation, fiscal costs: Report
Modi govt needs to shed 'obsession' with economic growth: Jean Dreze
Will work closely with West Bengal for its progress: Prabhu
Mukesh Ambani announces high-speed broadband, Jio Phone 2 with WhatsApp, FB
Gadkari flags off taxi ambulance services
India expecting US to get in touch with it over sanctions on Iran
Nifty ends higher, hovers around 10,700-mark
KERALA NEWS
Kerala among 13 states on thunderstorm alert
 (New Delhi, May 7, 2018): Thunderstorms accompanied by squall, hail and heavy rains are likel  
Kerala Karshaka Jadha Opens to a Great Beginning / Video
Malappuram press club attack: RSS workers nabbed
Workers injured in mudslide at construction site
INTERNATIONAL NEWS
Official: 54 released from Taliban prison in Afghanistan
 Kabul, Jul 17 (AP) An Afghan official says at least 54 people, including security personnel and civi
Putin: US-Russia ties should not be held hostage to Mueller probe
Russia targeted by almost '25 million cyber-attacks' during World Cup: Putin
Afghan official: Taliban kill 7 police in eastern province
NATIONAL NEWS
Two dead, 3,500 relocated as rains lash parts of Gujarat
 Rajkot/Ahmedabad, Jul 17 (PTI) Two persons, including a school boy, drowned as incessant rains lashe
LJP raises Dalit issues in all-party, NDA meetings
SC asks Parliament to consider new law to deal with mob lynching
From April next year, national database for gun licence holders
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