Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
February 22, Thursday 2018 2:29 AM       

       HEADLINES: CAG can examine Vizhinjam port agreement, govt to apprise HC                                              RMP protests in Delhi                                              SC stays action against ‘Oru Addar Love’ song                                              HC disqualifies Consumerfed MD                                              CPM men allegedly beat up Congress men for raising relief fund for Shuhaib’s family                                              Kamal Haasan visits residence of Abdul Kalam before launch of party                                              CBI arrests PNB GM in $1.8bn fraud case                                              Kejriwal confident of Haasan's party breaking AAP's record                                              India expresses dismay over emergency extension in Maldives                                              Investigate Obama administration over Russia meddling: Trump                                              Indian Peacekeepers provide veterinary support to farmers in South Sudan                                              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: Sensex takes first hit in five days as fatigue catches up  
       Sensex bounces 130 pts, banking shares jump
 
         Posted on :12:04:16 Oct 6, 2017
   
A A
       Last edited on:12:04:16 Oct 6, 2017
         Tags: Sensex, 130 pts, banking shares jump
 

Mumbai: The benchmark Sensex surged over 130 points in the opening session today, shaking off its earlier weakness, as oil and banking shares took spotlight.

The broader NSE Nifty regained the 9,900-mark.

Expectations built up that today's meeting of the GST Council may provide some relief to exporters and SMEs in terms of faster refunds and compliance.

The 30-share index rebounded by 130.10 points, or 0.41 per cent, to 31,722.13. The gauge had lost 79.68 points in the previous session after investors shaved off profit.

Reflecting the widespread recovery, all the sectoral indices led by consumer durables, metal and oil and gas were trading in the green, adding up to 1.01 per cent.

The NSE Nifty also moved up by 40.80 points, or 0.41 per cent, to quote at 9,929.50.

Traders said gains at most Asian markets tracking rallies on Wall Street following more buoyant US data and hopes of tax reforms bolstered trading sentiment here.

Big gainers in the Sensex kitty included ONGC, Tata Steel, Adani Ports, NTPC and SBI, rising up to 1.55 per cent.

Elsewhere in Asia, Hong Kong's Hang Seng rose 0.36 per cent and Japan's Nikkei was up 0.25 per cent in early deals.

Financial markets in China are closed for a week-long holiday.

US Dow Jones Industrial Average rose 0.50 per cent to close at another record high yesterday.

A A
       BUSINESS
Next Article: Sensex takes first hit in five days as fatigue catches up
 
 
BUSINESS HEADLINES
EPFO cuts interest rate to 8.55 pct for 2017-18  
Aviva India launches digital platform to nurture child's inherent talent  
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  
Sensex extends rally, rises 173 pts on positive macro data  
 
Do you think attempts are being to save the real accused in Shuhaib murder case?
Yes
 
No
 
Don't know
 
 
 
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