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       BUSINESS Next Article: RBI ups inflation projection to 4.2-4.6% during second half  
       Sensex starts on a positive note, domestic buying builds
 
         Posted on :11:46:53 Oct 5, 2017
   
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       Last edited on:11:46:53 Oct 5, 2017
         Tags: Sensex starts on a positive note, domestic bu
 

MUMBAI: The flagship Sensex got off the ground with gains today amid continuous buying by domestic institutional investors.

Asian cues remained positive, backed by overnight advance on Wall Street.

The 30-share index was up 77.58 points, or 0.24 per cent, at 31,749.29. The drivers were realty, healthcare, auto, metal and capital goods indices.

The gauge, which rose 174 points yesterday after the Reserve Bank decided to hold rates in line with expectations, had gained 512 points in the previous four sessions.

The NSE Nifty today went up 10.20 points, or 0.10 per cent, to 9,925.10.

Major gainers were M&M, Dr Reddy's, NTPC and Sun Pharma, rising by up to 1.57 per cent.

Domestic institutional investors (DIIs) bought shares net Rs. 584.88 crore while foreign portfolio investors (FPIs) dumped equities of Rs. 632.14 crore yesterday, showed provisional data.

Japan's Nikkei rose 0.03 per cent while financial markets in Hong Kong, China and South Korea are closed today for a holiday.

US Dow Jones Industrial Average ended 0.09 per cent higher yesterday.

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       BUSINESS
Next Article: RBI ups inflation projection to 4.2-4.6% during second half
 
 
BUSINESS HEADLINES
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Infosys shares soar 6% after Q1 earnings  
Rupee slips 6 paise against US dollar  
Niti Aayog working on proposal to replace LPG subsidy with cooking subsidy: Kumar  
India to be $10 trillion economy by 2030: Garg  
No question of closure of DCI; 3 ports to pick up govt stake: Gadkari  
India to be $10 trillion economy by 2030: Garg  
Markets slip from record to end flat on profit-booking  
Markets slip from record to end flat on profit-booking  
No question of closure of DCI; 3 ports to pick up govt stake: Gadkari  
Retail inflation rises to 5 percent in June  
Retail inflation soars to 5% in June, IIP presides to 3.2% in May  
Indian Army signs MoU with SBI on salary package  
US dollar ends sharply lower against rupee  
Gold, silver recover on mild demand  
BSNL starts first internet telephony service in India  
Sensex nears all-time high; TCS shines on Q1 show  
Gold futures gain 0.06% on global cues  
Goyal asks Coal India to ensure supply for power sector  
Grex Alternative Investments Market looks to raise $100 mln  
Cong targets PM over fall in value of Rupee  
Set up central agency to evaluate big loan proposals: ICAI  
 
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