Tuesday, 16 January, 2018

Sensex, Nifty scale new peaks on sustained buying

People walk past the Bombay Stock Exchange building in Mumbai People walk past the Bombay Stock Exchange building in Mumbai
Russell Knight | 12 January, 2018, 22:33

The broader NSE index was up 0.27 percent at 10,679.55 as of 0630 GMT, after rising as much as 0.37 percent to a record 10,690.25.

What pushed the markets further were global cues as all three major United States indices finished solidly higher at records on Thursday.

The Nifty50 edged higher by 19 points or 0.18 percent to close at 10,651.20 points, while the Sensex at 34,503.49 points - up 70.42 points or 0.20 percent.

Stock markets saw a fresh surge on Friday morning as Sensex jumped a further 100 points, hitting a fresh all-time high of 34,638.42.

Notable losers were TCS 1.27 per cent, Bharti Airtel 0.82 per cent and Wipro 0.45 per cent. During the week, the Sensex gained 438.54 points, or 1.28%, while the Nifty rose 122.40 points, or 1.15%.

'Insider' Attack Wounds US Soldier in E. Afghanistan
The episode unfolded in the Achin district of Nangarhar province, the stronghold of the Islamic State's affiliate in Afghanistan. Achin is the same district where a USA soldier was killed and four others wounded during a New Year's Day combat operation.

NHL: Ryan Suter, Devan Dubnyk help Wild beat Blackhawks 2-1
Starter Corey Crawford is still on injured reserve with an upper-body injury that will keep him out indefinitely. And Ferland, who has been a pleasant surprise for the Flames, has a goal and an assist in four straight games.

Atletico Madrid and Valencia cruise into Copa del Rey quarterfinals
Yannick Carrasco and Kevin Gameiro also got on the scoresheet for Atletico, which was without most of its regular starters. Atletico Madrid enjoyed a comfortable 3-0 win over Lleida in the Copa del Rey on Tuesday.

At 3:30 pm: The Indian equity indices gained lost ground after falling following the Supreme Court judges press conference. This came even as TCS posted disappointing December quarter earnings.

As per provisional data, domestic institutional investors had bought shares worth Rs 770.02 crore, while FIIs sold equities to the tune of Rs 623.63 crore yesterday.

The S&P BSE Mid-cap and small cap index was up by 1%. China's custom-cleared trade data showed brisk growth in exports and imports in 2017, underscoring a global economy that continues to hum along nicely.

Newsletter has been successfully subscribed.

Recommended

  • Mom kills family at Texas resort

    Mom kills family at Texas resort

    Officers forced their way into the room and found a 39-year-old man and a 10-year-old boy dead, police said. While the two adults seemed to be dead, the two young boys were pronounced as unresponsive but alive.
    Moyo abandoned his family at Mugabe's home: Charamba

    Moyo abandoned his family at Mugabe's home: Charamba

    Kasukuwere was the former local government minister and had held the position of political commissar in Zanu-PF. Moyo's comments were made during an interview on BBC's HardTalk with anchor Zeinab Badawi, on Thursday morning.

    Anadarko Petroleum Corporation (APC) to Release Earnings on Tuesday

    Gabelli Funds Lc stated it has 24,000 shares or 0.01% of all its holdings. 19,085 were accumulated by Kanawha Capital Mgmt Llc. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time.
  • Wanting a new start, May reshuffles Cabinet

    Wanting a new start, May reshuffles Cabinet

    It's a development that bodes ill for her ability to successfully navigate the next, even trickier stage of Brexit talks. Last year's flurry of high-profile resignations triggered repeated calls for a reshuffle, which until now went unheeded.

    Reigning shares of the market today: Universal Health Services, Inc. (NYSE: UHS)

    It increased, as 65 investors sold DISCA shares while 163 reduced holdings. 104 funds opened positions while 328 raised stakes. The gross margin parades a value of *tba with the company running a operating margin of 12.30% and a profit margin of 6.90%.
    U hoops' Lynch denies sex assault claims, will fight expulsion

    U hoops' Lynch denies sex assault claims, will fight expulsion

    Pacyga said one allegation was of forcible intercourse, and the other allegation was of "digital penetration". And when he asked her to hang out, she said, 'I wish it were that easy; I've got exams and things like that'.
  • Analyst Stock Ratings: Remark Holdings, Inc. (MARK), Agenus Inc. (AGEN)

    The healthcare product maker reported $0.65 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.65. After $0.66 actual EPS reported by Abbott Laboratories for the previous quarter, Wall Street now forecasts 10.61% EPS growth.

    $0.40 EPS Expected for Plains All American Pipeline, LP (PAA) This Quarter

    The stock of Plains All American Pipeline, L.P. (NYSE: PAA ) earned "Hold" rating by Wunderlich on Monday, December 14. The firm owned 15,327,423 shares of the company's stock after buying an additional 2,024,145 shares during the period.

    Train Babcock Advisors LLC Reduces Stake in FedEx Co. (FDX)

    The shipping service provider reported $3.18 EPS for the quarter, topping the consensus estimate of $2.89 by $0.29. Finally, Loop Capital raised their price target on FedEx to $318.00 in a research report on Thursday, January 4th.
  • United Kingdom  in talks to join TPP to boost post-Brexit trade

    United Kingdom in talks to join TPP to boost post-Brexit trade

    The UK's current trade with members of TPP is significantly smaller than its trade with the EU. Tim Farron, the former Liberal Democrat leader, said: "This smacks of desperation".
    Rocket League Has Officially Crossed the 40 Million Player Count Mark

    Rocket League Has Officially Crossed the 40 Million Player Count Mark

    There are several different stadiums to play in, each with their own gorgeous aesthetic. For example, breaking nearly instantly, jumping and driving on vertical surfaces.

    Worth Watching Stock Constellation Brands Inc. (STZ)

    Brown Mgmt Lc has invested 0.02% in Ecolab Inc. 557,067 were reported by Invesco. 12,517 Constellation Brands, Inc . (NYSE:STZ). Another trade for 44,255 shares valued at $8.50M was sold by Buerba Sebastian. 0 analysts gave its stock an Outperform rating.

Brokerages Set Spirit Realty Capital, Inc (SRC) Target Price at $13.63 Brokerages Set Spirit Realty Capital, Inc (SRC) Target Price at $13.63 Raymond James Financial Services Advisors Inc. boosted its stake in shares of Spirit Realty Capital by 2.3% in the second quarter. Finally, JPMorgan Chase & Co. began coverage on shares of Spirit Realty Capital in a research note on Friday, December 16th.

Stephen Colbert: Unstable Donald Trump Back With "Sh*t Hole" Countries Remark Stephen Colbert: Unstable Donald Trump Back With ET (delayed on the West Coast) from the Ed Sullivan Theater in NY following Trump's speech on January 30. CBS will air a live edition of The Late Show at 11:35 p.m.

Transocean Ltd. (NYSE:RIG) has analysts on the Bullish side this week According to the Analysts, the Low Estimate Earnings of the current Quarter is $-2.79 whereas, High Estimate is $-1.2. The North Dakota-based Invest Centers Of America Inc has invested 0.01% in Transocean Ltd . (NYSE: RIG ).

Hyperkin plans to revive the Game Boy before Nintendo has a chance Hyperkin plans to revive the Game Boy before Nintendo has a chance The new device is dubbed the "Ultra Game Boy ", is said to come with some significant improvements on the original. Not much has changed - in a good way - but I really liked the idea (and feel) of a metal Game Boy .

Deepika Padukone wants Ranveer Singh to stop doing this - Deets inside Deepika Padukone wants Ranveer Singh to stop doing this - Deets inside In a recent chat show, which is yet to be aired, Padmavat actress Deepika Padukone got candid about her wedding with host Neha Dhupia.

Morgan Stanley cuts exposure to U.S. equities in favor of Europe Morgan Stanley cuts exposure to U.S.  equities in favor of Europe Parkwood Llc who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $167.02B market cap company. About 64,197 shares traded or 107.52% up from the average. (NYSE:IIF) has risen 34.34% since January 9, 2017 and is uptrending.

USA envoy pitches for FTA with India USA  envoy pitches for FTA with India He stated that a number of United States companies have reported "increasing difficulties" in conducting business in China. Bilateral trade has increased from approximately $ 20 billion in 2001 to $ 115 billion in 2016.

EPS Forecast Revision Scan: Westlake Chemical Partners LP (WLKP) BidaskClub downgraded Westlake Chemical Partners from a sell rating to a strong sell rating in a report on Tuesday, November 7th. California Public Employees Retirement System raised its stake in Westlake Chemical Partners by 17.7% in the second quarter.

Canada Launches Trade Dispute Against US in WTO, Washington Strikes Back Canada Launches Trade Dispute Against US in WTO, Washington Strikes Back NAFTA has been heavily criticized by Trump, who called it the "worst deal in U.S. history" and warned that he might scrap it. Further to the WTO complaint, Lighthizer said, "Canada is acting against its own workers' and businesses' interests".

Why Investors willing to pay more for Activision Blizzard, Inc. (ATVI) Activision Blizzard, Inc. (ATVI ) exchanged hands at an unexpectedly low level of 4.12 million shares over the course of the day. According to their observations and findings, the stock could provide a high EPS of $1.05/share and a low EPS of $0.82/share.

Samsung brands second-gen HBM2 as 'Aquabolt' Samsung brands second-gen HBM2 as 'Aquabolt' A single 8 GB HBM2 package is made using eight vertically interconnected 8 Gb HBM2 dies. Samsung has started production of its second generation HBM2, dubbed Aquabolt .

$0.58 Earnings Per Share Expected for Devon Energy Corporation (DVN) This Quarter Bell State Bank & Trust decreased its stake in Boeing Co (BA) by 33.32% based on its latest 2017Q3 regulatory filing with the SEC. Numeric Ltd Llc holds 888,800 shares. 3G Capital Partners Ltd Partnership invested 1.36% in Devon Energy Corporation (NYSE:DVN).

Xerox in major deal talks with Fujifilm; XRX +3.8% Xerox in major deal talks with Fujifilm; XRX +3.8% The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $30.01B. TEUM has conspicuous measure of stock oscillations; average true range may be heating up this temperature with value of 0.40.

India Welcomes More Foreign Investment in Retail and Airlines India Welcomes More Foreign Investment in Retail and Airlines Until now, FDI of up to 49 per cent was permitted in both sectors, but beyond 49 per cent, government approval was required. Whereas foreign airlines allowed to invest up to 49% under approval route in Air India.

Ancient Butterflies Flourished During Triassic-Jurassic Mass Extinction, Didn't Need Flowers, Nectar Ancient Butterflies Flourished During Triassic-Jurassic Mass Extinction, Didn't Need Flowers, Nectar But the newly discovered moths emerged before flower producing plants - or angiosperms - suggesting another reason. These creatures have long tongues, known as a proboscis, that they use for sucking up nectar.