24
Sunday
June 2018
8:47 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
Sensex, Nifty hit new record high on fund inflows
 
(Agartala, Jan 5, 2018): The BSE Sensex today soared to the life-time high of 34,175.21 and the NSE Nifty scaled the historic 10,562.80 mark in late morning trade as banking, metal and realty stocks advanced following continuous foreign fund inflows and increased buying by domestic institutional investors.

The 30-share Sensex spurted 205 points, or 0.60 per cent, to all-time high of 34,175.21 points, breaching its previous record high (intra-day) of 34,137.97 scaled on December 27.

The gauge had gained 176.26 points in the previous session.

Sentiment got a lift following an improvement in liquidity in the market on sustained inflows by foreign funds amid the government moving forward on its bank recapitalisation programme, brokers said.

The finance ministry yesterday sought Parliament's nod for extra expenditure of Rs 80,000 crore towards recapitalisation of bad loans-saddled public sector banks through bonds.

Foreign portfolio investors (FPIs) bought shares worth a net of Rs 212.05 crore, while Domestic Institutional Investors (DIIs) made purchases worth a Rs 325.24 crore yesterday, as per provisional exchange data.

Banking behemoth SBI rallied 0.83 per cent while Punjab National Bank gained 1.50 per cent. Bank of Baroda also gained 0.67 per cent. Private peers ICICI Bank, Yes Bank, IndusInd Bank, HDFC Bank and Kotak Bank too rose by up to 3.15 per cent.

All the sectoral indices led by metal, consumer durables and bank, trading in the positive zone with gains of up to 1.41 per cent.

The 50-share Nifty also hit a new high of 10,562.80 by soaring 58 points, or 0.54 per cent. It also cracked previous record (intra-day) of 10,552.40 points reached on December 27.

Globally, in the Asian region, Japan's Nikkei rose 0.55 per cent, Hong Kong's Hang gained 0.18 per cent, while China's Shanghai Composite Index rose 0.23 per cent in their early deals.

The US Dow Jones Industrial Average continued its record-setting run by ending 0.61 per cent higher in yesterday's trade.(PTI)


Infosys stable and on verge of something momentous: Nilekani
Prof Debashis Chatterjee assumes charge as Director of IIM-K
Air India set to have 'Maharaja' class seats on international flights
Taj group acquires Lutyen's Delhi hotel in NDMC auction
Air India set to have 'Maharaja' class seats on international flights
Google announces training programme for journalists
Sensex tanks 261 pts as US-China trade spat escalates
FCA India launches Jeep Compass variant at Rs 17.53 lakh
RBI releases June '18 issue of monthly bulletin
Walmart expects to close Flipkart deal by the end of 2018
Passenger vehicle sales rise 20% in May
Cabinet approves bailout package for sugar industry
India to enter top 10 OTT video markets in 4 years: PwC
Kochhar on annual leave, not forced one: ICICI Bank
In AirAsia Case, CBI To Probe Role Of 2 Former Ministers
London police seize bitcoin worth $667,000 from hacker
PNB fraud: ED files charge sheet against Nirav Modi, associates
Natco Pharma PAT for Q ending March 31 up by nearly 70 pc
SBI Q4 loss at Rs 7,718 crore as NPA provisions jump
PNB fraud: ED attaches Nirav Modi’s properties worth Rs 171 cr
KERALA NEWS
Kerala among 13 states on thunderstorm alert
 (New Delhi, May 7, 2018): Thunderstorms accompanied by squall, hail and heavy rains are likel  
Kerala Karshaka Jadha Opens to a Great Beginning / Video
Malappuram press club attack: RSS workers nabbed
Workers injured in mudslide at construction site
INTERNATIONAL NEWS
Boko Haram raid kills five in Nigeria: residents
 Kano(Nigeria), Jun 23 (AFP) At least five people were killed and six others injured in a night-time
Musharraf says he has not quit politics
UN slams Trump over child detentions
Trump tells GOP to 'stop wasting their time' on immigration
NATIONAL NEWS
AP will be torn apart if 'monkey gangs' come to power: CM
 Amaravati, Jun 23 (PTI) Criticising his political opponents, Chief Minister N Chandrababu Naidu toda
Congress neglected development of cities: PM
Javadekar assures students will not have to travel outside home state for NEET
YEIDA former CEO accused in land scam arrested
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.