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September 24, Monday 2018 2:46 PM       

       HEADLINES: Housewife hacked to death                                              Three killed in two accidents at Ernakulam                                              Questions asked to nun were asked to Suryanelli victim as well: K R Meera                                              O Rajagopal’s life should be included in syllabus, says BJP                                              R B Sreekumar tortured me, says Mariyam Rasheeda                                              France fears Hollande's remarks on Rafale deal may hurt ties with India                                              Japanese supply ship heads to space station after delays                                              Russia warns US it is 'playing with fire' with sanctions                                              Pak PM Imran hits out at India, calls its response "arrogant" for cancelling talks                                              Gavaskar impressed with Rohit Sharma's captaincy                                              Hasan, Asghar, Rashid fined 15 per cent of their match fees                                              Kaumudi Facebook
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       Sensex extends gains on normal monsoon forecast
 
         Posted on :11:48:20 Apr 17, 2018
   
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       Last edited on:11:48:20 Apr 17, 2018
         Tags: Sensex gains, normal monsoon forecast
 

MUMBAI: Extending its rising streak for the ninth session, the benchmark BSE Sensex advanced nearly 100 points in opening trade Tuesday, after forecast of a normal monsoon for the year.

The 30-share barometer was trading higher by 92.66 points, or 0.27 per cent, at 34,398.09, with power, metal, PSU, infrastructure, realty, capital goods and auto sector stocks leading the trend.

The gauge had gained 1,286.36 points in the previous eight sessions.

Similarly, the NSE Nifty rose 29.20 points, or 0.27 per cent, to 10,557.55.

The Indian Meteorological Department yesterday said the country will receive "normal" monsoon rainfall this year, raising hopes for higher farm output and a boost to the rain-dependent rural economy.

Mixed trend at other Asian markets following a positive lead from Wall Street also influenced sentiment.

Major gainers were Power Grid, M&M, NTPC, Tata Steel, Tata Motors, Coal India, Dr Reddy's, Adani Ports and Bajaj Auto, rising up to 3.27 per cent.

Meanwhile, among other Asian markets, Hong Kong's Hang Seng was up 0.02 per cent, Japan's Nikkei edged higher 0.01 per cent in early trade. Shanghai Composite Index, however, fell 0.25 per cent.

The US Dow Jones Industrial Average ended 0.87 per cent higher in yesterday's trade.

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       BUSINESS
Next Article: Trai unveils beta site for comparison of telcos' tariffs
 
 
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