• News
  • Money

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



Recommended

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.

Mohamed Salah Wins BBC African Footballer Of the Year 2017

Mohamed Salah , Liverpool's Egyptian player, has been chosen by fans to win Liverpool's "Player of the Month" award for November - the third time in just four months.

Huntington's disease: why scientists are so excited at 'game changing' breakthrough

The trial involved enrolling 46 patients with early Huntington's disease at nine study centres in the UK, Germany and Canada. Huntington's is an incurable degenerative disease caused by a single gene defect that is passed down through families .

Gillibrand: Donald Trump should resign amid harassment claims

Al Franken , a Minnesota Democrat, to resign because of allegations that he touched or kissed several women inappropriately. Gillibrand said Congress should hold hearings into the allegations, which have been leveled by nearly 20 women.

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.

Cook dismisses retirement talk heading into 150th Test

But I think Trevor Bayliss seems very relaxed and chilled and so does Joe Root at the start of his captaincy. Cook has endured a torrid time at the ongoing Ashes series.

Savanna LaFontaine-Greywind: Suspect CONFESSES to kidnapping, murder of pregnant woman

Authorities haven't said either, but Fargo Police Chief Dave Todd has said her death was a "cruel and vicious act of depravity". Greywind reportedly lived with her parents in the same six-unit building in north Fargo as the couple.

Mum thrown off flight for breastfeeding

Google Home Syncs Your Smart Home Gadgets With One Phrase

Passenger Arrested After Threatening to Kill Everyone on Flight

Her reaction after being forced by the flight attendant to return to her seat left the co-passengers and crew shocked. The station also announced that Curbelo is now booked in the Sacramento county jail for making criminal threats.