Sensex, Nifty50 snap 4-day record-breaking spree; Infosys, TCS fall
Sensex, Nifty50 snap 4-day record-breaking spree; Infosys, TCS fall
Sensex breaches 32000 mark for first time
14 July, 2017, 15:47
Indian shares closed little changed on Friday after a record rally in the last few sessions, as gains in lenders were tempered by a decline in software exporters after Tata Consultancy Services' (TCS) profit miss. It surpassed its previous intra-day high of 9,897.25 touched yesterday.
Major Sensex gainers on Friday were: NTPC, up 2.02 per cent at Rs 167.05; Kotak Bank, up 1.61 per cent at Rs 977; State Bank of India, up 1.04 per cent at Rs 291.60; Cipla, up 0.96 per cent at Rs 547.35; and Reliance Industries, up 0.80 per cent at Rs 1,531.05. Nifty IT slipped as much as 1.05 per cent with shares of TCS (down 1.93 per cent) and Wipro (down 1.53 per cent) being the top losers.
The 30-scrip Sensitive Index (Sensex) of the BSE touched a record high of 32,109.75 points during intra-day trade.
"Participants are feeling bit relieved after the IT majors' result amid expectation of bad quarter, but it's just a beginning of earning season".
The TCS stock fell nearly 2 per cent on Friday on Q1 earnings which remained below street expectations. Bank Nifty turned positive after the release of data and ended 0.21 per cent higher at 23,937.70.
Lana Del Rey drops two new tracks In " Groupie Love ", however, Lana and A$AP Rocky perform lyrics about a girl and a celebrity having an affair. The unlikely duo seems to make incredible music together and these two new offerings are no exception.
The Sensex ended at 32,020.75 points - down 16.63 points or 16.63 per cent, from its previous close at 32,037.38 points.
The decline in profit comes when the Indian IT sector is battling protectionist regulations in most of the markets it outsources work to.
IT, healthcare, consumer durables, oil and gas stocks were among the big gainers.
Among specific stocks, shares of Biocon surged over 8 per cent after the US Food and Drug Administration approved Biocon and US drug maker Mylan's proposed biosimilar breast cancer drug Trastuzumab. The IT sub-index of NSE, Nifty IT fell 1.05 per cent.
Japan's Nikkei rose 0.22 per cent while Hong Kong's Hang Seng index was up 0.03 per cent. Shanghai Composite fell 0.22 per cent in early trade.
While 200 employees are being laid off due to this shutdown, Uzan has been said to be planning to make comeback later this year. In the smartphone industry, the name Vertu has become synonymous with luxury, extravagance, and a blatant disregard for value.
E-commerce companies such as Alibaba Group Holding Ltd. and JD.com Inc. are driving a boom in demand for warehouse space in Asia. The offer price represents an 81% premium over 12-month VWAP and exceeds the highest ever closing price since listing.
He worked in Stayzilla as Chief Product Officer and Chief Technology Officer, and also with Twitter for almost five years. The start-up which is just four months old focuses mostly on AI and machine learning.
Cory Monteith's co-star and close friend, Dianna Agron, also shared a sentimental message with her followers on the anniversary. At the time, the actress confessed that dealing with his death was not an easy task and that she continued to struggle.
These demands could get the Guangzhou resident in trouble but she said it was a way to honour Mr Liu's memory. Berlin had urged Beijing in recent days to let Liu leave China for treatment overseas , possibly in Germany.
Echoing comments from Trump himself, Gorka contended that moving on would strengthen United States security. Gorka asked. "In who's interest is that?" "But the fact is there are some issues of common concern".
And Barclays is also gloomy - their analysts say forget oil prices moving back above $US50 a barrel this northern summer. OPEC decided late previous year to reduce its output by 1.2 million barrels a day to 32.5 million starting January 1.
As a part of this latest update, now if users send more than five pics at once, then WhatsApp will now save it in the gallery. So, while typing text in a chat, one can tap and hold to select the text to easily bold, strikethrough , or italicise it.
This is what President Duterte seeks to prevent and avoid and the very reason for his declaration of martial law in Mindanao. Twenty-three percent agreed, while 13 percent were undecided about the matter.
The stock was purchased at an average cost of GBX 111 ($1.44) per share, with a total value of £11,100 ($14,378.24). BRF S.A.is a multinational Brazilian firm that owns a diverse portfolio of products and is a producer of foods.
Susquehanna Bancshares Inc reissued a "positive" rating on shares of Intel in a research report on Tuesday, March 28th. A number of analysts offered their Estimated Earnings analysis for Intel Corporation (INTC ) for the current quarter.
Real Madrid confirms Ceballos signing
Ceballos, 23, made his Betis debut in 2014 and two years ago signed a new contract util 2020. And Ceballos is the latest join, following Theo Hernandez.
Oh no! Mac and cheese may contain harmful chemicals
Sheela Sathyanarayana, associate professor of pediatrics at the University of Washington in Seattle, who studies phthalates. As per a report in the New York Times , the researchers tested 30 cheese products, and found phthalates in 29 of them.
Woman destroys RM857,900 of art in selfie mishap
CCTV images show the woman bumping into some of the displays as she poses for her own photograph on her camera. Taking selfies is an art, but as it turns out, sometimes it can, let's say, cause a lot of damage.
Man Utd named third most valuable sports team
Alongside Adidas , the club are sponsored by other big companies such as Chevrolet and 20th Century Fox . United have moved up two places on the list after being named the fifth most valuable team past year .
Hazardous weather outlook issued for thunderstorms
Highs on Friday will be around 71 with a chance of showers, with thunderstorms possible after 3 p.m., NWS says. A chance of showers and thunderstorms will linger overnight, along with mostly cloudy skies.
FIR against AIB for 'meme on PM Modi'
Supporters of PM Modi had reported the matter to Mumbai Police , which had assured the complainant of action by its cyber wing. On Friday, the posts were referred to the cyber crimes cell after which an FIR was registered against Tanmay Bhat.
Area under heat advisory
More comfortable weather arrives on Friday night as a cold front moves through the area and delivers cooler temperatures. Drink plenty of fluids, stay in an air-conditioned room, stay out of the sun and check up on relatives and neighbors.
Xiaomi Redmi 5 with Snapdragon 630 and 4GB RAM leaked
Expandable storage is available on the Redmi Note 4 via a hybrid dual-SIM card configuration, supporting microSD cards (up 128GB). Featuring a polycarbonate body, the Redmi 4A bears a hybrid dual-SIM card slot, and runs MIUI 8 based on Android 6.0 Marshmallow.
Buhari calls, writes Akande over wife's death
Habib Aruna, described late Omowunmi as an epitome of humility, uprightness and one who was a pillar of support for her husband. Omisore, who was the former deputy to Akande said the death of the ex-first lady of Osun State came to him as a rude shock.
Appears headed for AC Milan
Highly-rated Italian defender and Juventus first-team star Leonardo Bonucci looks set to complete a shock move to AC Milan . Personal terms have already been agreed between the player and Milan with Bonucci ready to sign a €6million-a-year deal.