Sensex ends at record high of 32575; auto stocks vroom
01 August, 2017, 22:50 | Author: Paula Vaughn
The 30-share Sensex settled at the new high of 32,514.94, up 205.06 points, or 0.63 per cent.
The gains come a day before the Reserve Bank of India (RBI) is widely expected to cut interest rates by 25 basis points.
Indian shares may open higher on Tuesday after Tech Mahindra and InterGlobe Aviation posted strong quarterly earnings and property developer Sobha said it would consider a share buyback for an aggregate amount up to Rs. 62 crore.
The Nifty rallied 23.95 points or 0.23 per cent to a new record high of 10,101.05, knocking off its previous intra-day high of 10,085.90 it touched yesterday fuelled by strong corporate earnings and positive global developments. It ended the session 50 points lower at 3,672, with IDBI Bank (up 0.08 per cent) as the lone gainer.
The rupee firmed up by 14 paise to 64.05 against the U.S. dollar today as exporters and banks intensified selling of the American currency.
Asian shares closed higher.
Amit Shah, Smriti Irani to contest Rajya Sabha polls Rajput is also Shankersinh Vaghela's relative, the veteran Congress leader who took an exit from the Congress last week. Along with Amit Shah, current Rajya Sabha member Smriti Irani will also contest Rajya Sabha election from Gujarat.
The Nikkei India Manufacturing Purchasing Managers' Index (PMI) stood at 47.9 in July, down from 50.9 in June, its lowest mark since February 2009.
On the macro front, data released during market hours showed that India's manufacturing sector's output declined last month due to the launch of the Goods and Services Tax (GST) and weak demand.
"It is the policy week and all hopes are set for an interest-rate cut when the RBI's monetary policy committee meets on August 2", Desai said.
Sector-wise, the S&P BSE automobile index surged by 384.56 points, the metal index by 126.84 points, and the oil and gas index by 51.54 points.
On Monday, the benchmark indices closed in the green on the back of broadly positive global cues and intense buying activities in banking, consumer durables and capital goods stocks.
Murray Snow ordered Arpaio's deputies to stop holding individuals exclusively on the belief they were in the country illegally. Trump, notwithstanding this latest "Arpaio legal outrage", one can see most clearly how bad the situation has become.
No one has claimed responsibility for the explosion yet, which comes a day after the Iraqi embassy in Kabul was targeted by ISIL. Shia Muslims have remained a constant target of militant attacks across various parts of the country over the past few months.
Thousands of people have died in the streets - shot by police, or killed under unknown circumstances, apparently by vigilantes. Pacleb said his men were able to confiscate various firearms and illegal drugs during the separate operations.
The Walker County Sheriff's Office released a post on Facebook with the mugshots and charges of each of the escapees. Later, it was discovered that the prison tailor, Joyce Mitchell, had smuggled tools to the men in hamburger meat.
Some Republican senators had been concerned that the House would simply pass McConnell's "skinny bill" and send it to Trump . To emphasize the point, he made a hand signal that read zero. "I regret that our efforts were not enough, this time".
The twins apparently don't sleep at the same time, so they decided that they needed "three per child, working eight-hour shifts". The ridiculous rumors regarding Beyonce's birth appeared way before the singer's due date and a lot of them are outrageous.
Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts. Added security measures were enacted in Sydney on Thursday when police obtained an indication of a potential threat.
The Legislature won't convene until Monday when Democratic Senate President John Cullerton says he'll send Republican Gov. Instead, the Democrat-controlled Legislature appears headed to another showdown with Republican Gov.
Irving , a four-time All-Star, has averaged 21.6 points, 3.4 rebounds and 5.6 assists per game for his career. The Heat, Knicks, Spurs and Timberwolves make up the list of Irving's preferred teams in a trade.
The Russian President declared his hopes that Russian-US relations would be fixed, and bilateral cooperation would be stepped up. If the bill obtains enough bipartisan support among lawmakers, however, Congress would be able to override a veto.
Ford to fix carbon monoxide issues in police SUVs
USA auto safety regulators are investigating fume complaints in more than a million Explorers manufactured from 2011 to 2017. Ford has responded to the numerous carbon-monoxide claims by promising to make repairs as it investigates the complaints.
Homeland security secretary replaces Priebus at White House
But it had been obvious for some time from news reports that Priebus seemed to be on thin ice in the Trump White House. James Mattis is Trump's defense secretary, and Trump's first choice for national security adviser was retired Army Lt.