Sensex closes at 35324.77 after morning record high
Sensex closes at 35324.77 after morning record high
The Sensex recorded a significant rise of 919.19 points or 2.65% while the Nifty gained 213.45 points or 1.99% in the week
19 January, 2018, 00:26
"Markets are hitting newer highs by the week, so people latch on to that opportunity".
On Thursday, the stock markets got off to yet another flying start as surged nearly 400 points. too gained nearly a per cent as both the benchmark indices opened on all-time highs.
The 30-share Sensex jumped 310.77 points, or 0.89 percent, to end at a new peak of 35,081.82, breaking its previous record of 34,843.51 reached on January 15.
The BSE Small Cap Index fell by 2.04 per cent and mid-cap index by 1.69 per cent. "Investors who had accumulated small cap stocks unloaded them amid fears of a bubble". As the market soared to a fresh high of 10,803 on Wednesday, traders raised bets of the Nifty not easily falling below 10,800 by selling put options at that strike.
"We continue to hold a wait and watch outlook and believe the markets are overbought and in the expensive category at this juncture, we would not initiate fresh longs at this time", Nikhil Kamath, Co-Founder and Head of Trading, Zerodha said.
Asian stocks touched record highs as well, with a rally on Wall Street supporting bullish investor sentiment.
However, the BSE market breadth was bearish as 1,556 stocks declined as compared to 1,186 advances. Some reports had said that the Centre was considering a higher ceiling for foreign investment limits in private as well as public sector banks.
Major Index gainers were ITC, Indiabulls Housing Finance, HDFC Bank, UPL, HDFC, Kotak Bank, M&M, IndusIndBank and TCS.
Yes Bank wiped out all gains to close 0.35 percent lower after its Q3 earnings were announced. The 50-share Nifty closed at 10788.55, up 0.82 percent. from the previous close.
Nifty Metal was the biggest loser among sectoral indices, falling 3 percent; followed by Pharma (1.2 percent) and PSU Bank (1.6 percent) while FMCG gained 1 percent.
Past year they banned " Wonder Woman " actress Gal Gadot, who is from Israel and also served in the Israeli military. Most Arab movie-goers seem more eager to enjoy Spielberg's world-class films than enforce a nebulous boycott.
Tsa Palmer, founder and director of the sancturary said: "We're still investigating but there has been no breach of the fence". Thames Valley Police said the wolf, which was recaptured unharmed this afternoon, travelled around eight miles to Curridge.
Meanwhile, local weather expert Louth Weather says the wee county can expect to be battered by 55kph winds by Wednesday. There is a small chance that power cuts will occur and other services, such as mobile phone coverage, may be affected.
Actor-producer Twinkle Khanna has been invited to speak at the Oxford Union - one of the reputed debating societies in the world. But the film which is way behind its actual schedule will be clashing with Akshay Kumar starrer Padman at the Box Office.
Recent NFL drafts have indicated that teams usually scramble to pick quarterbacks early, and this year should be no different. It's a controversial prediction. "My evaluations on this quarterback class are really close ", Kiper wrote .
The snow will have died out by Thursday morning, but the county will remain on yellow alert as high winds blow across Yorkshire. Strong winds bring the potential for temporary blizzard conditions and drifting of lying snow, mainly over high ground.
Within this development project, the company hopes to have its first purpose-built autonomous vehicle in production by 2021. The Lincoln luxury brand, already highly reliant on models like the Navigator, will orient toward SUVs in the future.
No injuries were reported and Fournette was able to drive his auto home following the accident. "But at least nobody got hurt". Fournette has had a good attitude about the whole thing, it seems. 'They came to Jacksonville to drop the in-laws off'.
Loring Wolcott & Coolidge Fiduciary Advsr Limited Liability Partnership Ma holds 0.04% or 44,695 shares in its portfolio. The company was initiated on Tuesday, July 21 by KeyBanc Capital Markets. (NASDAQ:CME) rating on Monday, September 18.
Police have seized 745kg of Cocaine hidden in Pineapples!
The Spanish interior ministry said the investigation into the alleged criminal organisation has been ongoing since April 2017. Police seized 745kg of the drug hidden in the fruit along with €400 000 (£352,000) in cash, according to Reuters .
Senate reauthorizes FISA 702 surveillance program
Critics of the program argue that Americans could unintentionally be surveilled when the government engages in such activities. Wyden, who opposed the bill without amendments. "I do not believe it has been abused or will be abused", Warner said.
Bitcoin Plunges as Investors Grow Fearful of Regulation
In 2017, Bitcoin's value soared from $1200 to around $25,000 before dropping down to around $16,000 at the end of the year. The collective market capitalization of all cryptocurrencies has dropped by more than $200 billion since Tuesday .
Man charged with murdering two men from Toronto's gay village
The initial reports of both men's disappearances prompted a great deal of concern from residents of Church-Wellesley Village. Esen and Kinsman's bodies have not been found, but Idsinga said investigators have "a pretty good idea" of how they died.
Arsenal closing in on Malcom deal
He's really been putting in a shift, he looks energised, more enthusiasm than he did have and he looks the player that we all think he can be on a consistent basis.
Trump defends himself, denies making vulgar comments
The president sought to shift from the defensive by portraying Democrats as not truly interested in an immigration deal. Asked about Kelly, the South Carolina Republican said the chief of staff is "a fine man, but he's part of the staff".
Facebook adds livestream features to old videos
According to the company, the goal is to make watching videos a social experience rather than a passive one. While you view, comments roll in overlaid on mobile like with Live, or in the sidebar on desktop.
Bharti Airtel's consolidated net profit drops 39% in Q3
Bharti Infratel's consolidated net profit dropped by 6 per cent for the third quarter of 2017-18, the company said on Wednesday. The company's consolidated net debt rose to Rs 91,714 crore against Rs 91,480 crore in the previous quarter.