• News
  • Money

Sensex, Nifty rise in opening trade

Sensex, Nifty rise in opening trade

Moves were minor across the region, with blue chip Chinese shares off 0.2 per cent and Australia up 0.1 per cent. Japan's Nikkei was likewise steady, after the index scored its highest close in 25 years on Monday.

The Sensex opened strong at 33,317.72 and touched a high of 33,535.97, but settled at 33,455.79 due to profit-booking, still showing a gain of 205.49 points, or 0.62 per cent.

Wall Street had been led higher by technology and energy stocks, with Apple Inc making the biggest contribution. On Friday, markets ended on a positive note.

Losses in oil marketers such as HPCL, BPCL and International Olympic Committee stocks too weighed.

In the broader markets, the S&P BSE mid-cap index closed higher by 0.36 per cent and the small-cap index by 0.22 per cent. "With pre-Budget talks under way, markets are also weighing the likelihood of the government levying taxes on long-term capital gains", said Anand James, Chief Market Strategist, Geojit Financial Services. The Sensex jumped 301 points or 0.91% to 33,250.30 while the wider Nifty zoomed to 98 points or 0.97% to 10,265.65.

Provisional data with the exchanges showed that foreign institutional investors sold scrips worth Rs 185.60 crore while DIIs bought stocks worth Rs 108.94 crore. On the other hand, realty index fell the most by 1.03 per cent, followed by power 1.02 per cent, banking 0.85 per cent and FMCG 0.76 per cent.

Major Sensex losers were: NTPC, down 1.36 per cent at Rs 177.50; ONGC, down 0.78 per cent at Rs 178.90; Reliance Industries, down 0.55 per cent at Rs 915.90; Hindustan Unilever, down 0.48 per cent at Rs 1,320.35; and Adani Ports, down 0.42 per cent at Rs 390.95.

Leave Your Comment

Leave Your Comment

Latest News

Breaking News


US Ambassador To UK Says He Thinks Trump Will Visit Next Year

He's probably going to take some chances, and an effort to achieve that security goal may be that he'll ruffle some feathers. There were calls for a reciprocal visit to be abandoned after Trump retweeted three anti-Muslim videos on November 30.

Austria gas plant burns after deadly explosion

The underground pipeline belongs to the Vienna-based OMV group, which has confirmed that there was a gas explosion at the site. The Italian wholesale day-ahead price surged 215 percent to 75 euros per megawatt-hour, its highest recorded level.

Global arms sales rise for first time in five years

Japan is clubbed with Australia, Israel, Poland, Singapore and Ukraine under other established producers' category. Russian companies accounted for 7.1 per cent of the overall total.

'Man flu' may be a real thing, says doctor

Kyle Sue , author of the study and an assistant professor of family medicine at Memorial University of Newfoundland in Canada. He said his evidence suggests they really are more likely to be left bedbound by their illness.

McLaren Senna revealed: 'brutal' track-focused hypercar produces 789bhp

The car's extreme aerodynamics take their cues from the 720S , but are shaved of any unnecessary elements to reduce weight. The McLaren Senna is powered by a 4.0 litre turbocharged V8 engine and it comes with 800 Nm of torque.

West Ham 1-0 Chelsea. By Paul Donovan at the London Stadium

The defeat will give Conte some food for thought going into a testing run of fixtures. "I'm always happy when I win". We created chances but didn't take them and now we are talking about a defeat. "We didn't play our stuff".

Tennessee Didn't Fully Sign Memorandum Of Understanding With Greg Schiano

However, the document was missing signatures from chief financial officer David Miller and chancellor Beverly Davenport. The uprising occurred one day after Tennessee's 4-8 season concluded with a 42-24 home loss to Vanderbilt.

Google Home Syncs Your Smart Home Gadgets With One Phrase

Holding Stock: Gilead Sciences, Inc. (NASDAQ:GILD)

Hap Trading Llc increased Avis Budget Group (Put) (NASDAQ:CAR) stake by 246,800 shares to 257,500 valued at $965,000 in 2017Q2. Currently, 1.31 billion total shares are owned by the public and among those 1.3 billion shares have been available to trade.

Celebrations in Saudi as prince lifts cinema ban

Dubai-based conglomerate Majid Al Futtaim, which owns the Vox Cinemas chain, has already said it wants to open the first movie theatre in the kingdom.