Home » Money

India's Sensex extends record gains; United Spirits surges 18%

28 October, 2017, 01:01 | Author: Paula Vaughn
  • Infosys banking and road sector stocks in focus today

A healthy inflow of foreign funds and a strengthening of the rupee's position against the United States dollar kept the market trajectory northwards throughout the session.

The 30-share BSE Sensex was down 47.50 points at 32995.00 and the 50-share NSE Nifty fell 16 points to 10,279.40.

The benchmark BSE Sensex ended 0.03 percent higher at 33,157.22, but still posted a record closing high.

Dhruv Desai, Director and Chief Operating Officer of Tradebulls, told IANS: "Almost all PSBs' stocks like those of SBI, BoB and PNB rose to touch their new 52-week highs during the intra-day trade".

"Nifty ended lower on Friday as selling pressure emerged in the afternoon session", said Deepak Jasani, Head - Retail Research, HDFC Securities.

Wozniacki reaches semis — WTA Finals
The night belonged to the two debutants in a see-saw battle of wills in the second match. A win would secure her place in the next round of play.

"However, optimism in pharma and FMCG stocks guarded the key support levels". For the week, the Sensex recorded handsome gains of 767.26 points or 2.37 per cent - its best weekly gain since January 27.

Sector-wise, the S&P BSE healthcare index surged by 223.88 points, followed by the automobile index higher by 214.01 points and the consumer durables index augmented by 50.79 points.

Foreign portfolio investors (FPIs) sold shares worth a net Rs 375.63 crore yesterday, as per provisional data released by the stock exchanges.

The gainers were Adani Ports by 4.55 pc to Rs 432.85, Tata Motors DVR by 2.65 pc to Rs 236.65, ONGC by 2.62 pc to Rs 181.95 and Kotak Bank by 2.35 pc to Rs 1042.70.



High school golfer wins tournament, denied trophy because she's a girl
A MA high school golfer, who won a tournament by four shots, won't go home with the first-place trophy - because she's a girl . Alas, that was a bit too much to ask at a recent MA golf tournament.

Twitter closes in on its first-ever profitable quarter
On a call with investors, CEO Jack Dorsey reiterated that Twitter is intently focused on improving safety for users. Despite this, Twitter still refuses to report concrete figures on how many people use its platform every day.

Maroon 5 announces Vivint Arena date
"The 2018 tour is here so get excited", Maroon 5 frontman Adam Levine said in a Twitter video announcement today . Marron 5 announced a 33-date North American tour on Thursday, and it includes a stop in New Orleans.

Bank of Canada holds rates steady, sees economy in 'sweet spot'
Housing and consumption are forecast to slow in light of policy changes affecting housing markets and higher interest rates. This is a little later than anticipated in July because of the recent strength in the Canadian dollar .

Sterling climbs as strong GDP data bolsters rate hike bets
The eurozone's growth rate also caught up with the United Kingdom in 2016, and has outpaced the United Kingdom so far this year. In particular, computer programming, motor traders and retailers were the businesses that showed the strongest performance.