Nifty up 41 points; ends below 10400

Nov 25, 2017, 02:13
Nifty up 41 points; ends below 10400

There was a lot of buzz all through Friday that global rating agency S&P will revise India's sovereign rating on Friday. Nifty also opened in the green and were gaining at 0.20 per cent in early trade.

Moves in Asian share markets were minor with Japanese markets closed for a holiday and the United States off for Thanksgiving.

The 50-share Nifty gained 30.70 points, or 0.29 per cent, at 10,379.45.

After trading steady through the day, frontline indices ended the week on a very positive note as the Nifty closed just short of 10,400-mark.

However, some gains were capped as investors booked profits in metals stocks and foreign investors pulled out money from stocks.

The benchmark 10-year bond fell, with yield rising as high as 7.04 percent.

At 0610 GMT, the S&P BSE Sensex rose 0.19 percent at 33,624 while the broader NSE Nifty edged up 0.22 percent to 10,365. On NSE, 1,034 shares advanced and 731 declined, while 65 remained unchanged. Relentless buying by domestic institutional investors (DIIs) came against the background of a moderate recovery in the rupee.

Major index gainers were Aurobindo Pharma, IndusInd Bank, Infosys, GAIL, Bharti InfraTel, Ultratech Cement and Powergrid.

Sector-wise, IT rose by 1.02 per cent, energy 0.83 per cent, media 0.26 per cent and pharma 0.16 per cent.

YOU MIGHT ALSO LIKE
  • PDP's Position on Atiku's departure from APC

    PDP's Position on Atiku's departure from APC

    But more importantly, the party we put in place has failed and continues to fail our people, especially our young people. Atiku on Friday morning announced his defection from the All Progressives Congress (APC).
    Apple iPhone SE 2 releasing in July, report claims

    Apple iPhone SE 2 releasing in July, report claims

    Currently, the iPhone SE sells in 16GB and 64GB capacities, so a jump to 32GB for the base model would be welcomed. The iPhone SE was launched with an intention of being a budget smartphone offering from Apple .
    Basel vs Manchester United

    Basel vs Manchester United

    In the final round on December 5, Basel plays at last-place Benfica, which has lost five straight, and Man United hosts CSKA. No Carrick, no Pogba, no Fellaini and every match was Herrera and Matic and the kid McTominay had his opportunities to play.
  • Suspended Brian Bowen won't play for Louisville, has option to transfer

    Suspended Brian Bowen won't play for Louisville, has option to transfer

    Louisville is taking another step to try and close out the basketball program's most recent scandal. Johnson was also not named in the investigation, but was initially put on leave October 6.
    Erratic Trading Showing Unusual Volume in Shares of Deere & Company (NYSE:DE)

    Erratic Trading Showing Unusual Volume in Shares of Deere & Company (NYSE:DE)

    Currently Deere & Company (NYSE:DE)'s shares owned by insiders are 0.10%, whereas shares owned by institutional owners are 80.10%. COPYRIGHT VIOLATION NOTICE: This report was first posted by Week Herald and is the property of of Week Herald.
    Roy Moore Accuser Describes How He 'Seduced' Her When She Was 14

    Roy Moore Accuser Describes How He 'Seduced' Her When She Was 14

    But I remember that and I didn't meet her there.it was, oh gosh, eight years later or something, I met her. He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear.
  • Three Coffees a Day Brings More Health than Harm, According to Study

    Three Coffees a Day Brings More Health than Harm, According to Study

    There was less evidence for the effects of drinking decaffeinated coffee but it had similar benefits for a number of outcomes. Increasing consumption to above three cups a day was not associated with harm, but the beneficial effect was less pronounced.
    Students May Have Worked Overtime Illegally To Assemble iPhone X

    Students May Have Worked Overtime Illegally To Assemble iPhone X

    Students are classed as interns, making their overtime hours illegal under Chinese law, the Financial Times said. Despite that framing, the Times report doesn't establish a clear or direct connection between these events.
    Sunny, chilly Thanksgiving ahead

    Sunny, chilly Thanksgiving ahead

    Another cold front will move across the region Saturday bringing a stray shower to the mountains along with breezy conditions. High temperatures in the Omaha area are expected to rise through Friday before dipping on the weekend .
  • Troopers To Be Out In Full Force This Holiday Weekend

    Troopers To Be Out In Full Force This Holiday Weekend

    Excessive speed, driving drunk or under the influence of drugs and not wearing seat belts pose a danger to your life. Angle said troopers will have zero tolerance towards those not wearing seat belts.
    Not again: Bill Clinton slapped with new sexual assault lawsuits

    Not again: Bill Clinton slapped with new sexual assault lawsuits

    These four women were hired at that investor's headquarters and designated to work directly with Clinton. They have been in touch with each other ever since.
    Tencent Passes Facebook in Market Valuation

    Tencent Passes Facebook in Market Valuation

    This came after the market value for the company reached a record $500 billion. Last week it said its profits had jumped almost 70 per cent.
popular