Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
June 20, Wednesday 2018 1:12 PM       

       HEADLINES: Hartal in Idukki on June 25                                              Landslides: Compensation to be given in installments                                              J-K govt collapses after BJP pulls out of alliance with PDP                                              India and France to build strong development partnership: Swaraj                                              Merkel gets ultimatum from hardline ally over migrants                                              Merkel, Macron search for reforms to halt EU 'disintegration'                                              Federer to lock horns with Bedene in Halle opener                                              Yo-Yo effect: BCCI for fitness tests before selection                                              Tick, Tock: Time running out for Messi to deliver                                              Kaumudi Facebook
       BUSINESS Next Article: OLX witnesses three-fold revenue growth from pre-owned cars  
       Sensex spurts 318 pts on value-buying
 
         Posted on :16:39:24 Mar 8, 2018
   
A A
       Last edited on:16:39:24 Mar 8, 2018
         Tags: Sensex, 318 points up, value-buying
 

MUMBAI: Reversing a six-session slide, benchmark Sensex zoomed 318 points to end at 33,351 Thursday as participants accumulated recently beaten down stocks amid positive global cues.

Markets benefited from value buying in beaten-down stocks and a firm trend in overseas bourses, boosted by easing fears of a global trade war as the White House signalled it would water down plans for contentious metal tariffs, brokers said.

Stocks of state-run lenders staged a rebound in late afternoon trade on short-covering, they added.

The 30-share Sensex stayed in the positive zone throughout the session on unabated buying by domestic institutional as well as retail investors and hit a high of 33,439.97. It finally settled at 33,351.57, showing a robust gain of 318.48 points, or 0.96 per cent.

This is its biggest single-day gain since February 23, when it had jumped 322.65 points.

The index had lost 1,412.66 points in the previous six sessions on negative domestic as well as global cues.

The broader NSE Nifty reclaimed the key 10,200-mark and touched a high of 10,270.35, before finally settling at 10,242.65, showing a sizeable gain of 88.45 points, or 0.87 per cent. Intra-day, it hit a low of 10,146.40.

Meanwhile, domestic institutional investors (DIIs) had net bought shares worth Rs. 409.34 crore, while foreign portfolio investors (FPIs) sold shares worth Rs. 719.78 crore yesterday, as per provisional data.

A A
       BUSINESS
Next Article: OLX witnesses three-fold revenue growth from pre-owned cars
 
 
BUSINESS HEADLINES
Pradeep Parameswaran appointed Uber President- India, South Asia  
Google announces training programme for journalists  
Sensex tanks 261 pts as US-China trade spat escalates  
US dollar ends higher against rupee  
WhatsApp Payments to be rolled out soon: here is how it's different from competition  
Ayushman Bharat: Only half the states ready to launch scheme on August 15; UP Bihar & West Bengal not prepared yet  
Audi boss arrested over diesel scandal  
India, US officials to meet soon to discuss concerns of both sides: Prabhu  
Rupee dives to 3-week low at 68.01 on macro-liquidity shocks  
Gold rises on mild demand, silver surges for 8th session  
AFT directs govt to remove anomaly in HRA  
Grand Finale of Smart India Hackathon from June 18-22  
GST refund drive extended till June 16  
Ind-Swift Laboratories raises Rs 424.5 crore via NCDs  
RBI needs more powers to oversee PSB: Guv to panel  
RBI Guv appears before Par panel; assures steps to strengthen banking system  
India decision to increase tariff on apples to hit US growers, say Congressmen  
Snapdeal launches special store for Father's Day Gifting  
RBI releases June '18 issue of monthly bulletin  
'Trying to complete bullet train project by 2022'  
Moily honoured with 'special award' by Chennai-based NGO  
Assocham for implementation of guidelines on direct selling by states  
SBI expects Rs 30,000cr recovery from resolution under IBC  
Google will not develop AI for use in weapons: Pichai  
Economic growth may cross 8% in next 2 yrs: Prabhu  
 
Do you think electric bus will be a success in Kerala?
Yes
 
No
 
No opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy