Sensex, Nifty extend gain for 3rd day; GMR Infra, Infosys jump
Aug 18, 2017, 00:25
The benchmark BSE Sensex surged over 300 points and the NSE Nifty reclaimed the 9,900- level in closing hour of trade Wednesday, enthused by higher capital inflows by domestic investors.
Mild bouts of buying was witnessed in FMCG, auto, realty, healthcare and consumer durable sectors.
Infosys' buyback decision has come in the back of massive investors' pressure who wanted the company to utilise its cash reserves of $6 billion either through share buyback or generous dividend.
Infosys drove gains in the Nifty IT index, which climbed as much as 1.4% in its biggest intraday percentage gain in almost a month.
Markets remained closed yesterday on account of Independence Day. It was followed by Jaiprakash Associates (1.48 million), Sintex Industries (1.07 million) and Spicejet (0.88 million). The company said it will consider the share buyback at a board meeting on August 19. 519 shares advanced against a decline of 252 shares, while 25 shares were unchanged displaying a healthy market breadth.
Overseas, most Asian markets were trading higher as geo-political tensions in the region continued to recede.
Trump aide sparks convention uproar
The argument erupted when Gordon, who was moderating the panel, repeatedly trashed President Trump and got snarky with Manigault. She claimed she was there to talk about her personal experience with violence, as some of her family members have been murdered.
Louis Cardinals vs. Kansas City Royals
Kansas City was leading 5-4 at the time and play was delayed for a couple minutes while the grounds crew collected the cat. A small kitten had a big impact on a Major League Baseball game after running onto the field on Wednesday night.
On similar lines, the NSE Nifty was up by 91.75 points, or 0.94 percent, at 9,885.90.
At 1 PM: Rising for the third consecutive session on Thursday, BSESensex was up by 90 points or 0.28% at 31,861.03 while the wider Nifty was up by 33 points 9,931.05. India VIX closed higher by 1.53% at 11.
Hong Kong's Hang Seng was up 0.45 per cent, while Japan's Nikkei gained 0.02 per cent in their early trade.
■ 9.40am: Coal India Ltd rose 2.4% to Rs242.65 after a huge block deal.
BSE Mid-cap index closed lower by 0.35% at 15,228.
Shares of GMR Infrastructure hogged limelight after the Supreme Court of India allowed Delhi International Airport (DIAL) to use airport land for commercial purposes.
Kinder Morgan Canada's stock price fell 3.6% in trading on Toronto stock market, closing the session at C$17.28. The Trans Mountain extension would connect Alberta to British Columbia and triple Kinder Morgan's capacity.
The number of women of this age and older who reported having jobs rose by 14,000 from June and by 66,000 from a year earlier. From May to July, the monthly job gains have averaged 195,000, considered as a healthy pace by many economists.
A Spanish guard can be seen breaking his lower leg while attempting to kick one of the charging migrants. However, Spain has become an increasingly attractive route for migrants and smugglers this year.
The Vector Control District plans to collect adult mosquitoes with traps in the area where the crow was discovered. To keep mosquitoes from entering a home, make sure window and door screens are in place and are in good condition.
This comes after Pyongyang's first successful tests of intercontinental ballistic missiles capable of reaching the US mainland. Moreover, it subjects nine North Korean individuals and four entities to asset freezes and travel bans.
The JD (U) on Friday suspended Ali Anwar Ansari, its deputy leader in the Rajya Sabha , for "anti-party activities". RCP Singh, a confidante of the chief minister, will replace Yadav as the party leader in Parliament's Upper House.
The two carmakers have also agreed to join forces to develop electric auto technology, and Toyota is to take a 5% stake in Mazda . The Mazda CX-3, CX-5 and CX-9 are already on sale in the USA , so this could be one of Mazda's upcoming coupe-SUV models.
Miami Dolphins quarterback Ryan Tannehill was injured Thursday morning during practice at the team's training camp . The Dolphins finished second in the AFC East previous year and made the playoffs for the first time since 2008.
In Consumer Reports' lab testing, the Surface series regularly earned high marks thanks to its performance and specifications. The problems experienced by users included issues at startup, freezing, and random shut downs, the release said .
Mueller was removed from the concert after security guards tracked him down, and Swift's team gave the photo to the station. This one is pretty straightforward, but the whole thing is expected be done in just over a week.
He also said that Venezuela's decisions affect Colombia and Colombians, and that democracy is now destroyed in that country. Smartmatic said the official turnout figure had been "tampered with" and exaggerated by at least one million voters.
Oil prices move lower on seasonal pressures
The weekly US crude inventory report from the industry group American Petroleum Institute (API) is due out later on Tuesday. Even so, Citigroup Inc.'s Ed Morse says shale will win over OPEC on oil, as US drillers can survive due to hedging.
Aguero on target as Man City down promoted Brighton
It was quite similar level to pre-season in terms of working without the ball, and we are going to improve", he added. Our fans really get behind us and they're going to step it up even more because they know we need them even more.
Perseid meteor shower in Egypt skies until Sunday
At Babcock State Park, naturalist Abby Rice will provide meteor-spotting guidance during a Perseid Party that starts at 8:30 p.m. The Perseids are caused by the Earth passing through a comet's debris field, according to the American Meteor Society .
DK Shivakumar says he knew raids were coming
Karnataka Chief Minister K Siddaramaiah on Wednesday had condemned the raids as politically motivated. In a bid to avoid horse-trading the Congress holed up the MLAs in the Bengaluru resort.