Domingo, 20 Agosto, 2017

Sensex adds to gains, up 81 pts on overseas cues

See positive opening Maximus Securities Sensex adds to gains, up 81 pts on overseas cues
Malita Javier | 20 Junio, 2017, 10:54

The Sensex and Nifty continued their uptrend on positive global cues.

Opening strong, the BSE 30-share index hit a high of 31,362.15, before closing at a new record high of 31,311.57, up 255.17 points, or 0.82 per cent, breaking its previous record closing of 31,309.49 on June 5.

All sectoral indices saw buying interest, led by IT, technology, capital goods and auto stocks.

MMVAs 2017 Photos: Stars Shine Bright For iHeartRadio-Much Music Event
The iHeartRadio Much Music Video Awards is held annually in Toronto, Canada and streamed online for fans around the world. While hosting is new territory for Cara - who says she's nervous she'll flub a line - Jonas has plenty of experience.

Punjab National Bank was the top percentage loser on the Nifty PSU Bank index, declining as much as 2.5 percent.

Rising up by up to 1.45%, prominent gainers include Tata Motors, Infosys, PowerGrid, Tata Steel, Reliance Industries and ONGC.

Besides, the wider NSE Nifty banking index touched a fresh high of 23,806.65 points during intra-day trade as investors' sentiments were buoyed on reports that Prime Minister Narendra Modi will review the measures taken by the RBI to resolve the non-performing assets (NPA) issue of Indian state-run banks.

Insider Activity - Cogent Communications Holdings, (NASDAQ:CCOI)
Finally, Mn Services Vermogensbeheer B.V. boosted its stake in shares of L-3 Communications Holdings by 3.6% in the first quarter. The aerospace company reported $2.07 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.81 by $0.26.

The gauge had lost 99.51 points in the previous two sessions. Japan's Nikkei 225 has surged 225 points; Hong Kong's Hang Seng has shed 13 points, while China's Shanghai Composite has slipped 4 points.

Japan's Nikkei rose more than 1 percent to hit a near two-year high on Tuesday following a rebound in USA hi-tech shares as investors bet on solid growth in the economy and corporate profits globally, Reuters reported.

USA stocks rose overnight, with both the Dow and the S&P 500 ending at new records, as technology shares rebounded from a recent bout of sharp weakness to lead the market higher.

Australian tribunal clears bookmaker Tabcorp to buy lotto firm for $4.7 bln
But Tabcorp bypassed the ACCC by taking the proposed merger straight to the tribunal. Tabcorp immediately agreed to the condition.

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