Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
December 13, Wednesday 2017 4:43 PM       

       HEADLINES: Car rams Metro Rail pillar, Three die                                              Pattoor land deal: Jacob Thomas will be summoned                                              Defence counsel wants Central Agency to probe Jisha murder case                                              SC rebukes UP govt over construction of shelter houses for homeless                                              PM Modi to commission naval submarine INS Kalvari tomorrow                                              Hope no Kejriwal will emerge from my movement again: Anna                                              Rohingya return deal bad for refugees, says HRW                                              Indian girl drowns in Australia, family request PM to bring body back                                              Kim Jong-un can control weather: N Koreans                                              Quake hits Iran's southeastern province                                              BCCI appoints chief operating officer for NCA                                              Cricket fraternity pours in wishes on Yuvraj's 36th birthday                                              Maradona skips charity match, spends time with kids                                              Kaumudi Facebook
       BUSINESS Next Article: Zuckerberg apologises for Facebook's negative effects  
       Sensex pulls 332 pts higher ahead of RBI meet, on global cues
 
         Posted on :15:43:25 Oct 3, 2017
   
A A
       Last edited on:15:43:25 Oct 3, 2017
         Tags: Sensex pulls 332 pts higher ahead of RBI meet
 

MUMBAI: Stock markets after a long weekend started the day Tuesday with a bang as the Sensex surged 332 points and the Nifty was back on top of 9,800 on optimistic buying ahead of RBI policy review.

Looking good for the third day, the 30-share index advanced 331.56 points, or 1.05 per cent, to 31,615.28. Auto, metal, consumer durables and realty stocks hit a sweet spot.

The gauge had gained 123.91 points in the previous two sessions.

The NSE Nifty perked up 106.80 points, or 1.09 per cent, to 9,895.40.

The central bank's 2-day monetary policy review kicks off today and the decision is due tomorrow. This has led to unabated buying by domestic financial institutions, which added to the positive mood.

Rate-sensitive auto stocks made buyers sit up and take note amid encouraging September sales data.

Tata Motors was trading higher by 4.90 per cent at Rs. 420.90 and Bajaj Auto was up 1.89 per cent at Rs. 3,167 while M&M gained 1.38 per cent to Rs. 1,271.

Firm Asian cues reflecting a rally on Wall Street, where all three US indices hit new records following strong economic data, made investors here loosen their purse strings.

US manufacturing activity in September rose to its highest level in 13 years. The deadliest mass shooting in US history, however, brought in a sense of caution, traders said.

Other gainers that supported the key indices include Asian Paints, Tata Steel, Dr Reddy's, Reliance Industries, NTPC, ONGC and Infosys.

Among other Asian markets, Hong Kong's Hang Seng was up 1.62 per cent while Japan's Nikkei surged 0.77 per cent in early session today. Financial markets in China are closed today for a public holiday.

US Dow Jones Industrial Average ended 0.68 per cent higher yesterday.

A A
       BUSINESS
Next Article: Zuckerberg apologises for Facebook's negative effects
 
 
BUSINESS HEADLINES
Retail inflation in Nov sees uptick to 4.88%  
Vodafone, Aviva Life Insurance offer mobility plan 'RED Protect'  
Airtel launches 4G services in Ladakh region  
Increase social security pension in budget: Experts to FM  
Sensex zooms 195 pts on strong global cues  
Air India seeks Rs. 1,100 cr loan to modify planes for VVIPs  
More participation of private enterprises needed in Aerospace sector  
ASSOCHAM calls for greater attention to agri sector  
Consumers yet to see reduced MRP stickers post GST rate cut  
Top 5 Fintech companies to look out for in 2018  
Govt hints at reviewing rates in top GST bracket  
Sensex soars 301 pts, reclaims 33,000-mark  
Sensex surges 246 pts, Nifty above 10,200  
'Korean companies keen on investing in Andhra Pradesh'  
Sensex rebounds 149 points in early trade  
RBI leaves key rate unchanged; retains growth forecast at 6.7%  
Food security, farmers' subsidy top priority in WTO meeting: Suresh Prabhu  
Top Indian startups on hiring spree: Report  
Bitcoin rally: RBI again warns users of risks  
Gadkari orders to release Rs 381 crore for Polavaram Hydro Project  
Sensex ends lower ahead of RBI policy call  
Gold futures fall by Rs 198 on profit-booking, global cues  
Sensex breaks 4-day fall on value buying  
Patanjali to invest in Uttar Pradesh  
Nissan prods India for Rs. 4968 cr in redress over broken tax-break promise  
 
Does Jisha murder case convict Ameerul Islam deserve death sentence?
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