Arab Today, arab today indian shares log 4week closing high
Last Updated : GMT 04:59:35
Arab Today, arab today
Arab Today, arab today

Indian shares log 4-week closing high

Arab Today, arab today

Arab Today, arab today Indian shares log 4-week closing high

Mumbai - Arabstoday

A benchmark index for Indian equities markets rose 202 points on Wednesday, rallying for the second consecutive day on positive cues from other Asian and European bourses.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 16,922.31 points, consolidated its gain in afternoon session and ended the day at 17,065, up 1.20 per cent or 202.19 points from the previous close at 16,862.81 points. At the National Stock Exchange, the 50-scrip S&P CNX Nifty closed 1.19 per cent or 60.35 points higher at 5,124.65 points. Buying activities were across the board, as broader markets as well as all sectoral indices at the BSE, except FMCG index, closed in the positive. The BSE midcap index closed 1.24 per cent higher at 6,473.52 points and the BSE small cap index ended 1.53 per cent up at 7,307.02 points. There was strong buying support in realty, auto and banking stocks.Jaiprakash Associates surged almost 8 per cent on speculation that the company was in talks with South America firms Cemex and Votorantim Group for minority stake sale. The scrip closed 7.70 per cent higher at Rs.71.35. HDFC Bank, up 3.42 per cent at Rs.487.95. Coal India, up 3.38 per cent at Rs.391.25. Tata Power, up 3.38 per cent at Rs.1,038.70. NTPC, up 2.95 per cent at Rs.167.40 and Hindalco Inds, up 2.87 per cent at Rs.159.65 were among the major gainers of the day. Only six of the 30 Sensex scrips closed in the red. ITC, 0.99 per cent down at Rs.200.20. Mahindra & Mahindra, down 0.99 per cent at Rs.786.55” Infosys, down 0.53 per cent at Rs.2,291.20 and Bajaj Auto, down 0.20 per cent at Rs.1,640 were major losers. Lenders State Bank of India, HDFC Bank and ICICI Bank gained between 0.91 and 3.3 per cent on the day on growing expectations that the central bank may hold rates at its Sept.16 policy review. “We are following the European market and high beta-stocks that were badly beaten down are now seeing buying,” said Vikas Khemani, president at Edelweiss Capital. Better-than-expected data on the US services sector and Australian growth as well as speculation that Washington may unveil a $300 billion package to create new jobs also helped improve the global market sentiment. Realty shares gained with top realtors DLF closing up 2.64 per cent and second-largest Unitech gaining 7.36 per cent on bargain hunting. Power utilities also rose on value buying. The sectoral index rose more than 2 per cent. Top utility NTPC, private utility Tata Power and Adani Power all closed around 3.5 per cent higher.Foreign funds have bought shares worth $450 million this month until on Tuesday  after selling about $2 billion in August. From / Gulf Today

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indian shares log 4week closing high Arab Today, arab today indian shares log 4week closing high

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indian shares log 4week closing high Arab Today, arab today indian shares log 4week closing high

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday