26
Thursday
April 2018
1:47 AM IST
News Headlines
Supreme Court judges urge CJI to hold full court on issues plaguing judiciary        Macron urges US to help reinvent multilateralism        Scandal-plagued Madrid leader steps down        MS Dhoni, Ambati Rayudu bury RCB as CSK chase down 206 to win        Gautam Gambhir steps down as Delhi Daredevils captain, Shreyas Iyer to lead        Prices of energy commodities set to rise by 20 pc this year: World Bank        Parmanu– The Story of Pokhran to Release on 25th May, 2018        Asaram case: Rape victim's father happy to get justice        States like UP, Bihar keeping India backward: NITI Aayog CEO Amitabh Kant        Engine of Chennai-bound train derails, no casualties        Asaram found guilty of rape, two co-accused convicted        Watch Video: Thrissur Pooram 2018 off to an amazing start        Mysterious deaths in Pinarayi: Soumya confesses to murder of her children, parents        What led to currency deficiency in India? Facts you must know / Video        Trump admin toughens H1-B visa procedure        Thrissur Pooram 2018: Muthukuda preparations in full swing / Video        Aseemanand's confession to police not voluntary: NIA court        Security personnel injured in encounter        Terrorism an enemy of basic human rights: Swaraj at SCO Foreign Ministers' meet        Sania to become mother in October        
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Business News
Sensex recovers 260 points, Nifty above 10,500-mark
 
(Mumbai, Feb 12, 2018): Stocks staged a strong comeback in early trade with the BSE Sensex gaining over 260 points and the Nifty recaputuring the 10,500-level on continued buying by domestic funds ahead of inflation data to be released after market hours today.

Asian markets were also trading in the green after a late-day rally on Wall Street on Friday.

The 30-share Sensex recovered by 260.12 points, or 0.76 per cent, to 34,265.88 in opening trade. The index had lost 407.40 points or 1.18 per cent to settle at one month low of 34,005.76 on Friday.

All the sectoral indices led by metal, realty and infrastructure were trading in the green with gains up to 1.44 per cent.

The broad-based NSE Nifty went up by 81.65 points or 0.78 per cent to 10,536.60.

Major gainers were ONGC, Tata Steel, Sun Pharma, Bharti Airtel, Adani Ports, L&T, HeromotoCorp and Axis Bank.

Larsen and Toubro rose by 1 per cent after it announced a Rs 2,200 crore order win by its wholly-owned arm L&T Hydrocarbon Engineering from Abu Dhabi-based Al Dhafra Petroleum Operations Company Limited.

SBI, however, dropped 2.85 per cent following poor quarterly results. The PSU lender on Friday posted a net loss of Rs 1,886.57 crore after a massive under-reporting of dud assets in the past fiscal and reverses in treasury operations.

Brokers said sustained buying by domestic institutional investors amid a firm trend at other Asian bourses improved the market sentiment.

Domestic institutional investors bought shares worth a net Rs 588.42 crore while foreign portfolio investors sold shares worth a net Rs 1351.70 crore on Friday, provisional data showed.

In the Asian region, Hong Kong's Hang Seng was up 0.64 per cent and Shanghai Composite Index by 0.39 per cent in early trade. The US Dow Jones Industrial Average ended 1.38 per cent higher on Friday.(PTI)


Monetise Air India assets rather than selling stake: SJM to govt
With Fuel Prices Hitting the Roof, Govt Asks Oil Companies Not to Increase Rates: Report
PM Modi flags off Indian Railways' first high speed electric locomotive in Bihar
Axis Bank stock rises 4% after Shikha Sharma's tenure shortened
It's for RBI to decide on Chanda Kochhar's term at ICICI Bank: Finmin
Crisis-hit Deutsche Bank pushes out British CEO
Highlights of RBI monetary policy
Honda India Recalls Activa 125cc, Grazia and Aviator Scooters
Ratnagiri refinery: Pradhan says open to offer majority stake to Aramco
Telcos' pre-tax losses widen to Rs 38,153 cr in 2016-17
India to be ready with 5G roadmap by June: Tel Secy
Sensex, Nifty turn choppy on weak global cues
Facebook says sorry for data breach scandal in British newspaper ads
Global trade facing challenges,India needs to boost exports: Prabhu
Havells appoints Shashi Arora as CEO of Lloyd
Markets consolidate gains, Sensex reclaims 33k-mark
SAIC’s MG Motor India to invest Rs5,000 crore in next six years
Audi to hike car prices by up to Rs 9 lakh from April
RBI sets rupee reference rate at 64.9366 against US dollar
Indians choose travel over shopping, food: Survey
KERALA NEWS
Watch Video: Thrissur Pooram 2018 off to an amazing start
 (Thrissur, Apr 25, 2018, DG): Hordes of devotees thronged the famous Vadakkunathan temple in  
Mysterious deaths in Pinarayi: Soumya confesses to murder of her children, parents
Thrissur Pooram 2018: Muthukuda preparations in full swing / Video
Varappuzha custody death: Chennithala launches hunger strike for CBI probe
INTERNATIONAL NEWS
Macron urges US to help reinvent multilateralism
 (Washington, Apr 25, 2018):French President Emmanuel Macron received a warm, three-minute sta
Scandal-plagued Madrid leader steps down
Trump admin toughens H1-B visa procedure
Armenian Prime Minister resigns amid protests
NATIONAL NEWS
Prices of energy commodities set to rise by 20 pc this year: World Bank
 (Washington, Apr 25, 2018): Prices for energy commodities like oil, natural gas and coal are
Asaram case: Rape victim's father happy to get justice
States like UP, Bihar keeping India backward: NITI Aayog CEO Amitabh Kant
Engine of Chennai-bound train derails, no casualties
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