Uber and Volvo are upping their self-driving auto agreement
Moody's morning surprise brings cheers in India
The best offers, discounts and cheap deals
Keystone pipeline in South Dakota shut down after leak detected
France chosen over SA to host 2023 Rugby World Cup
Monsoon hopes lift Sensex to new high
12 May 2017, 04:55 | Frank Carlson
Sensex gains 78 points on Asian cues Nifty tops 9,300
Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher.
Meanwhile, the NSE Nifty regained the 9,300-mark by rising 24.05 points, or 0.26 per cent, to trade at at 9,309.35.
"Nifty shifted into minor upside move today and closed the day higher by around 28 points led by cement and bank stocks on a low volume day".
Both indices had hit their earlier highest levels on May 5, when the NSE index had touched 9,377 and Sensex, 30,177.
The Dow slipped 0.2 percent and the S&P 500 eased 0.1 percent while the tech-heavy Nasdaq Composite rose 0.3 percent to reach a fresh record closing high for a second day in a row. Bharti Airtel was the top gainer, soaring 7.9% as investors shrugged off an nearly 70% drop in fourth-quarter profit and cheered a better-than-expected performance on margins and volume growth.
"The ordinance is definitely having a positive impact", Sedani said.
In what started as a massive market rally, Sensex and Nifty saw lifetime highs in trade today only to reverse gains to trade flat as the market inched towards the closing bell.
Dick Advocaat to be hired as Netherlands coach Blind's 20-month spell was a forgettable one as he failed to guide the team to the 2016 European Championships. He guided Netherlands to the quarter-finals of the 1994 World Cup and the semi-final stage at Euro 2004.
In investments, provisional data with the exchanges showed that foreign institutional investors (FIIs) purchased stocks worth Rs 1,306.71 crore, while domestic institutional investors (DIIs) divested scrip worth Rs 1,037.18 crore.
Major index gainers were HUL, Bharti Airtel, M&M, HDFC Ltd, Adani Ports, Cipla, Power Grid, Reliance Industries, ITC Ltd, NTPC, Bajaj Auto, HDFC Bank and L&T.
The market breadth favoured the declines as 1,246 shares advanced against a fall of 1,588 shares, while 169 shares were unchanged.
Indian shares extended their record-breaking run on Thursday with auto stocks rallying on expectations of lower interest rates after a better monsoon forecast eased inflation fears in a country that depends heavily on rains to irrigate its farmlands.
Among the sectoral indices, consumer durables rose 1.65 per cent, auto 0.98 per cent, metal 0.69 per cent, teck 0.57 per cent, healthcare 0.55 per cent and IT 0.29 per cent.
Hong Kong's Hang Seng rose 0.36 per cent, while Japan's Nikkei shed 0.26 per cent in early trade. The BSE Mid-Cap index rose 0.05%, outperforming the Sensex.
82 freed Chibok schoolgirls arrive in Nigeria's capital
In Nigeria's capital, Abuja, anxious families were awaiting the official list of names of the 82 schoolgirls freed. At the initial release of girls in October, the government said the release of another 83 would be coming soon.
Sinclair to buy Tribune Media, expanding its local TV reach
That brings into the Sinclair fold Tribune Media's 42 television stations across 33 markets, WGN America and other properties. Sinclair Broadcast Group Inc. will acquire Tribune Media Co. for about $3.9 billion, Sinclair announced Monday.
Reds ride extra-base barrage to rout of Giants
Ty Blach managed to go just three innings as the Reds pounded out 11 hits, 10 runs (eight earned) to beat the Giants 14-2. His mates weren't any more competitive in a 14-2 loss to the Cincinnati Reds at Great American Ball Park Saturday night.
Eliud Kipchoge's fastest marathon won't be recognised
Competitors were aided by 30 world-class runners who took turns in groups of six keeping the pace to reach the record time. The race was run on a Formula 1 track in Italy that is designed with a grade flawless for speed.
Pentagon head makes clear US commitment to protecting Turkey
On Monday, the Damascus government for the first time endorsed the group's battle against Islamic State, with Syrian Foreign. The fall of Tabqa leaves no other major urban settlements on the road to Raqqa , about 40 kilometers, or 25 miles, away.
President Trump meets Russian foreign minister
In their meeting, Trump told Lavrov that Russian Federation needs to rein in Syria's Assad, according to the White House. Senior Democratic Senator Dick Durbin said the Oval Office encounter was a photo opportunity for Russian Federation .