Вторник, 12 Декабря, 2017

Sensex paints gloomy picture before RBI policy, falls 100 points

Sensex rallies 258 points, Nifty above 10100 in late morning Sensex paints gloomy picture before RBI policy, falls 100 points
Melody Ballard | 08 Декабря, 2017, 01:39

Sensex zoomed 88 points or 0.27% to 32,685.69 while the wider Nifty was up by over 26 Points or 0.26% to 10,070.10. Meanwhile, the Nifty was trading higher by 75.70 points or 0.75% at 10,119.80 with 45 components gaining.

"RBI's neutral stance despite firm inflation expectations, and recent falls rendering stocks attractive, whetted the appetite of buyers", said Anand James, chief market strategist, Geojit Financial Services. "The Nifty would need to cross the previous intermediate high of 10,410 to reverse the current downtrend", he added.

Domestic institutional investors bought shares worth Rs 995.11 crore, while foreign funds sold shares to the tune of Rs 1,217.92 crore on Wednesday, provisional exchange data showed.

Stocks of state-run oil marketing companies such as HPCL, BPCL and International Olympic Committee recorded gains of up to 1.83 per cent after global crude prices dropped by almost three per cent to trade below $63 a barrel.

Читайте также: Ireland to collect $15B in back taxes from Apple

In the broader markets, the S&P BSE mid-cap index closed higher by 1.38 per cent and the small-cap index by 1.29 per cent.

On Wednesday, the Sensex had slumped over 200 points after the RBI monetary policy committee made a decision to hold the policy repo rate and raised the inflation forecast for the rest of the current fiscal year to 4.3-4.7 per cent.

The rupee's weakness against the dollar too dampened the overall mood. Most capital goods shares rose. However, profit selling trimmed some gains off key indices in early afternoon trade.

Losers included Coal India, TCS, Wipro, Cipla, Sun Pharma, Dr Reddy's and IndusInd Bank. Among the Asian bourses, Hong Kong's Hang Seng was down 1.12 per cent while Japan's Nikkei shed 0.90 per cent.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог

Recommended

  • During Trump inaugural, Flynn greenlighted nuclear project with Russian Federation

    During Trump inaugural, Flynn greenlighted nuclear project with Russian Federation

    The letter tells Gowdy it is hard to discern what happened because he would not subpoena Flynn, the White House, or Copson. Elijah Cummings , outlined the whistleblower's allegations in a letter to House Oversight Committee Chair Rep.
    YouTube on Amazon devices feud escalates

    YouTube on Amazon devices feud escalates

    In a retaliatory move sure to upset viewers, Google is halting YouTube Streaming to Echo Show and Fire TV devices. In 2016, YouTube's viewership on TV screens grew 90% compared to 2015, according to the Google-owned company.
    Turtle Creek Mall host event for Autistic children

    Turtle Creek Mall host event for Autistic children

    Breanne Hartfield, a parent, says she found out about the event through Facebook and couldn't pass up the opportunity. Smiles could be seen across children's faces as they passed Santa's Wonderland in Grapevine Mills.
  • IPL: CSK, RR allowed to retain players

    IPL: CSK, RR allowed to retain players

    Dhoni has been associated with the CSK since the introduction of the team in 2018 and led them to two IPL titles in 2010 and 2011. A maximum of either three retentions or three RTM at the discretion of the franchises has been allowed.
    Shares in Poundland, Benson for Beds and Harveys owner crash

    Shares in Poundland, Benson for Beds and Harveys owner crash

    It is being reported Steinhoff did not tell investors about transactions amounting to almost $1 billion (R13,5-billion). Steinhoff bought the Willenhall-based chain of discount stores for £610 million previous year .
    Kim Kardashian reignites feud with Taylor Swift

    Kim Kardashian reignites feud with Taylor Swift

    While Kim and Kourtney with her friends vacationing at the beach, the paparazzi worked diligently - followed each of the sisters. It was West's lyrics about Swift claiming he "made that b*tch famous " that originally led to a feud with the singer.
  • Trump Jr. invents fake 'privilege' to justify stonewalling Congress

    Trump Jr. invents fake 'privilege' to justify stonewalling Congress

    The discussion between then-Republican candidate Trump and his son took place after the emails became public, Schiff said . It wasn't even his attorney, it was one of Trump's attorneys. "That's not the objective of attorney-client privilege".
    Long Tennessee coach search will end with Alabama DC Jeremy Pruitt

    Long Tennessee coach search will end with Alabama DC Jeremy Pruitt

    North Carolina State's Dave Doeren agreed to a contract with the Wolfpack on Thursday after speaking with Tennessee officials. Last year, Pruitt's defense led the nation in scoring defense, giving up just 13 points per game.
    Try, Try Again: Democrats to Bring Impeachment Articles Against Trump Wednesday

    Try, Try Again: Democrats to Bring Impeachment Articles Against Trump Wednesday

    Republicans are expected to offer a motion to table the resolution later Wednesday, effectively killing Green's resolution. Democratic leaders have urged Green to drop the idea, CNN said.
  • Gale Warning For Irish Coastal Waters Ahead Of Storm Caroline's Passage

    Gale Warning For Irish Coastal Waters Ahead Of Storm Caroline's Passage

    Britain faces a -16C shiver from Siberia - as a colder-than-normal December was predicted by the Met Office winter forecast. As the storm moved away from the United Kingdom and towards Scandinavia on Friday it would be followed by cold air.
    Airlines set for record profit in 2018, fare rise forecast (RY4B)

    Airlines set for record profit in 2018, fare rise forecast (RY4B)

    The demand for air cargo is at its strongest level in over a decade. "More routes are being opened". And the IATA said growth is expected to continue in 2018 by almost $1 billion to $16.4 billion.
    Notable Stock Analysts Ratings Regal Entertainment Group (RGC)

    Notable Stock Analysts Ratings Regal Entertainment Group (RGC)

    The difference between the expected and actual EPS was $0.02/share, which represents an Earnings surprise of 40%. This buyback authorization allows the company to purchase up to 2.2% of its stock through open market purchases.

Flu season severity uncertain Flu season severity uncertain This year's flu season may be rougher than usual, as early reports show the vaccine is only about 10 percent effective . The U.S. may also be in for a severe season, as the H3N2 strain has been a dominating presence in early reports.

Facebook announces new Messenger app for kids on IOS Facebook announces new Messenger app for kids on IOS And messages don't disappear and can't be hidden in case parents want to monitor them, Facebook says on its website. As with Instagram , Facebook or Snapchat, children can add filters or playful drawings to the photos they send.

Amazon offers prime membership service for free global shipping and video streaming Amazon offers prime membership service for free global shipping and video streaming Our attempts to order items from the Amazon US website itself didn't seem to include or display the benefits of our Amazon Prime Singapore membership.

Flynn told a business associate Russian sanctions would be 'ripped up' Flynn told a business associate Russian sanctions would be 'ripped up' The congressman said he had heard about the alleged Flynn texts from an unnamed confidential informant. Cummings told Gowdy in his letter that he found the witness "authentic, credible and reliable".

Padres among finalists for Shohei Ohtani Padres among finalists for Shohei Ohtani Ohtani is limited to a minor league contract because of restrictions imposed by the MLB collective bargaining agreement. According to Jim Bowden of Sirius XM, the Giants are meeting with Japanese star Shohei Ohtani in Los Angeles on Monday.

Starbucks Reserve Roastery opens in Shanghai Starbucks Reserve Roastery opens in Shanghai The location is actually only the second Starbucks Reserve Roastery in the world: the first opened three years ago in Seattle. The Roastery is a window into Starbucks' future as the coffee chain attempts to bolster its premium image .

Maharashtra Govt. declares holiday in schools, colleges due to Cyclone Ockhi Maharashtra Govt. declares holiday in schools, colleges due to Cyclone Ockhi Fishermen bring in their boats at the coast of Mumbai , near the Bandra-Worli Sea Link. It has been raining in Mumbai's Andheri since morning, reported ANI.

International Olympic Committee bans Russian Federation from Winter Olympics International Olympic Committee  bans Russian Federation  from Winter Olympics According to The New York Times , Russian officials had threatened a boycott if they were barred from the Olympics . Russian President Vladimir Putin has previously said it would be humiliating to compete without national symbols.

Netflix 'House of Cards' to resume without Kevin Spacey Netflix 'House of Cards' to resume without Kevin Spacey The fifth season of House of Cards also, luckily, ended by hinting that Claire might be taking charge of things instead of Frank. First elements of response, with the announcement of a Kevin Spacey totally absent from the season .

Mueller's Russian Federation probe has cost millions - DOJ Mueller's Russian Federation  probe has cost millions - DOJ In June, the German bank rejected a demand by Democrats to provide details of the President's finances, citing privacy laws. The report covers from May 17, the date of Mueller's appointment, through September 30, the end of the federal fiscal year.

Conyers resigns from Congress amid harassment allegations Conyers resigns from Congress amid harassment allegations Another woman has come forward claiming with sexual misconduct allegations against Rep. Conyers has repeatedly denied claims of sexual harrassment and misconduct by staffers.

Yemen ex-president killed as fighting shakes capital Yemen ex-president killed as fighting shakes capital Earlier on Monday, a Sanaa-based activist said that the Houthis had gained control of most of Sanaa from Saleh's forces. Saudi Arabia, accusing Iran of backing the rebels, intervened in Yemen on behalf of the government the following year.

Tyrod Taylor reportedly says he's OK after injury Tyrod Taylor reportedly says he's OK after injury Not exactly happy that Taylor got hurt, but thrilled that they could use this as an excuse to be done with the era of Tyrod. Get daily prep sports headlines from the Gwinnett Daily Post staff delivered to your email.

Chabahar port, made by India, inaugurated in Iran Chabahar port, made by India, inaugurated in Iran On Sunday, the first phase of the Chabahar port was officially inaugurated by Hassan Rouhani , the President of Iran . In fact, reaching out to Afghanistan is one of the prime strategic objectives of the Chabahar port project for India.

Amazon Marketplace Has Finally Launched In Australia Amazon Marketplace Has Finally Launched In Australia A Lenoxx 9-inch Twin Screen Portable DVD player, which retails for $149 on Kogan.com , is $172.38 plus $9.45 delivery on Amazon . Australian tech startup Koalasafe has been selling its product via the Amazon Marketplace since 2015 .