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December 17, Sunday 2017 3:24 PM       

       HEADLINES: State home department a failure: Chennithala                                              It’s not an off-the-cuff decision: K M Mani                                              Kerala Congress M will seize to exist after next election                                              We don’t need opportunists in LDF: Kanam                                              Ockhi: Two more dead bodies found, death toll rises to 74                                              Sonia Gandhi turns nostalgic during her last speech as Cong chief                                              Guj polls: BJP will lose if EMVs don’t malfunction, says Hardik Patel                                              Bengaluru police say no to Sunny Leone's New Year bash                                              Rahul Gandhi will infuse new energy into Congress: Sachin Pilot                                              Rahul Gandhi takes over as Congress president                                              Al-Aqsa preacher slams Trump for recognising Jerusalem as Israel's capital                                              Toronto billionaire couple found dead at their home                                              2 people died as 6.5 magnitude earthquake hits Indonesian island                                              South Asian peace only if Pak 'miltablishment' stops support to Islamic terrorists                                              Agassi could prove to be good coach for Djokovic: Becker                                              Sindhu enters title round of Dubai Super Series Finals                                              Sania Mirza to give Australian Open a miss                                              ISL 2017/18: FC Goa outplay Delhi Dynamos to move into top spot                                              ISL: Kerala Blasters defeat 10-man NorthEast United by slender margin                                              Kaumudi Facebook
       BUSINESS Next Article: RBI leaves key rate unchanged; retains growth forecast at 6.7%  
       Sensex rebounds 149 points in early trade
 
         Posted on :12:23:29 Dec 7, 2017
   
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       Last edited on:12:23:29 Dec 7, 2017
         Tags: Sensex rebounds 149 points in early trade
 

MUMBAI: The benchmark Sensex staged a strong comeback in early trade Thursday gaining over 149 points on widespread buying by participants amid positive Asian cues.

The 30-share index was trading higher by 149.05 points, or 0.46 per cent at 32,746.23. All the sectoral indices led by capital goods, power, oil & gas and PSU were trading in the green with gains of up to 1.20 per cent.

The gauge had lost 205 points yesterday following the Reserve Bank's decision to leave interest rates unchanged and raised the inflation forecast for the remainder of the current fiscal to 4.3-4.7 per cent.

Also, the NSE Nifty recovered by 49.25 points or 0.49 per cent to 10,093.35.

Major gainers were Tata Steel, L&T, Hero MotoCorp, Adani Ports, Bajaj Auto, Maruti Suzuki, Hindustan Unilever, Bharti Airtel, NTPC, Power Grid, Axis Bank, SBI and ICICI Bank, rising up to 1.32 per cent.

Brokers said buying by domestic institutional investors (DIIs) and a firm trend at other Asian bourses improved the market sentiment.

DIIs had bought shares worth Rs. 995.11 crore, while foreign funds sold shares to the tune of Rs. 1,217.92 crore yesterday, the provisional exchange data showed.

In the Asian region, Hong Kong's Hang Seng was up 0.10 per cent while Japan's Nikkei gained 1.27 per cent in early trade today. Shanghai Composite Index, however, shed 0.52 per cent.

The US Dow Jones Industrial Average ended 0.16 per cent down yesterday.

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       BUSINESS
Next Article: RBI leaves key rate unchanged; retains growth forecast at 6.7%
 
 
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