Home » Money

Sensex, Nifty open in red over mixed Asian cues

17 April, 2018, 14:09 | Author: Samuel Sharp
  • The BSE Senex had gained 1,173.88 points in the previous seven sessions

Moreover, India Meteorological Department's forecast that rainfall is likely to be normal during the June-to-September southwest monsoon season in the country also boosted sentiment.

The Nifty of National Stocks Exchange (NSE) too advanced by2.65 points to 10,531.00.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,944.73 points, traded at 34,147.31 points (12.58 p.m.) - down 45.34 points or 0.13 per cent from its previous session's close.

Housing Development Finance Corp Ltd and HDFC Bank Ltd were the top contributors to the indexes with gains of 1.6 percent and 0.9 percent respectively. M&M, NTPC, ICICI Bank and SBI were the other prominent gainers in the index.


Furthermore, Infosys ended with a loss of 3 percent after lowering EBIT margin guidance for FY19, reported Moneycontrol. It was down 1.5 per cent to be the top loser in the Nifty. Asian markets opened higher, tracking the overnight gains in the USA stocks.

Overnight, the Dow gained 0.87 percent and the S&P 500 rose 0.8 per cent on Monday, with the biggest boosts from technology and healthcare sectors as investors were optimistic about the earnings season and appeared less anxious about US-led missile attacks in Syria.

The wider Nifty50 closed higher by 41.50 points or 0.40 per cent to 10,458.65 points, while the Sensex closed at 34,192.65 points, up 91.52 points or 0.27 per cent.

Recommended:



Popular

Peeling Back the Earnings Layers For Apple Inc. (NasdaqGS:AAPL)
Columbia Asset Mgmt accumulated 92,420 shares or 4.49% of the stock. "Buy" rating has 22, "Sell" are 0, while 15 are "Hold". It fall, as 36 investors sold CPN shares while 78 reduced holdings. 28 funds opened positions while 55 raised stakes.

WPI inflation eases to 2.47% in March
The "market consensus" is for a 0.5 percent q/q rise in prices on Thursday - 0.1 percent lower than the central bank's forecast. Manufactured products inflation accelerated to 3.03%, while sugar prices fell 10.48% in the month.

Here's All the Free Stuff You Can Get on Tax Day 2018
And don't forget, you still have time to shred those documents free! The offer is available from Saturday through April 21. David Kaiser, Executive Vice President of Great American Cookies agrees that the day can be a bit taxing on everyone.

Cynthia Nixon Asks Her Supporters to Donate $4.20 After Promoting Marijuana Legalization
The issue is one of the biggest differences between herself and her Democratic opponent incumbent New York Governor Andrew Cuomo . Nixon told the Party on Saturday.

Barbara Bush in failing health: statement
Bush spent two days at Methodist Hospital earlier this month but decided not to return there when her health began to deteriorate. Abigail Adams was the wife of the second president, John Adams, and mother of the sixth president, John Quincy Adams.

Milos Forman Dies At 86: Celebrities, Fans React To 'Amadeus' Director's Death
The movie raked in 11 Oscar nominations and eight wins, including another Best Director award. The filmmaker also wrote a biography in 1994 with Jan Novak, titled Turnaround: A Memoir .

US strikes Syria following chemical weapons attack
He continued by saying that the United States and its allies have demonstrated a blatant disregard for global law. A total of 105 missiles from the USA , the United Kingdom and France struck around 4 a.m. local time in Damascus.

Pep Guardiola wary of Manchester City blowing Premier League title
They are able to win their games - all six. "I think they need to be helped, but if the guys chose to do that, it will happen". The former Barca boss harked back to Real Madrid in 2003/04 as a reminder that it ain't over till it's over.

Accuser Andrea Constand Takes The Stand During Bill Cosby Sexual Assault Retrial
Once he touched her thigh; another time , he tried to unzip her trousers when sat next to her on the couch in his living room. The defense has called the other accusers irrelevant, urging jurors to focus only on the charges that Cosby is facing.

On the border of the Gaza strip and Israel renewed clashes
They are determined to secure U.S. intervention against the Assad regime in Syria as part of a broader offensive against Iran. Hamas spokesperson Fawzi Barhoum said Friday's events showed that Israel's attempts to "change the reality" have failed.