• News
  • Research

Sensex shot up by 301.09 pts

Sensex shot up by 301.09 pts

It soon hit the day's high of 32992.45 following all-round buying.

"On the macro front upcoming RBI policy and Gujarat state election will be an influential factor for investors which is steering the market to consolidate", said Vinod Nair, Head of Research, Geojit Financial Services. This is its biggest single-day jump since May 25, when it had gained 149.20 points. Australian stocks put on 0.4 per cent.

The stocks of state-run oil marketing companies such as like Hindustan Petroleum Corporation Limited, Bharat Petroleum Corporation Limited and Indian Oil Corporation recorded gains of up to 1.83% after global crude prices dropped by almost 3% to trade below $63 a barrel.

In the Sensex pack, with Sun Pharmaceutical, Tata Motors, Bharti Airtel, Hindustan Unilever and ITC all gaining more than 2% each.

Bank stocks, in fact, fell on Wednesday after the RBI made a decision to keep the repo rate unchanged in its monetary policy review.




On the other hand, Coal India (0.49%), and Dr Reddy'S Laboratories (0.09%) were the major losers in the Sensex.

On Thursday, bargain hunting by investors and robust buying in auto, consumer durables and capital goods stocks lifted the benchmark indices. All the sectoral indices also ended in the green.

Most Asian and European markets rallied as investors awaited major economic data from China and the USA amid overnight gains at Wall Street following reports that President Donald Trump is planning to unveil a big-spending public works plan.

Meanwhile, foreign portfolio investors offloaded shares worth net Rs 333.59 crore, while domestic institutional investors (DIIs) bought shares to the tune of Rs 776.18 crore on Tuesday, as per provisional data. The index posted its biggest weekly gain since early November, climbing 1.27 percent this week. Paris CAC fell 0.29% and Frankfurt's DAX shed 0.13%. London's FTSE was up 0.27 percent.

Leave Your Comment

Leave Your Comment


Latest News

  • You can purchase PUBG's Warrior Pack right now on Xbox One

    You can purchase PUBG's Warrior Pack right now on Xbox One

    According to Bluehole, Miramar will be playable during the final test round before PUBG version 1.0 delivers the goods. BlueholeAn official " PlayerUnknown's Battlegrounds " screenshot shows off one of Miramar's industrial areas .
    John Mayer Hospitalized, Undergoes Emergency Appendectomy

    John Mayer Hospitalized, Undergoes Emergency Appendectomy

    John Mayer underwent an emergency appendectomy Tuesday morning, forcing the rocker to postpone a New Orleans Dead & Company show. He's now set to play at the Alice in Winterland concert in San Francisco with Matt Nathanson and Maren Morrison on December 12.
    Missing Florida teen found safe in NY , officials say

    Missing Florida teen found safe in NY , officials say

    Marys, Georgia, on Sunday morning, and was later that day seen with Rodriguez on surveillance video at a Pilot gas station in St. Friday by a State Police investigator, Todd Grant, who recognized Rodriguez's red Mercury sedan and its Florida license plates.
  • Check Out This Amazing PS2 Legacy Dashboard Theme For the PS4

    Check Out This Amazing PS2 Legacy Dashboard Theme For the PS4

    Jak 2, Jak 3 and Jak X Combat Racing were developed by Naughty Dog for PlayStation 2 between 2003-2005. A couple of months have passed since Jak and Daxter: The Precursor Legacy has been accessible on PS4.
    Latest on the tax bill: GOP making major changes

    Latest on the tax bill: GOP making major changes

    Senate leaders both declared the report junk and claimed it vindicates their claim that the tax bill will pay for itself. GOP leaders toiled behind the scenes Wednesday in hopes of readying a long-anticipated tax bill for a floor debate.
    White House Considers Replacing Tillerson as Secretary of State

    White House Considers Replacing Tillerson as Secretary of State

    Trump on Thursday refused to answer questions about a White House plan to replace Tillerson after less than a year on the job. Ryan said she wouldn't believe it unless she saw Huckabee Sanders actually bake it.
  • Robert Rodriguez Returns with first trailer for Alita: Battle Angel

    Robert Rodriguez Returns with first trailer for Alita: Battle Angel

    For one thing, Salazar looks incredible as the wide-eyed heroine, and her quiet moments look as compelling as her action beats. Fox Studios has revealed the first footage from the Alita: Battle Angel movie as the trailer will be released online tomorrow.
    Keep calm, however new North Korea missile check a…

    Keep calm, however new North Korea missile check a…

    After the missile was tested, Trump tweeted Wednesday that "additional major sanctions will be imposed on North Korea". McMastersaid Saturday that the chances of war between North Korea and the United States are "increasing every day".
    House Arrest Ends As Manafort's Bail Is Modified

    House Arrest Ends As Manafort's Bail Is Modified

    The other three properties are a condo that Manafort owns in Virginia, along with homes in Florida and the Hamptons. Manafort, an global political consultant, has surrendered his passports and agreed he won't travel overseas.
  • Apple reportedly may buy music identifying app Shazam for $400M

    As Spotify continues to inch towards a public listing , Apple is making a move of its own to step up its game in music services. One source puts the price of the acquisition around US$401 million, although Shazam was once valued at US$1 billion dollars.
    Priyanka Chopra voted Sexiest Asian Woman, dethroning Deepika Padukone

    Priyanka Chopra voted Sexiest Asian Woman, dethroning Deepika Padukone

    This marks the fifth consecutive year that the global star has made her presence felt on the "Sexiest Asian Woman" list. While he appreciated her courage to often experiment with the unknown, he also called her as a symbol of girl power.
    49ers QB Jimmy Garoppolo might get first start against Bears

    49ers QB Jimmy Garoppolo might get first start against Bears

    The team announced Tuesday that the recently acquired quarterback will start Sunday on the road against the Chicago Bears . Garoppolo was expected to take over the starting job for the 49ers after the franchise traded for him four weeks ago.
  • Arkansas Focused on Chad Morris in Coaching Search

    Arkansas Focused on Chad Morris in Coaching Search

    He was the offensive coordinator and quarterbacks coach for Clemson from 2011-2014. The 49-year-old Morris will formally be introduced on Thursday.
    Hundreds of firefighters battle dynamic brush fire in Southern California

    Hundreds of firefighters battle dynamic brush fire in Southern California

    Their luxury home in Bel-Air, which they had just put on the market three days ago, was "in the middle of it all", he said . The National Weather Service says winds are likely to die down Tuesday afternoon through the evening.
    LA Auto Show: BMW i8 finally takes its top off

    LA Auto Show: BMW i8 finally takes its top off

    The combined power output of 369bhp and 570Nm is channelled through a six-speed automatic gearbox to the rear wheels. The Roadster gains 60kg over the coupe , mainly on account of the reworked chassis that allows for the folding roof.
  • Rep. Conyers announces he's retiring, endorses son to fill seat

    Rep. Conyers announces he's retiring, endorses son to fill seat

    Settlements are paid out of a special Treasury Department fund designated for the goal or out of members' office budgets. Giving up his spot on the committee was a move that a senior Democratic aide said Pelosi helped orchestrate.
    Jimbo Fisher leaving Florida State for Texas A&M job

    Jimbo Fisher leaving Florida State for Texas A&M job

    Their last conference title came in 2014, with the season bottoming out at 5-6 heading into this weekend's rescheduled game. We appreciate all he has done for our program and wish him and his family great success moving forward.
    NC Police: Missing three-year-old girl is believed to be dead

    NC Police: Missing three-year-old girl is believed to be dead

    A statement issued by the Sheriff's Office says the child, Mariah Woods, is believed to be dead. Investigators have charged him with concealing death, obstruction of justice and other charges.

Breaking News



Recommended

Bayonetta 3 is happening, and it's exclusive to Nintendo Switch

Nintendo also announces that the first two games in the series will also be released on Nintendo Switch early next year. Nintendo said at The Game Awards that Platinum Games is developing Bayonetta 3 exclusively for the Switch .

Pope Francis wants to modify the "Our Lord" prayer

Pope Francis also had a discussion, regarding the moves being made by the United States, with Palestinian President Mahmoud Abbas on Tuesday.

Feuding with Amazon, Google pulls YouTube from Fire TV and Echo Show

Sans YouTube, Amazon looks to be banking on its in-house services and against the Chcolate Factory's built-in customer base. Google has now pulled the plug on the sneaky workaround, and will be removing YouTube from Fire TV from 1 January 2018.

Why Irish border deal is crucial to Brexit

He added: "The indications we have is that we are in a much better place now than we have been in the negotiations to date".

Immunizations A Priority During National Influenza Week

And there's more bad news, it seems the dominant strain this year will be H3N2, which is a more severe form of the flu. AHS's statistics also indicate influenza has been somewhat more active earlier in the season than a year ago .

Jets avoid another fourth-quarter collapse with 38-31 victory over Chiefs

The Kansas City Chiefs didn't change quarterbacks on Sunday from Alex Smith to Patrick Mahomes . In last week's loss to the Panthers, the Jets had a first and goal at the one yard line.

Yogi Adityanath meets PM Modi in Delhi

The Congress Vice President Rahul Gandhi has faced massive drawback in Amethi parliamentary constituency of Congress. Calling it a "historic win", he credited the victory to PM Modi's vision and BJP president Amit Shah's guidance.

Search continues for 3-year-old girl missing from North Carolina

The FBI said that law enforcement officers and dive teams searched a wooded area surrounding Mariah Woods's home. Monday. "We are not releasing it to the public at this point", Onslow County Sheriff Hans Miller said to WRAL .

Microsoft may have Apple HQ jealousy as it commits to Redmond refresh

This will connect with a planned Redmond Technology Transit Station where the Link Light Rail is expected to arrive in 2023. However, the net result will be an increase from 125 buildings today to 131 buildings once the project is complete.

Bellagio Poker Cage Robbery

A person who was brought to the casino against his will has been cooperating with police, according to Capt. Authorities say the man fled the scene in a silver Chevrolet Cruze with Nevada license plates.