Markets make new records amid expectation of rate cut by RBI
Aug 01, 2017, 22:48
The Sensex and Nifty closed at their highest ever level for a second session in a row as automakers such as Eicher Motors Ltd advanced on upbeat monthly sales a day ahead of a key central bank policy meeting.
Besides, positive global cues, along with hopes of a rate cut in the upcoming monetary policy review of the Reserve Bank of India (RBI), kept investors' sentiments buoyed.
Market breadth was in the favour of gainers, with about 2 stocks advancing to every 1 stock that declined.
Major Sensex gainers on Tuesday were: Hero MotoCorp, up 2.05 per cent at Rs 3,729.10; Maruti Suzuki, up 1.96 per cent at Rs 7,859.10; Wipro, up 1.82 per cent at Rs 294.25; Mahindra and Mahindra, up 1.77 per cent at Rs 1,426.85; and Dr. Reddy's Lab, up 1.73 per cent at Rs 2,426.75.
The rally mirrored strength in most Asian indices.
Shares of Tech Mahindra rose as much as 7.3 per cent before settling 4.12 per cent higher, a day after the company reported a better-than-expected rise in quarterly profit, helped by new clients for its digital services business.
Weather Authority Forecast for Sunday Evening, July 30th
This slow warm up will continue throughout the middle of the week, but high will only reach into mid-80s at the warmest point. Overall, mostly dry weather is in the forecast until a midweek storm system tries to change that.
Rose Talks Deal with Cavs, Will Meet with Lakers
However, there is apparently one former MVP that could do just that, and - the Cavs hope - salvage their offseason. That report , which came from USA Today's Sam Amick , indicates that the Bulls have spoken to Rose's agent B.J.
Similaly, the 30-scrip Sensitive Index (Sensex) of the BSE closed at a fresh high of 32,575.17 points - up 60.23 points, or 0.19 per cent, from its previous close of 32,514.94 points. It settled up 62.60 points, or 0.63 per cent, at a fresh life high of 10,077.10, breaking its previous record of 10,020.65 recorded on July 26. This has breached the previous closing record of 32,383.30 hit on July 27.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 percent, led by gains in financials and energy shares.
In US, the Dow Jones Industrial Average finished at an all-time high yesterday, but the broader market's gains were capped by losses in the technology sector.
The S&P 500 information technology dipped 0.53 per cent, with Facebook falling 1.86 per cent and Alphabet, Google's parent company, down 1.34 per cent.
Proving the rumors true, it does come with a dual rear camera set up with two 12 MP sensors coupled with f/2.0 aperture. While the phone offered an impressive 3500mAh battery last year, this year it has been brought down to just 2750mAh.
Shares of United States Steel Corp closed up 4.8 percent, while AK Steel rose 3.6 percent and Nucor rose 2.2 percent. And Trump has criticized China for not doing enough to pressure North Korea to reign in its nuclear weapons program.
McCormick plans to fund the deal with a combination of equity and debt, and said it has obtained committed bridge financing. Morgan Stanley acted as lead financial adviser to Reckitt and the company also received advice from Robey Warshaw.
The current EPS for the company has been recorded at $1.92 and the beta value recorded by the company stands at 1.32 points. In June, GE announced that Immelt would step down as CEO on August 1, to be replaced by longtime executive John Flannery .
Cazes, who allegedly went by the nicknames "Alpha02" and "Admin", reportedly committed suicide while still in custody in Thailand. Earlier this week, Cazes was found dead in his Thai police cell, with police saying he apparently hanged himself with a towel.
But if this is representative of how such export cuts will be calculated, then price hikes will depend on increased demand. Yesterday, they fell $1.53, or 3 percent, to settle at $50.31 a barrel on their last day as the front-month contract.
Detroit) area code on January 19, 2016. "I've got no idea, to be honest", Freeze told Yahoo Sports when asked about the call. That call - which lasted one minute - was placed from Freeze's school-issued cell phone to a number in the 313 (a.k.a.
The seasoned politician also commented that the state anthem also was under the same predicament without any official status. Whatever the legal position, however, a State flag would undermine the spirit of national unity and must be eschewed.
He was confirmed as Secretary of Homeland Security by the Senate by a vote of 88 to 11 on Trump's first day in office. After just six months in the job, White House chief of staff Reince Priebus has exited the building .
The Burundi teens, all of whom have one-year visas, were last seen Tuesday night after the competition concluded, police said. Police said the teens - four males and two females - from the small east African country were reported missing Wednesday.
Co-founder of Fusion GPS agrees to speak to Senate panel
But with this administration, it's hard to separate the people's/government's business from those of the Trump/Kushner family. Donald Trump Jr. accused of holding talks with Russian lawyer during his father's election campaign.
Tough Love For Lucky Whitehead
I don't think I got the support that I needed from the person I needed it from when this was going down". Whitehead's identify was falsely provided to police during the investigation".
Year Old Notorious Jewelry Thief Arrested Again
In an interview for a special called " The Life and Crimes of Doris Payne " she bragged about her skills as a jewel thief . In the documentary film, Payne bragged of stealing at least $2 million in jewelry, in the US, Paris, Monaco and Tokyo.
New £10 note design unveiled
Carney unveiled the new tender on July 18, 2017, a day that marks the 200th anniversary of the Pride & Prejudice author's death. The central bank has printed an initial run of a billion of the new notes, which are known in Britain as "tenners".
TMC MLA's vote for Kovind in Presidential Elections
The MPs who did not cast their vote were Trinamool Congress MP Tapas Pal, BJD's Rama Chandra Hansdah and Anbumani Ramadoss of PMK. Mamata Banerjee: "We voted for Meira Kumar to register our protest against "present atrocities" in the country".