Mainpage
Economy

Nifty scales fresh peak of 10167.15, Sensex climbs 235 points

Nifty Surges To Record High, Extends Gains To 24% This Year: 10 Points
Nifty hits record high, Sensex surges too as global markets soar
Author

18 September, 2017

There are 1,189 advances, 342 declines and 438 unchanged stocks on NSE reflecting strong positive undertone floating in the market. The Nifty hit a record high of 10,160, surpassing its August high of 10,137, while the BSE Sensex rose almost 180 points.

Key Indian equity indices - the BSE Sensex and NSE Nifty50 - surged during the early-morning trade session on Monday on the back of positive Asian peers and healthy buying in automobile, capital goods and banking stocks.

The BSE Mid-cap Index is trading up 0.79 % at 16098, whereas BSE Small-cap Index is trading up 1.03% at 16859.

Major gainers in the 30-share index were Larsen & Toubro (2.37%), Bajaj Auto (2.25%), Tata Motors (2.07%), Hero Motocorp (1.25%), GAIL (India) (1.16%), and NTPC (1.11%).

The INDIA VIX is down 2.71% at 11.36. At 9.39 a.m, the Sensex was trading up 192.09 points or 0.60% at 32,464.70 with 24 components gaining.

Domestic institutional investors (DIIs) bought shares worth a net Rs 125.55 crore while foreign portfolio investors (FPIs) bought equities of Rs 418.86 crore on Friday, showed provisional data. Continued buying by DIIs and fresh fund inflows by foreign investors, which had been on selling spree, bolstered the trading sentiment, traders said. Japanese financial markets are closed for a public holiday. The US Dow Jones Industrial Average closed at new highs in Friday's trade.


More news


  • Singapore Grand Prix: Sebastian Vettel storms to stunning pole position

    Singapore Grand Prix: Sebastian Vettel storms to stunning pole position

    Usual free practice one and three coverage airs live exclusively on the NBC Sports App, which streams all sessions. Niki Lauda has named Ferrari as the favourites to win this weekend's Singapore Grand Prix .
    Is Tax Reform Possible, President Trump?

    Is Tax Reform Possible, President Trump?

    That's because corporations exploit loopholes, deductions, and tax credits, resulting in a tax rate that is much lower than 38.9%. He said lowering taxes also could cause confidence in the population and spur the economy in a term he called, "dynamic growth".

    Portola Pharmaceuticals to Present at the 2017 Morgan Stanley Global Healthcare Conference

    Over the last five days, shares have managed 10.71% gains and now is up 63.3% since hitting its 200-day moving average of $45.66. Finally, William Blair reissued an "outperform" rating on shares of Portola Pharmaceuticals in a report on Monday, June 26th.
  • WVU football gets the job done against Delaware State

    WVU football gets the job done against Delaware State

    But West Virginia had plenty of problems on both sides of the ball in its final tuneup before the start of Big 12 play. Delaware State would respond quickly with an 81-yard touchdown pass on a blown coverage by the West Virginia Defense.
    Korea Crisis: Donald Trump, Kim Jong-un 'Playing Game of Chicken'

    Korea Crisis: Donald Trump, Kim Jong-un 'Playing Game of Chicken'

    Trump, in a tweet, asserted that long lines for gas were forming in North Korea, and he said that was "too bad". Security Council condemned North Korea's "highly provocative" test of an intermediate-range missile.

    Njie scores twice as Marseille ends losing run

    Njie, who picked up an injury during the warm-up last weekend and could not play against Rennes , made a successful return. Clinton N'jie was the star of the show with his brace as Marseille cruised to a 2-0 win over Amiens on Sunday.

  • Analytical Guide for CONSOL Energy Inc. (CNX), Newell Brands Inc. (NWL) Stakeholders

    With 3.55 million avg volume, 5 days are for Newell Brands Incorporated (NYSE:NWL)'s short sellers to cover NWL's short positions. Want to see what other hedge funds are holding NWL? As per Monday, August 14, the company rating was maintained by Jefferies.
    Teenager arrested — London Metro bombing

    Teenager arrested — London Metro bombing

    ISIS have claimed responsibility for the attack, claiming a "squad" of jihadis was behind the attack created to "rock London". So far on Saturday, a house in Sunbury-On-Thames has been raided by what appears to be a bomb squad unit.

    Senate Intel Committee to Interview Trump Attorney Cohen

    But he said at the time that he would "gladly" comply with a subpoena compelling his testimony and that he had nothing to hide. Cohen said he had three conversations with Trump about the proposal and abandoned the idea after he lost confidence in it.
  • Tyson Fury says potential comeback is

    Tyson Fury says potential comeback is "on the right path"

    When pushed on the subject about a possible match up with Anthony Joshua , he took a swipe at the world champion and said: "It's an easy fight for me".
    Jay Cutler throws first TD as member of Dolphins

    Jay Cutler throws first TD as member of Dolphins

    They then turned it on and nearly completed a comeback, but their last-second field goal was blocked, handing them a loss. Maybe the Chargers will just grow on everyone in L.A. over time, because it doesn't seem to be happening immediately.

    Pattern Energy Group Inc. (PEGI) VP Christopher M. Shugart Sells 500 Shares

    ValuEngine raised shares of Pattern Energy Group from a sell rating to a hold rating in a research note on Tuesday, August 1st. The utilities provider posted $0.16 Earnings per share for the period, topping analysts' average forecasts of $0.13 by $0.03.