18
Sunday
February 2018
12:12 PM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
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)


Gold slips on fall in demand, global cues
PNB fraud: Nirav Modi, Mehul Choksi's passport suspended; 50 more firms to be raided
Rupee gains 6 paise against dollar in opening trade
Sensex rises 196 pts, Nifty reclaims 10,600-mark
Re gains 14 P to trade at 2-week high in opening trade
Uber CEO aims to pare losses and get 'the love back'
Jewellery stocks take a hit after PNB fraud
Sensex rises over 200 points, Nifty near 10600
Trump slams India for high import tariffs on Harley-Davidson
PM woos investors at Oman-India business meeting
Sensex sheds 144 pts in late sell-off; bank stocks sink
Rupee gains 19 paise against dollar in opening trade
Sensex drops below 34K, Nifty loses over 1.5% amid global fall
Rupee drops 13 paise against dollar at 64.39
Cola And Junk Food Advertisements Banned by Government on Cartoon Channels
Gold plunges by Rs 600 to below Rs 31,000 level
Rupee loses 10 paise against dollar in opening trade
Sensex recovers 168 points in early trade
Sensex down 69 pts as RBI keeps rate unchanged
RBI sees inflation firming up at 5.1% in March qtr
KERALA NEWS
Private bus strike: KSRTC emerges winner, collects crores
 (Thiruvananthapuram, Feb 17, 2018, DG): KSRTC buses have brought in record collection as the  
Policeman found hanging
Shuhaib's murder: Six in police custody
Cracker factory accident at Pathanamthitta: 2 dead
INTERNATIONAL NEWS
Pakistan minor's killer gets four death sentences
 (Lahore, Feb 17, 2018):A Pakistan court on Saturday gave a 24-year-old man four death sentenc
FBI warned about Florida gunman but failed to act
Turkey seeks 18 years jail for German-Turkish journalist
Thailand decorates Myanmar's army chief amid Rohingya crisis
NATIONAL NEWS
AICC plenary from March 16
 (New Delhi, Feb 17, 2018):A plenary session of the AICC to ratify Rahul Gandhi’s election as
Indian Banks Association discusses PNB fraud
Former union minister Ponnusamy joins BJP
CBI arrests 2 PNB officials, searches Brady Road branch
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.