Sensex flat with positive bias; Nifty trades at 10248
Sensex flat with positive bias; Nifty trades at 10248
Key Indian equity indices open in green
10 March, 2018, 15:01
Among sectoral indices, the Nifty PSU Bank index was trading lower led by a fall in the shares of Allahabad Bank, Canara Bank and Oriental Bank of Commerce.
According to D.K. Aggarwal, Chairman and Managing Director of SMC Investments and Advisors, domestic market closed the week in red tracking weak global cues. Market participants are cautiously awaiting CPI and IIP data. Gold prices slipped on a firmer dollar while crude oil futures rose in Asian trade.
On the currency front, the Indian rupee weakened by two paise to close at 65.17 against the U.S. dollar from its previous close at 65.15.
"Markets ended marginally lower on Friday after a positive morning session".
Desai pointed out that the country's IT sector has emerged as an outperforming sector in the recent correction witnessed in the markets.
The Sensex started the week down at 34,034.28 and hovered between 34,060.13 and 32,991.14, it closed the week at 33,307.14, showing a slide of 739.80 or 2.17 per cent.
"Inflation is expected to come down to 4.74 per cent in February which will ease bond yields in the near term", said Vinod Nair, Head of Research, Geojit Financial Services. Axis Bank declined 2.85 per cent, Bank of Baroda 2.12 per cent, ICICI Bank 1.43 per cent, Yes Bank 1.41 per cent, SBI 1.40 per cent and PNB 1.24 per cent.
Figures from the National Securities Depository (NSDL) revealed that foreign portfolio investors invested in equities worth Rs 1,384.36 crore, or $212.98 million, during March 5-9.
Major Sensex gainers on Friday were: HDFC, up 1.17 per cent at Rs 1,818.45; Tata Consultancy Services, up 1.10 per cent at Rs 3,034.50; Infosys, up 0.58 per cent at Rs 1,163.40; Hindustan Unilever, up 0.56 per cent at Rs 1,300.60; and Larsen and Toubro, up 0.54 per cent at Rs 1,290.15.
Other laggards included Adani Ports, Sun Pharma, Tata Motors, NTPC, Maruti Suzuki, Dr Reddy's, Coal India, ONGC, Power Grid and Hero MotoCorp, falling up to 2.21 per cent.
Jaylen Barford paced Arkansas with 27 points, while Daniel Gafford chipped in a double-double with 16 points and 12 rebounds. Arkansas led by as many as 15 points, but poor shot selection, turnovers, and other mistakes allowed SC back in the game.
For the most contested House primary races, Tuesday's contests provided no resolution, only a narrowing of the field. The same works in the other direction: A Republican wave would probably overwhelm the new pro-Democratic map.
While promoting The Royals , Elizabeth couldn't help gushing over Hugh, whom she has been very close to for years. He's even a godfather to her teen son, 15-year-old actor Damian Hurley. "He's an enchanting dad".
China has stayed mum so far over the proposed tariffs, although it has threatened to cut USA agricultural imports if it is hit. Canada would be particularly hard hit as the largest foreign supplier to the USA of both metals.
Shares of Glencore ( LON GLEN ) traded up GBX 6.50 ($0.09) during midday trading on Thursday, reaching GBX 369.80 ($5.11). The Ontario - Canada-based Manufacturers Life Insurance Comm The has invested 0% in Immunomedics, Inc. (NASDAQ:IMMU).
Last time, when they came here, they defend really deep so let's see what happens now. "I think I responded quite well". "People look at football, they don't look at what is going on around the life", the centre-half said.
The deal is a $2.6 billion payout to Aruze USA, a subsidiary of Universal Entertainment, the Wall Street Journal reported. The company's stock had a trading volume of 9,410,000 shares, compared to its average volume of 5,780,000.
As a presidential candidate, Cruz was the first one in the race and kept up an exhausting campaign schedule for more than a year. Garcia, the Democratic Party leader, nodded to O'Rourke's willingness to crisscross the state to introduce himself to voters.
Amazon's Alexa letting Out Eerie Laugh
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Fury offered grand prize of Joshua
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Nwam LLC Reduces Position in Tesla Inc (TSLA)
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Netflix Working Exclusive Content Deal With Obamas
The Obamas, still fresh out of the White House after two presidential terms, are looking for ways to cement their global legacy . Eric Schultz , a senior advisor to the former president, issued a statement on the potentially forthcoming streaming specials.
Umtiti being tempted by Manchester United move
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Trump rolling out big trade tariffs, sparing Mexico, Canada
China is the world's largest producer of "met coal", but it consumes it all and buys more from overseas , including from the U.S. Canada is expressing cautious optimism after Trump announced the country is exempt from the new steel and aluminum tariffs.