Sensex, Nifty at record high; RIL, HDFC Bank stocks fuel rally

25 July, 2017, 00:25 | Author: Elaine Woods
  • Sensex Nifty open on a high on Monday Wipro Lupin early gainers

The BSE Sensex and the NSE Nifty hit record highs in the morning trade on Monday as investors bought oil and gas, IT and banking stocks after better-than-expected financial results. At the close, the benchmark 30-share index, BSE Sensex added 216.98 or 0.68% at 32,245.87 with 18 components posting rise.

In Asia, slipped with the MSCI's broadest index of Asia-Pacific shares outside Japan down 0.2 percent.

At 12.50 p.m., the wider Nifty of the National Stock Exchange (NSE) traded 52.60 points, or 0.53 per cent higher at 9,967.85 points. "The gains in the Nifty were supported by impressive gains in index pivotals HDFC Bank, RIL, ITC and Infosys", Deepak Jasani, Head of Retail Research, HDFC Securities, told IANS. It touched a record intra-day high of 32,320.86 points.

The rupee opened lower at the interbank foreign exchange market and slid by 11 paise to 64.43 per dollar in early trade.

Dante Fowler had previous charges of assaulting officer/EMT, resisting arrest
He then "stomped" on the glasses and took the victim's grocery bag, "with recently purchased liquor", and threw it in a lake. The Jaguars followed his release with a statement that they are now in the process of evaluating the situation .

BSP supremo Mayawati resigns from Rajya Sabha
During her speech, she alleged that Dalits were being targeted and sought attention of the House on the issue. One of India's top female politicians and Dalit (formerly untouchable) icon has quit her parliamentary seat.

Trump's six-month approval rating hits historic low
Approximately so low approval ratings (39%) after six months of his tenure was President Gerald Ford in February 1975. Forty-three percent approve of the president's handling of the economy, while 41 percent disapprove.

The surge has occurred after the International Monetary Fund said India's GDP growth may come in at 7.2 per cent in 2017, even as the fund believes global growth outlook is skewed to the downside in medium-term.

Among other Asian markets, Hong Kong's Hang Seng gained 0.44 percent, while Shanghai Composite Index rose 0.18 percent in their early deals.

Market breadth was negative with 1,275 advances against 1,296 declines.

Software exporter Wipro also rose 1.9 percent after announcing a $1.7 billion share buyback.

Recommended:

  • Navy to commission new first-in-class aircraft carrier Gerald R. Ford

    Navy to commission new first-in-class aircraft carrier Gerald R. Ford

    The air wing to support the Ford could add more personnel to the ship, which is created to house more than 4,600 crew members. Navy bosses boast that the new ship is a "technological marvel" and claim it will carry much more than just fighter jets.

    US Declares Iran complying on Nuclear Deal

    Ultimately, the president's decision was the same on the substance to what his administration had been planning all along. The statement also criticised Iran's support for the Syrian government and groups such as Hezbollah and Hamas .
    Brexit talks start as war breaks out among United Kingdom  ministers

    Brexit talks start as war breaks out among United Kingdom ministers

    Mr Davis said they made a "good start" at last month's preliminary talks - but it was now time to "get to the nitty-gritty".
  • Microsoft to release a Cortana-powered thermostat

    Microsoft to release a Cortana-powered thermostat

    Currently, Microsoft and Johnson's pride rivals with other smart thermostats like the Nest , Ecobee , and Honeywell devices. However, it is not clear whether Microsoft plans to target both businesses and consumers with its thermostat.

    Trade analysis: Yankees used deep farm system to address needs

    Clarkin is an interesting left-handed pitcher who joins the ranks of the Sox' impressive crop of minor league arms. In fact a fanbase is finding more positivity about the White Sox even as the plummet into the standings.
    BBC stars' pay: Full list of corporation's top earners revealed

    BBC stars' pay: Full list of corporation's top earners revealed

    "Ofcom say they will set the BBC targets for on screen diversity but will not set targets for diversity behind the camera". It's important to note that numerous BBC's high-profile stars aren't included in this list.
  • Rights center condemns recent Israeli measures against Jerusalem's al-Aqsa Mosque

    Three Israelis were stabbed to death in the West Bank by a 19-year-old Palestinian who was then shot by a neighbour. Three Palestinians were killed in those clashes and dozens more have been hospitalized, according to the AP.
    Google Announces Redesigned 'Feed' as a Replacement for Google Now

    Google Announces Redesigned 'Feed' as a Replacement for Google Now

    Google has long had ambitions of becoming more like Facebook and Twitter , which have users that spend lots of time on their apps. Furthermore, users can now tap topic headers to delve deeper into them and search everything related to their topic of choice.
    Afghan Girls Robotics Team Allowed To Enter US For Competition

    Afghan Girls Robotics Team Allowed To Enter US For Competition

    Over 160 countries will attend the worldwide robotics challenge which will be held in Washington from July 16. The ordeal has a happy ending but still meant an arduous, emotional journey for the team.
  • California Detwiler Fire Burns Over 25000 Acres, 5000 Residents Near Yosemite Evacuated

    California Detwiler Fire Burns Over 25000 Acres, 5000 Residents Near Yosemite Evacuated

    About 4,500 homes and businesses in Mariposa are threatened by the fire, and thousands of residents evacuated Tuesday. The fire, named the Detwiler fire, started Sunday afternoon and has been growing since to encompass 20,000 acres.
    IIFA 2017: Alia Bhatt, Shahid Kapoor Win Best Actors, 'Neerja' Best Film

    IIFA 2017: Alia Bhatt, Shahid Kapoor Win Best Actors, 'Neerja' Best Film

    They have an adorable baby girl Misha Kapoor together already, who will turn a year older in August. Karan Johar and Saif Ali Khan as hosts endeavored to keep the silliness alive.
    Amazon Anytime - The Revolutionary New Messaging App?

    Amazon Anytime - The Revolutionary New Messaging App?

    Moreover, a very important feature of it will be the ability to share photos and videos with your contacts. Apparently, the app will enable users to chat with businesses for customer service and even for shopping.


Popular

Court case over critically ill baby Charlie Gard resumes
The protracted legal battle between GOSH and Chris Gard and Connie Yates centres around the hospital's treatment of the baby. The judge expressed his sympathy and said that the parents did everything they could for the 11-month-old infant.

New $10 mil Lawsuit for Exposing Woman to STD
TMZ reported that this was actually the second time when Usher and this woman, whose identity has not been revealed, had sex. The R&B singer had been diagnosed with herpes in either 2009 or 2010, New York Daily News reports.

Morning glory: Coffee company recalls product because it contains Viagra-like ingredient
The coffee also contains undeclared milk which could be unsafe for people who are allergic to milk or have milk sensitivity. Best-herbs Coffee is recalling all lots of its New of Kopi Jantan Tradisional Natural Herbs Coffee over safety concerns.

After AlphaBay's Demise, Customers Flocked to Dark Market Run by Dutch Police
Yakir Bechler, chief operating officer of Kela, says it's not clear what the future holds for the surviving black-market sites. AlphaBay , which reportedly listed almost 300,000 items for sale at the time of its disappearance, went down on 3 July.

Where To Watch OJ Simpson's Parole Hearing
The board previously granted Simpson parole in 2013 on his burglary count, two counts of kidnapping, and two counts of robbery. However, Simpson admitted spousal abuse in 1989 after police responded to a domestic violence call at his home .

BBCI: ExxonMobil fined by USA for Ukraine sanctions violations
The company said the eight legal documents it signed were related to ventures with Rosneft, not Sechin personally. Sechin was among top Russian officials to be blacklisted by the USA for Russia's annexation of Crimea in 2014.

Teen killings: Have you seen man in this sketch?
Police said the composite drawing is the result of information received during the course of the continuing investigation. A reward of more than $230,000 is offered for information that leads to the arrest and conviction of anyone responsible.

Tekken 7 imports one of SNK's Fatal Fury fighters to its roster
No other characters have been confirmed just yet, but it's likely we'll see a few more announced in the months ahead. Bandai Namco and Capcom recently partnered in a major initiative to ensure more Tekken x Street Fighter crossovers.

IndyCar driver Esteban GutiƩrrez cleared to drive in Toronto
The race also could have huge implications in the points standings, as Dixon leads second-place Castroneves by just eight points. He won the Grand Prix of Long Beach in April and was third in the first of two races at the Detroit Grand Prix in June.

Maryam Mirzakhani, first woman to win top mathematics prize, dies
After a long battle with cancer, Professor Mirzakhani succumbed to cancer at the age of 40 at a hospital in the USA on Saturday. In Iran, President Hassan Rouhani said that Mirzakhani's "doleful passing" has caused "great sorrow", state media reported.