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December 13, Wednesday 2017 8:18 PM       

       HEADLINES: Car rams Metro Rail pillar, Three die                                              Pattoor land deal: Jacob Thomas will be summoned                                              Defence counsel wants Central Agency to probe Jisha murder case                                              School bus accident: Four teachers injured                                              SC rebukes UP govt over construction of shelter houses for homeless                                              PM Modi to commission naval submarine INS Kalvari tomorrow                                              Hope no Kejriwal will emerge from my movement again: Anna                                              Air Fire Rescue Task Force set up to ensure safety in Tokyo                                              India hosts 4th India-Australia-Japan trilateral meeting                                              US forces destroyed $80m of Taliban's drug money in Afghanistan                                              Williams drops big hint at Australia Open return                                              Kaumudi Facebook
       BUSINESS Next Article: Revival of gas power plants to boost consumption: Pradhan  
       Sensex starts off high, Nifty regains 10k mark
 
         Posted on :09:52:15 Oct 10, 2017
   
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       Last edited on:09:52:15 Oct 10, 2017
         Tags: Sensex, high, Nifty, 10k mark
 

MUMBAI: The market made a strong start today as the benchmark Sensex surged 111 points, mainly driven by domestic investors and aided by positive Asian shares.

Moreover, the broader NSE Nifty reclaimed the key 10,000 level. Extending its rally, the 30-share index advanced 110.72 points, or 0.34 per cent, to 31,957.61. Sectoral indices such as capital goods, metal, IT and healthcare moved in the positive zone, rising by up to 0.83 per cent. The gauge had gained 254.86 points in the previous two sessions.

The 50-share Nifty gained 30.55 points, or 0.30 per cent, at 10,019.30. Uninterrupted buying by domestic financial institutions and widening of exposure by retail investors ahead of second quarter earnings season amid a firming trend in the Asian region steered the show, according to traders. Stock of India's second-largest IT firm Infosys went up by 1.23 per cent to Rs 935 after the company said it has fixed November 1, 2017, as the record date for its up to Rs 13,000- crore share buyback programme. Other big movers include Lupin, Coal India, Cipla, M&M, Dr Reddy's, Sun Pharma and Reliance Industries, rising by up to 2.57 per cent.

Hong Kong's Hang Seng was up 0.04 per cent and Japan's Nikkei rose by 0.38 per cent in early deals. China's Shanghai Composite, however, dropped 0.15 per cent. US Dow Jones Industrial Average ended 0.06 per cent down yesterday.

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       BUSINESS
Next Article: Revival of gas power plants to boost consumption: Pradhan
 
 
BUSINESS HEADLINES
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Increase social security pension in budget: Experts to FM  
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Air India seeks Rs. 1,100 cr loan to modify planes for VVIPs  
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Govt hints at reviewing rates in top GST bracket  
Sensex soars 301 pts, reclaims 33,000-mark  
Sensex surges 246 pts, Nifty above 10,200  
'Korean companies keen on investing in Andhra Pradesh'  
Sensex rebounds 149 points in early trade  
RBI leaves key rate unchanged; retains growth forecast at 6.7%  
Food security, farmers' subsidy top priority in WTO meeting: Suresh Prabhu  
Top Indian startups on hiring spree: Report  
Bitcoin rally: RBI again warns users of risks  
Gadkari orders to release Rs 381 crore for Polavaram Hydro Project  
Sensex ends lower ahead of RBI policy call  
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Sensex breaks 4-day fall on value buying  
 
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