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Sensex Moves Higher, Nifty Near 10500; Midcaps Outperform: 10 Updates
09 February 2018, 01:43 | Austin Hogan
Bharti Airtel drags BSE Telecom index down
The BSE Sensex was 420 points up at 34,503 while NSE Nifty was 117 points up at 10,593. While the Sensex fell 113 points when the closing bell was sounded, the Nifty closed below 10,500 mark. Market participants said that investor sentiments got a boost from improved outlook on economic growth and a decline in crude oil prices.
According to the provisional data released by the stock exchanges, foreign portfolio investors (FPI) offloaded shares worth Rs 2,297 crores.
The Sensex touched a high of 34,634.35 points and a low of 34,108.76 points during intra-day trade.
Volatility index India VIX slipped 8.59% at 17.7925.
Market insiders feel that healthy buying in banking, metals, auto and healthcare stocks added to the upward trajectory of the key indices. The BSE Bankex rose 324 points or 1.12% to 29,396 level.
Among the 50 stocks in the Nifty50 index, 41 were trading in the green, while 9 were in the red.
Angus King celebrates announcement of new lobster emoji
He thanked the emoji-creating company "for recognizing the impact of this critical crustacean, in ME and across the country". The Unicode Consortium has announced the finalization of the Emoji 11.0 standard which adds 157 new emojis.
Misaligned switch caused Amtrak-CSX train crash in Cayce
Suddenly awake, Larkin said the train was shaking and jumping and his seat broke loose, slamming him into the row in front of him. Richard Blumenthal of CT said the nation's railroads must be made safer, declaring, "Business as usual must end".
On the Nifty, most valued stock was Galaxy Surfactants which closed 13.44% higher after making its debut on bourses today. Face value per share is Rs 5.
The broader markets outperformed benchmarks, with the Nifty Midcap rising 1.8 percent and BSE Smallcap index gaining 2.25 percent on strong breadth. 118 stocks were unchanged. Net sales were up 30 percent at Rs 3,417 crore.
New Delhi, Feb 8 Shares of drug maker Cipla today surged almost 8 per cent, a day after the company reported 7 per cent rise in profit for the third quarter ended December 2017.
It was at Rs 990.01 crore in the same period of previous fiscal, Bharat Forge said in a regulatory filing.
Its revenue from operations stood at Rs 1,390.55 crore.
The company's consolidated revenue rose 7 per cent to Rs 3,914 crore in the quarter, compared with Rs 3,647 crore in the corresponding period a year ago.
Celebrity Big Brother premieres February 7
Tony victor Marissa Jaret Winokur acknowledged that she'd rather work with Omarosa than be at odds with her. But one thing was for sure: Omarosa sounded more determined than ever to win this season.
Jones piles pressure on 'third-choice' Patchell
Wales pride themselves on their fitness, an area where before the tournament Jones highlighted the need for improvement. Coverage: Live radio commentary on BBC Radio 5 live, BBC Radio Wales & BBC Radio Cymru.
General Motors reports 3.9 billion Dollars loss in 2017
The auto manufacturer reported $0.39 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by ($0.03). When we look at the Volatility of the company, Week Volatility is at 6.97% whereas Month Volatility is at 4.77%.
Glenn Maxwell ton powers Australia to T20 win over England
Eoin Morgan came to the crease and the England captain supported Malan as the pair continued to contribute at ten runs an over. England , troubled by Australia's spinners, lost their last six wickets for 33 in registering a below-par total of 155.
LeBron James: I Would Never Waive My No-Trade Clause
But James' immediate future is clear. "I owe it to my teammates to finish this season out no matter how it ends up". They made adjustments, and it worked, and we just kept getting hit with the same thing, and we made no adjustments.
Sri Lanka opt to bat first in second Bangladesh Test
They cashed in on the loose deliveries from Mehidy and Razzak, who were guilty of bowling short on several occasions. One such shot, a slog-sweep for a six off Taijul, helped Mendis bring up an 81-ball fifty.
Chelsea give Antonio Conte chance to save his job
Chelsea FC finished seven points clear of their closest title challengers Tottenham Hotspur in the Premier League last week. Conte made a number of mistakes past year , but that one might prove to be the biggest.
US Attacks Pro-Assad Forces In Syria, Escalating Tensions
Artillery and tank rounds were used by pro-Bashar Assad soldiers against the US-backed Syria Democratic Forces on Wednesday. United States forces reportedly responded to an "unprovoked attack" by Syrian pro-regime forces with airstrikes.
Almost 11.8M enroll in Obamacare in 2018
Sign-ups through the federal exchange fell 8.2 percent here a year ago , down to 1.13 million from about 1.23 million in 2016. That's expected to embolden some healthy people to go without coverage, which would raise premiums for those left behind.