Sensex gains 147 points, Nifty reclaims 10600-mark

25 April, 2018, 15:15 | Author: Sheri Evans
  • Indian shares rise; TCS market cap crosses $100 bln

The BSE Sensex fell as much as 105.53 points, or 0.30 per cent, to 34,511.11 in the morning trade. Similarly, the NSE Nifty fell below the 10,600 mark, shedding 25.85 points, or 0.24 per cent, to 10,588.50.

The Nifty50 closed higher by 20.65 points or 0.20 per cent at 10,584.70 points, while the Sensex closed at 34,450.77 points - up 35.19 points or 0.10 per cent.

In the Sensex gainers' list, RIL was followed by Yes Bank (3.31 per cent), M&M (1.94 per cent) and Adani Ports (1.74 per cent). Bharti Airtel rose almost 3 per cent while Reliance Industries gained almost 1 per cent.

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The BSE IT index rose after rupee fell to a 14-month low of 66.825 against the dollar on bouts of month-end dollar demand from importers amid crude price volatility and rising USA bond yields.

IndusInd Bank and Mahindra & Mahindra were the top gainers, while HDFC Bank, Hero MotoCorp, Indiabulls Housing, and Hindalco were the top losers.

The market breadth was narrow as 1391 shares advanced against a decline of 1290 shares, while 165 shares were unchanged.

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He said that with the impeachment motion, the Congress has tried to malign the image of judiciary. The parties had briefed the media after handing over the notice to the Upper House chairman.

Brokers said sentiment turned weak on sustained capital outflows by foreign funds amid a weak trend in other Asian markets following overnight weakness at Wall Street after the 10-year treasury yield briefly touched the 3 per cent level for the first time in four years.

However, gains were capped by a fall in metal stocks that slipped after a fall in Aluminium prices on the London Metal Exchange (LME).

Likewise, the yellow metal for delivery in June contracts was trading lower by Rs 69, or 0.22 percent, to Rs 31,363 per ten grams in 223 lots.

Modi will give new slogan 'Beti Bachao from BJP men': Rahul Gandhi
Rahul has attacked the Modi-led government and also said that there is a big threat to the Constitution of India. The people of the BJP and RSS will not be able to touch the Constitution, we will not let it happen.

Meanwhile, on a net basis, domestic institutional investors (DIIs) bought shares worth a net Rs 387.26 crore, while foreign portfolio investors (FPIs) sold shares worth a net Rs 259.08 crore yesterday, per provisional data showed.

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