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March 22, Thursday 2018 3:38 PM       

       HEADLINES: Anju Bobby George, P T Usha, Malleswari told to resign as national observers                                              Syro-Malabar land case: Petition filed in Supreme Court                                              Vayalkili leader Suresh Keezhattur's house attacked                                              Varkala land deal: Let collector conduct hearing, says Land Revenue Commissioner                                              Food poisoning in Guruvayur College: Students gherao principal                                              TDP calls for statewide agitation                                              Teen sisters to take 'sanyas' at Ramdev's initiation fest                                              Kabul blast: Death toll rises to 29                                              China wants to loot our resources: Baloch activist                                              Trump to announce trade sanctions on China                                              Sri Lanka opposition submits no-confidence motion against PM                                              T20 Tri-Nation: Rajeshwari Gayakwad to replace injured Ekta Bisht                                              Now, cricket to promote road safety campaign                                              Rain helps Windies qualify for 2019 World Cup                                              Kaumudi Facebook
       BUSINESS Next Article: Revival of gas power plants to boost consumption: Pradhan  
       Sensex starts off high, Nifty regains 10k mark
         Posted on :09:52:15 Oct 10, 2017
       Last edited on:09:52:15 Oct 10, 2017
         Tags: Sensex, high, Nifty, 10k mark

MUMBAI: The market made a strong start today as the benchmark Sensex surged 111 points, mainly driven by domestic investors and aided by positive Asian shares.

Moreover, the broader NSE Nifty reclaimed the key 10,000 level. Extending its rally, the 30-share index advanced 110.72 points, or 0.34 per cent, to 31,957.61. Sectoral indices such as capital goods, metal, IT and healthcare moved in the positive zone, rising by up to 0.83 per cent. The gauge had gained 254.86 points in the previous two sessions.

The 50-share Nifty gained 30.55 points, or 0.30 per cent, at 10,019.30. Uninterrupted buying by domestic financial institutions and widening of exposure by retail investors ahead of second quarter earnings season amid a firming trend in the Asian region steered the show, according to traders. Stock of India's second-largest IT firm Infosys went up by 1.23 per cent to Rs 935 after the company said it has fixed November 1, 2017, as the record date for its up to Rs 13,000- crore share buyback programme. Other big movers include Lupin, Coal India, Cipla, M&M, Dr Reddy's, Sun Pharma and Reliance Industries, rising by up to 2.57 per cent.

Hong Kong's Hang Seng was up 0.04 per cent and Japan's Nikkei rose by 0.38 per cent in early deals. China's Shanghai Composite, however, dropped 0.15 per cent. US Dow Jones Industrial Average ended 0.06 per cent down yesterday.

Next Article: Revival of gas power plants to boost consumption: Pradhan
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No opinion
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