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February 25, Sunday 2018 11:08 PM       

       HEADLINES: CM, Chennithala condole Srideviā€™s death                                              Ten new faces in CPM state panel, seven exempted                                              Royal family protests at Padmatheertham pond                                              Congress activists manhandle minister in Kannur                                              Kodiyeri to continue, Gopi Kottamurikkal reinstated                                              Veteran actress Sridevi passes away at 55                                              Bollywood mourns demise of actress Sridevi                                              Sridevi, the diva who lit up Indian cinema screen                                              Somalia twin blasts: Death toll rises to 45                                              Russia hacked Winter Olympics: US                                              North willing to hold talks with US: S Korea                                              It is hard to digest that Sridevi is no more, says Sachin                                              BCCI turns down ICC request for rescheduling IPL match                                              Santner, Taylor shine as Kiwis defeat England                                              Kohli, Dhoni rested for upcoming T20I tri-series                                              T20I rankings: Kohli sinks, Dhawan rises                                              Kaumudi Facebook
       BUSINESS Next Article: PM woos investors at Oman-India business meeting  
       Sensex extends rally, rises 173 pts on positive macro data
 
         Posted on :01:36:25 Feb 15, 2018
   
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       Last edited on:01:36:25 Feb 15, 2018
         Tags: Sensex extends rally, rises 173 pts on positi
 
Mumbai:The benchmark BSE Sensex gained 173 points to 34,473.43 in early trade on Wednesday, rising for the second straight session on back of positive macroeconomic data and sustained buying by domestic institutional investors (DIIs) amid appreciating rupee.
 
Besides, a mixed trend in other Asian markets following positive lead from Wall Street buoyed sentiment here.
 
The 30-share barometer rose 172.96 points, or 0.50 per cent, to 34,473.43 in opening session. All sectoral indices were trading in the green, with realty, metal, capital goods and oil & gas rising up to 1.65 per cent.
 
The NSE index Nifty climbed 41.50 points, or 0.39 per cent, to 10,581.25.
 
Brokers said buying picked up on positive economic data.
 
Industrial output grew by 7.1 per cent in December and retail inflation eased in January to 5.07 per cent.
 
DIIs bought shares worth Rs 1,342.70 crore on net basis, while foreign portfolio investors (FPIs) sold shares worth Rs 814.11 crore on net basis on Monday, provisional data showed.
 
Major gainers were Bharti Airtel, HDFC, Adani Ports, Wipro, RIL, Dr Reddy's, L&T, HDFC Bank, Infosys, Tata Steel, M&M, Yes Bank and Coal India, gaining up to 1.92 per cent.
 
Among other Asian markets, Hong Kong's Hang Seng was up 0.73 per cent and Singapore edged up 0.05 per cent, while Japan's Nikkei fell 0.64 per cent and China's Shanghai Composite index slipped 0.32 per cent.
 
The US Dow Jones Industrial Average, however, closed 0.16 per cent higher in Tuesday's trade.
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       BUSINESS
Next Article: PM woos investors at Oman-India business meeting
 
 
BUSINESS HEADLINES
Start-ups revamping healthcare sector in India  
RBI sets April 30 deadline for banks to link CBS with SWIFT  
E-Way bill for inter-state goods from Apr 1: Sushil Modi  
Unethical business practices a significant problem: Jaitley  
Easier to do business in India than China: Trump Jr.  
RBI introduces Ombudsman Scheme for NBFCs  
Nest to offer 30 pct discount to Airbnb 'Superhosts'  
Sensex surges 200 pts, Nifty above 10,400-level  
Centre to crackdown on erring auditors  
Revised India-Kenya Double Taxation Avoidance Agreement notified  
Sensex slips 144 points ahead of F&O expiry  
EPFO cuts interest rate to 8.55 pct for 2017-18  
Aviva India launches digital platform to nurture child's inherent talent  
Milkbasket to hire 2,000 employees  
AI launches non-stop New Delhi-Amritsar-Birmingham flight  
Lakme Fashion Week, WeWork kickstart fashion Incubation program  
Finway Capital empowers borrowers with easy access to funds  
Rajesh Kakkar is offshore director of ONGC  
Glitches in GSTN remain cause of concern  
Post bank scams, Sensex tanks 462.10pts  
'Maharashtra has great business potential'  
Sensex drops 195 pts, Nifty below 10,400  
Reliance to invest 60,000 cr in Maharashtra  
Retailers accused of levying GST over MRP  
Citizens urge reduction of GST on sanitary napkins  
 
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