Sensex moves up 110 points as January F&O series takes off
Dec 31, 2017, 00:37
At 12:27 IST, the barometer index, the S&P BSESensex, was down 11.82 points or 0.03% at 33,899.99.
Meanwhile, the government on Wednesday said it has chose to make additional borrowing of Rs 50,000 crore this fiscal through dated securities, a move that may put burden on the fiscal deficit target of 3.2% of gross domestic product (GDP).
But the finance ministry maintained that there will be no change in net borrowing as envisaged in the Budget for 201718, which soothed the frayed nerves a bit.
On the National Stock Exchange (NSE), the wider Nifty50 fell by 40.75 points or 0.39 per cent to close at 10,490.75 points. Intra-day, it shuttled between 10,534.55 and 10,460.45. After the review of the borrowing programme with the Reserve Bank of India (RBI), it was decided that the government will raise additional market borrowings of Rs 50,000 crore only in fiscal FY'18 through dated Government securities. Investors used every rally as an opportunity to sell.
Mumbai: Stocks were off to a positive start in the final trading session of 2017, with the benchmark Sensex gaining 110 points and the NSE Nifty crossing the 10,500-point mark on widespread gains led by banking, FMCG and capital goods shares.
Today is the last session of December expiry in the derivatives segment.
Domestic institutional investors (DIIs) sold equities worth a net Rs 206.68 crore while foreign portfolio investors (FPIs) bought shares worth a net Rs 172.32 crore yesterday, as per provisional data. All sectoral gauges led by metal and healthcare rose up to 1.07 per cent.
Major Sensex losers were: Bharti Airtel, down 1.62 per cent at Rs 534; ICICI Bank, down 1.53 per cent at Rs 312.65; Larsen and Toubro, down 0.87 per cent at Rs 1,258.60; State Bank of India, down 0.85 per cent at Rs 314.15; and Tata Consultancy Services, down 0.82 per cent at Rs 2,621.05.
Reliance Communications today added to its previous gains, soaring 7.72 per cent, as investor sentiment remained upbeat following the announcement of its debt resolution plan.
Metal stocks moved up, tracking a rally in copper prices, and pushed the BSE Metal index up by over 2 percent.
The BSE mid-cap and small-cap indices ended higher by 0.74%and 0.64%, respectively.
He made a deal with prosecutors and was imprisoned in late 1999, after pleading guilty to manslaughter and other crimes. Dalton Sr. and Jean Dalton were Dalton Jr.'s parents and Leonna was Dalton Jr.'s niece, according to Omaha police.
She is set to perform Sunday in New York City's Times Square a year after her problematic performance went viral. A rep for Dick Clark Productions denied any staffer would "intentionally compromise the success of any artist".
Mark Hamill took to social media this morning to share a touching tribute to his late Star Wars co-star Carrie Fisher. This design is a must-have for any " Star Wars " fan, offering up another hyper-realistic figure to your collection.
Weather is when you wake up in the morning and it's two degrees Fahrenheit out and you really don't want to get out of bed. This, of course, to say nothing of the fact that global warming impacts the climate , not the weather .
Their bodies were discovered by the manager of the property after concern about the family had been raised by neighbours. Troy police say the deaths are being treated as suspicious. "I don't have the word".
They then headed straight to a private villa in Cabo that includes 360-degree views of the ocean and an infinity pool. At the time, sources said police performed a welfare check on Mandy after being contacted by a family member.
The match was immediately stopped and a stretcher was brought out; however, she did manage to walk out with some assistance. According to PWInsider .com, Paige had her back to Banks and it appeared she didn't realize the kick was coming.
We are able to do the work we love only because of your faith and support - and we will never forget that or take it for granted. It was discovered devices with their original batteries were much slower than ones that had their cells swapped out for new ones.
Prepare pipes -- inside and out -- to weather the cold
Meanwhile, there have been four reports of underground frozen pipes, which the City says is normal for a Winnipeg winter. Any residents with questions regarding frozen pipes can call the Binghamton Public Works Dispatch at 607-772-7020.