Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
February 18, Sunday 2018 11:41 PM       

       HEADLINES: Shuhaib murder: Two CPM activists surrender                                              Are those surrendered the real culprits, asks K Sudhakaran                                              Antibiotics and infection prevention- all you need to know                                              We’ve not appointed anyone to take part in channel discussions: Kodiyeri                                              If you don’t come to field, you wouldn’t get paid: Kodiyeri                                              After PNB, City Union Bank hit by fraud                                              Kamal meets Rajini ahead of political tour                                              Democracy is BJP's core value: Modi                                              Giant replica of moon unveiled in Kolkata                                              Passenger plane carrying 66 people crashes in southern Iran                                              Iran greatest threat to world: Netanyahu                                              Russian church shooting leaves 4 dead                                              ISL: Kerala Blasters pips North East United 1-0                                              J'burg T20I: India look to extend dominance against Proteas                                              J'burg WT20I: SA win toss, ask Indian eves to bat first                                              J'burg T20: Bhuvi's fiver seals victory for India                                              Kaumudi Facebook
       BUSINESS Next Article: Smriti Mandhana to be Bata's new brand ambassador  
       Sensex zooms 482 pts, Nifty tops 10,600; rupee recovers 13p
 
         Posted on :17:50:05 Feb 8, 2018
   
A A
       Last edited on:17:50:05 Feb 8, 2018
         Tags: Sensex zooms 482 pts, Nifty tops 10,600
 

MUMBAI: The benchmark BSE Sensex gained momentum in afternoon trade Thursday, rallying over 482 points on continued buying by domestic funds and recovery in the rupee amid higher Asian markets.

On the other hand, Brent crude futures tumbled to a six- week low of USD 65.16 per barrel. A fall in crude prices is seen as positive for Indian economy, which imports most of its oil requirements.

The 30-share barometer stayed in the green through the session on all-round buying. It was trading at 34,565.03 by surging 482.32 points, or 1.41 per cent at 1230 hrs.

The index had lost 113.23 points in the previous session following the Reserve Bank's decision to leave interest rates unchanged that caught the market by surprise.

The broader NSE Nifty also soared 137.60 points, or 1.31 per cent, to quote at 10,614.30.

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

DIIs had bought shares worth Rs. 461.19 crore, while foreign funds sold shares to the tune of Rs. 1,022.50 crore yesterday.

The rupee, at 64.15 notched up gains against the dollar (intra-day), which spurred the bulls.

The broader markets also saw strong buying with BSE small-cap and mid-cap indices rising up to 2.33 per cent.

The gains were broad-based with most of the sectoral indices on the BSE trading in the green. Realty, IT, Banking, Auto and pharma stocks led the gains up to 3.11 per cent.

Major gainers were Dr Reddy's, Sun Pharma, Infosys, TCS, HDFC LTD, Hindunilver, L&T, Maruti Suzuki, M&M and RIL, gaining up to 3.57 per cent.

Axis Bank, PNB, Federal Bank, State Bank of India, Bank of Baroda, Yes Bank, Kotak Bank, HDFC Bank, IndusInd Bank and ICICI Bank advanced by up to 2.70 per cent.

A A
       BUSINESS
Next Article: Smriti Mandhana to be Bata's new brand ambassador
 
 
BUSINESS HEADLINES
Reliance to invest 60,000 cr in Maharashtra  
Retailers accused of levying GST over MRP  
Citizens urge reduction of GST on sanitary napkins  
India, Iran sign double taxation pact  
Refer to these fintech startups for range of medical loans  
SBI launches Global NRI Center to enhance customer experience  
Nifty drops 93 points, ends below 10,500  
Will ask visually challenged to examine new notes: HC  
US dollar ends higher against rupee  
Controversial Economist predicts that India could dethrone western wealth and power  
TCS launches Enterprise Data Lake on Amazon Web  
Budget 2018: Arun Jaitley's education reforms pave way for quality education  
Sensex rises over 200 points, Nifty near 10600  
Sensex extends rally, rises 173 pts on positive macro data  
PM woos investors at Oman-India business meeting  
No change in foodgrain prices  
Punjab National Bank detects $1.77 billion worth of fraudulent transactions, CBI probe ordered  
Chorus of dissent against budget grows: Chidambaram  
TCS among top three employers in N America 2018  
RBI rolls out new stressed assets framework to tackle bad loan problem  
Sensex recovers 260 points, Nifty above 10,500-mark  
15 months after note ban, RBI still processing returned notes  
Union Budget has failed people of India: Chidambaram  
SBI reports Rs. 2,416 cr loss in Q3  
India Post Payments Bank to enable digital payment by April  
 
Do you think Kerala govt is a failure in mantaining law and order in the State?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy