23
Tuesday
October 2018
3:08 AM IST
News Headlines
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Business News
Sensex recovers over 100 points on value-buying, global cues
 
Mumbai, Sep 19 (PTI) The BSE Sensex rebounded over 100 points in opening trade Wednesday on value-buying in recently battered stocks amid strength in the rupee and positive global cues.

The 30-share BSE index recovered by 142.26 points, or 0.38 per cent, to 37,432.93 in opening trade.

The index had lost almost 800 points in the previous two sessions as rupee woes and trade war worries spooked investors.

The NSE Nifty was up 50.55 points, or 0.44 per cent, at 11,329.45.

Sectoral indices, including metal, healthcare, oil and gas, FMCG, auto, capital goods, realty, and banking were trading in the positive terrain by rising up to 1.06 per cent.

The rupee recovered from its record low by rising 28 paise to 72.70 against the dollar at the forex market. The domestic unit had closed at record low of 72.98 Tuesday.

The top gainers were Coal India, Asian Paint, ONGC, Sun Pharma, Tata Steel, ITC, Tata Motors, L&T, Bharti Airtel, Bajaj Auto, Axis Bank, IndusInd Bank and Kotak Bank rising up to 2.03 per cent.

While, PowerGrid, NTPC, SBI, Wipro, HDFC, ICICI Bank and HUL were among the losers, declining up to 0.96 per cent.

Domestic institutional investors (DIIs) made purchases worth a net of Rs 264.66 crore, while foreign portfolio investors (FPIs) continued their selling and offloaded shares worth a net of Rs 1,143.73 crore Tuesday, provisional data showed.

Overseas, most Asian shares were trading higher, tracking higher closing in the US market overnight.

Japan's Nikkei rose 1.52 per cent, Shanghai Composite Index was up by 0.97 per cent and Hong Kong's Hang Seng gained 1.28 per cent.

The US Dow Jones Industrial Average ended 0.71 per cent higher Tuesday.


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Sun Pharma expects normalisation of India biz in FY'19
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Cabinet Gives Nod to New Telecom Policy to Create 40 Lakh Jobs
Cabinet okays Rs 4,500 crore package to sugar industry
Instagram departures hit Facebook shares
Sensex ends in red after 1,000-pt flash crash
OYO to hire over 2,000 tech experts, engineers by 2020
Deepak Kapoor Appointed the new Chairperson of Save the Children
KERALA NEWS
Vijayan urges UAE Keralites to back salary challenge
 (Abu Dhabi, Oct 18, 2018): Kerala Chief Minister Pinarayi Vijayan has urged Keralite business  
Sabarimala row: Protests against SC verdict continue
Balabhaskar's wife Lakshmi shifted to ICU
Idukki dam's one shutter opened
INTERNATIONAL NEWS
22 Miners Trapped In China's Coal Mine Accident
 (Beijing, Oct 21, 2018):Twenty-two miners were trapped following a coal mine accident in Chin
Maldives judiciary upholds poll result
Top Afghan Police Chief Killed In Shooting, US General Unhurt
Putin says IS seized 700 hostages in Syria; executing some
NATIONAL NEWS
Student gang raped in Muzaffarpur
 Muzaffarpur: A class nine student has been allegedly gang raped in her home in Bihar's Muzaffarpur t
Rafale deal will 'sink' Modi government: Ashok Gehlot
Sabarimala verdict: SC to decide hearing review petitions tomorrow
Fans react to Deepika-Ranveer wedding announcement
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