19
Wednesday
December 2018
9:53 PM IST
News Headlines
China will not seek to dominate; no one is in position to dictate us: Xi        Stopped earlier, four transwomen offer prayers at Sabarimala        India crash to 140 all out, Australia level series        Zaheer Khan Joins Mumbai Indians as Director of Cricket Operations        Indian national Hamid Ansari returns home after 6 yrs        Stalin proposes Rahul as next Prime Minister        Chief Minister Kamal Nath Waives Farm Loans, 2 Hours After Taking Oath        Pakistan releases Indian prisoner Hamid Nihal Ansari after 6 years        Philippines contestant Catriona Gray named Miss Universe        India vs Australia, 2nd Test: Visitors end Day 4 on 112/5, need 175 more runs to win        Mumbai: 5 dead, over 100 injured after massive fire breaks out at Andheri hospital        Prithvi Shaw ruled out of Australia Test series, Agarwal replaces him        Messi leads Barcelona to 5-0 win over Levante        Sri Lanka: Ranil Wickremesinghe takes oath as PM after SC verdict on crisis        Cambodia seizes record 3-tonne haul of African ivory        PV Sindhu scripts history, clinches maiden BWF Tour Finals title        Virat Kohli slams record-breaking 25th Test ton in Perth        Trump's son-in-law Jared Kushner possible next chief of staff: US media        Sri Lanka PM Mahinda Rajapaksa to resign, says his son after court setback        Rahul Gandhi After Rafale Verdict: "Will Prove PM Helped Anil Ambani"        
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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)


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Shaktikanta Das named new RBI Governor
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New 2018 Maruti Suzuki Ertiga Launched In India, Prices Start At ? 7.44 lakh
Centre's New Move May Escalate Feud With RBI Ahead Of Board Meet: Report
Air India eyes Rs 800 cr from sale of over 70 properties
Intel India opens design house costing Rs 1,100 cr at B'luru
Sensex rebounds 332 pts on easing crude, rupee gains
Govt mulls second round of 2,500 MW medium-term PPA auction
India invites Swedish companies to explore investment opportunities
KERALA NEWS
Activist Rehana Fathima, Who Attempted Sabarimala Trek, Arrested Over Facebook Post
 (Kochi, Nov 28, 2018): Model and activist Rehana Fathima, who tried to reach Kerala's Sabarim  
Good news for Keralite Nurses: IELTS cut-off reduced to 6.5
BJP leader K Surendran, 71 others granted bail
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
INTERNATIONAL NEWS
China will not seek to dominate; no one is in position to dictate us: Xi
 (Beijing, Dec 19, 2018):Chinese President Xi Jinping on Tuesday vowed that his country will n
Pakistan releases Indian prisoner Hamid Nihal Ansari after 6 years
Philippines contestant Catriona Gray named Miss Universe
Sri Lanka: Ranil Wickremesinghe takes oath as PM after SC verdict on crisis
NATIONAL NEWS
Indian national Hamid Ansari returns home after 6 yrs
 (New Delhi,Dec 19,2018):Indian national Hamid Nehal Ansari, who was arrested eight years back
Stalin proposes Rahul as next Prime Minister
Mumbai: 5 dead, over 100 injured after massive fire breaks out at Andheri hospital
Rahul Gandhi After Rafale Verdict: "Will Prove PM Helped Anil Ambani"
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