Saturday, 18 November, 2017

Sensex, Nifty50 snap 4-day record-breaking spree; Infosys, TCS fall

Sensex closes at record high crosses 32,000 Sensex breaches 32000 mark for first time
Ben Pena | 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.

Recommended

  • Luxury phone-maker Vertu collapses

    Luxury phone-maker Vertu collapses

    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.
    GLP sold to Chinese bidder for $16b

    GLP sold to Chinese bidder for $16b

    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.
    Bangalore based AI startup Halli Labs acquired by Google

    Bangalore based AI startup Halli Labs acquired by Google

    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.
  • Lea Michele Remembers Cory Monteith On 4-Year Anniversary Of His Death

    Lea Michele Remembers Cory Monteith On 4-Year Anniversary Of His Death

    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.
    Chinese Nobel laureate Liu Xiaobo dies

    Chinese Nobel laureate Liu Xiaobo dies

    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.
    Russian diplomat says activities of White Helmets increasingly questionable

    Russian diplomat says activities of White Helmets increasingly questionable

    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".
  • IEA raises forecast for global oil demand this year

    IEA raises forecast for global oil demand this year

    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.
    Latest whatsApp update will let you share you nearly  everything !!

    Latest whatsApp update will let you share you nearly everything !!

    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.
    Majority of Filipinos back martial law on Mindanao

    Majority of Filipinos back martial law on Mindanao

    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.
  • Microsoft installs Skype in the BMW fifth series

    Microsoft installs Skype in the BMW fifth series

    According to Microsoft Corporation (NASDAQ: MSFT ), its Office 365 service has more than 100 million commercial monthly active users.
    International Biotechnology Trust Plc (IBT) Announces GBX 11.50 Dividend

    International Biotechnology Trust Plc (IBT) Announces GBX 11.50 Dividend

    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.
    Intel Corp (NASDAQ:INTC) Institutional Investor Positioning

    Intel Corp (NASDAQ:INTC) Institutional Investor Positioning

    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 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 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 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.

Disney Reveals Star Wars Land Model at D23 Expo 2017! Disney Reveals Star Wars Land Model at D23 Expo 2017! Since acquiring the Star Wars brand back in 2012, Disney has teased fans about plans for an entire theme park dedicated to the saga.

Man Utd named third most valuable sports team 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 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.

Explosive found inside UP Assembly, CM Yogi Adityanath presses for NIA probe Explosive found inside UP Assembly, CM Yogi Adityanath presses for NIA probe It is a "dangerous tendency that the security of the assembly has been breached when the House is in session", he said. Personnel of the Provincial Armed Constabulary will be deployed for the security of the assembly and secretariat.

FIR against AIB for 'meme on PM Modi' 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.

EasyJet to start new airline to ensure European Union flights continue after Brexit EasyJet to start new airline to ensure European Union  flights continue after Brexit The carrier will be called easyJetEurope and the headquarters are set to be in Austrian capital Vienna, according to Sky News . Around 30% of easyJet passengers are flying on routes between and within the EU27, not touching the UK.

Area under heat advisory 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 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.

Police seize phone, memory card of Aju; Dileep taken to Thrissur Police seize phone, memory card of Aju; Dileep taken to Thrissur Apparently, the actress leaked Dileep's "affair" with current wife Kavya Madhavan to his then wife Manju Warrier back in 2013. In Thrissur, media persons asked Dileep if he suspects that he is being hounded by someone who is out to finish him.

Buhari calls, writes Akande over wife's death 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.

Tesla, Inc. (NASDAQ:TSLA) Sees Significantly Higher Trading Volume Tesla, Inc. (NASDAQ:TSLA) Sees Significantly Higher Trading Volume Floating stock is calculated by subtracting closely-held shares and restricted stock from a firm's total outstanding shares. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website .

Appears headed for AC Milan 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.