Sensex at 2-year high, Nifty hits new peak on Fed move
19 March, 2017, 00:22 | Author: Douglas Reid
The broader Nifty closed on Friday at an all-time high while the Sensex is only 350 points away from its historic high.
World stock indices surged to record highs on Thursday while the dollar hit a one-month low, building on moves that followed the US Federal Reserve's interest rate hike and signal there would be no pick-up in the pace of tightening. While Nifty gained 225.50 points, or 2.52 per cent to finish new closing peak at 9,160.05, it reached historic lifetime highs 9,218.40 intra-day trade on Friday.
The key indices traded with gains of around half a per cent each, well absorbing the 25 basis points (bps) rate hike by the US Federal Reserve on Wednesday for the second time in three months.
The gauge had shed 44.52 points in the previous session. It saw an intra-day movement of about 70.80 points. "This should also mean, save a negative surprise from monsoon forecast, Q4 numbers should prompt investors to be forward looking", said Anand James, chief market strategist, Geojit Financial Services.
On the global front, the greenback remained under enormous pressure and slipped to a five-week low spooked by fading expectations of a series rate increases by the US Federal Reserve despite fairly buoyant macro economic outlook.
Gotze out for the season Goetze was then sent for specilaist help and Borussia's CEO Hans-Joachim Watzke has said it would not be a " short-term issue ". It was announced last month that the Germany worldwide will be out for an unspecified period of time due to the disorder.
Buying activity was so strong that all sectoral indices, led by metal and infrastructure, ended in the green.
Hefty buying by foreign institutional investors, the main market mover, was seen across the board.
Meanwhile, foreign funds bought a massive net Rs 1,360.10 crore yesterday, showed provisional data.
It finally settled the week on a buoyant note at 65.46, revealing a solid gain of 114 paise, or 1.71 per cent - stretching the gains for the fourth-straight week. In Europe, major shares ran up in early session. Tata Steel surged 4.30 per cent amid reports that the company will finalise decision on United Kingdom business merger by May. The mid-cap index was up by 1.55 per cent, and the small-cap index rose by 1.07 per cent. Bharti Airtel was the top loser, ending down 0.72% at Rs 360.60.
The Cavs won a matchup of division leaders as James scored 17 of his 33 points in the fourth quarter of a 91-83 downing of Utah. More importantly, though, Love's return brings the Cavaliers as close to full strength as they've been in quite some time.
Build 15060 also addressed a problem in which Microsoft Edge would fail to launch for several minutes after Windows 10 crashed. Microsoft, for instance, is taking steps to be less intrusive with your privacy with the upcoming Creators Update.
MI led 41-40 through 20 minutes, getting 11 points from Muhammad-Ali Abdur-Rahkman and 10 from Wilson and eight from Zak Irvin . Tyler Sheehy was named the Big Ten Player of the Year and is one of the Top Ten finalists for the Hobey Baker Award.
The EMT that was struck was taken to Jacobi Hospital in critical condition, but she later died from her injuries. The DA's office said Gonzalez has a long history of misdemeanors in the Bronx, including two pending cases.
Only 14 bodies had arrived at the morgue so far, the Yemeni official said, adding that women were among the dead. A top official with the UN's migration agency said 42 bodies have been recovered from the attack.
After a three immediately out of the break gave ETSU its first - and only - lead of the game, Florida answered with an 11-2 run. The Xavier Musketeers are averaging 74.7 points on 45.5 percent shooting and allowing 71.2 points on 45.1 percent shooting.
The pack offers 25 minutes of free calling to other networks and then on they will be charged 25 paise per minute. On the other hand, rival Bharti Airtel providing 30GB free data for the postpaid users up to 31st March.
The Seattle Seahawks still control his rights, and if he elected to return, they'd have to either cut, trade, or keep him. Raiders radio announcer Greg Papa hinted at the team bringing in a retired running back on his show Thursday (March 16).
Sierra Leone is infamous for being one of seven African countries whose "blood" diamonds spurred a decade-long civil war. In 1972, the largest gemstone, dubbed "The Star of Sierra Leone " and weighing 969 carats was unearthed there.
The standout of the newest entries is easily a solo given to the Beast after Belle leaves him and he's left to accept his fate. I could have carried in a couple two-by-fours, I guess, but for the most part, I was in a T-shirt and jeans, which was great.
Trump's may not have been amused, some experts said the tweet could actually help boost McDonald's standing. Update: McDonald's corporate Twitter account just posted some clarification of what happened.
Beauty And The Beast May Get A Sequel
My only doubt was the fear of watching Hermione Granger explore yet another castle, but thankfully that's not the case at all . The movie also features Disney's first live-action interracial kiss.
Nice feeling to beat Rafael Nadal thrice
Mladenovic will play the victor of a later match between 12th-seeded Venus Williams and No. 14 Elena Vesnina. Kyrgios's 6-4, 7-6 (3) victory was a tour de force, brimming with power and precision.
Prosecutor removed from case for refusing to seek death penalty
Ayala had previously announced on Thursday morning that she would not be seeking the death penalty against Loyd or anyone else. "Earlier today, I called on State Attorney Ayala to immediately recuse herself from this case", Scott said in a statement .