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February 22, Thursday 2018 2:39 PM       

       HEADLINES: Kerala initiates NRI chit funds; Centre approves online auction                                              Body of woman found under suspicious circumstances                                              Fire at Kochi refinery                                              Shuhaib murder: Will respond during state meet, says Yechury                                              Party offices, houses destroyed: Bomb attack in Kannur                                              Meet Avani Chaturvedi: First Indian woman to fly fighter jet                                              Medical reports show injury on Delhi Chief Secretary                                              India ranks 81st in global corruption perception index                                              Khalistani terrorist invited for Trudeau reception                                              Santosh Trophy final phase to kick-off in Kolkata                                              Centurion T20I: Match washed out, Indian eves hold the lead                                              Centurion T20I: Proteas win toss, put India to bat first                                              Kaumudi Facebook
       BUSINESS Next Article: PM woos investors at Oman-India business meeting  
       Sensex extends rally, rises 173 pts on positive macro data
 
         Posted on :01:36:25 Feb 15, 2018
   
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       Last edited on:01:36:25 Feb 15, 2018
         Tags: Sensex extends rally, rises 173 pts on positi
 
Mumbai:The benchmark BSE Sensex gained 173 points to 34,473.43 in early trade on Wednesday, rising for the second straight session on back of positive macroeconomic data and sustained buying by domestic institutional investors (DIIs) amid appreciating rupee.
 
Besides, a mixed trend in other Asian markets following positive lead from Wall Street buoyed sentiment here.
 
The 30-share barometer rose 172.96 points, or 0.50 per cent, to 34,473.43 in opening session. All sectoral indices were trading in the green, with realty, metal, capital goods and oil & gas rising up to 1.65 per cent.
 
The NSE index Nifty climbed 41.50 points, or 0.39 per cent, to 10,581.25.
 
Brokers said buying picked up on positive economic data.
 
Industrial output grew by 7.1 per cent in December and retail inflation eased in January to 5.07 per cent.
 
DIIs bought shares worth Rs 1,342.70 crore on net basis, while foreign portfolio investors (FPIs) sold shares worth Rs 814.11 crore on net basis on Monday, provisional data showed.
 
Major gainers were Bharti Airtel, HDFC, Adani Ports, Wipro, RIL, Dr Reddy's, L&T, HDFC Bank, Infosys, Tata Steel, M&M, Yes Bank and Coal India, gaining up to 1.92 per cent.
 
Among other Asian markets, Hong Kong's Hang Seng was up 0.73 per cent and Singapore edged up 0.05 per cent, while Japan's Nikkei fell 0.64 per cent and China's Shanghai Composite index slipped 0.32 per cent.
 
The US Dow Jones Industrial Average, however, closed 0.16 per cent higher in Tuesday's trade.
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       BUSINESS
Next Article: PM woos investors at Oman-India business meeting
 
 
BUSINESS HEADLINES
Sensex slips 144 points ahead of F&O expiry  
EPFO cuts interest rate to 8.55 pct for 2017-18  
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Milkbasket to hire 2,000 employees  
AI launches non-stop New Delhi-Amritsar-Birmingham flight  
Lakme Fashion Week, WeWork kickstart fashion Incubation program  
Finway Capital empowers borrowers with easy access to funds  
Rajesh Kakkar is offshore director of ONGC  
Glitches in GSTN remain cause of concern  
Post bank scams, Sensex tanks 462.10pts  
'Maharashtra has great business potential'  
Sensex drops 195 pts, Nifty below 10,400  
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  
 
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