Sensex Jumps 242 Points to 33191, Nifty at 10243

Sensex open in green up 190 points
Sensex ends lower ahead of RBI's monetary policy decision
Author

10 December, 2017

However, value-buying in several heavyweights towards the fag-end trimmed the losses, with the index finishing at 32,802.44, down 67.28 points or 0.20%.

Similarly, the broader NSE Nifty soared 122.60 points, or 1.22 per cent, to close at 10166.70 after hovering between 10061.90 and 10182.65.

The 30-share Sensex was trading 177.55 points, or 0.54 per cent, higher at 33,126.76. On a closing basis, the BSE Sensex surged 0.91 per cent to 33,250.30 points.The BSE market breadth was bullish - 1,584 advances and 1,116 declines. FPIs have been net sellers in six out of the last seven trading sessions, during which they have sold shares worth nearly Rs 5,400 crore.

"The buying momentum in Indian markets was given a boost by hopes that the ruling BJP would win the critical state elections in Gujarat, which would lay the groundwork for the general elections in 2019. Stability at a governance level is positive for market sentiment", said Karthikraj Lakshmanan, senior fund manager, equities, BNP Paribas MF.

Russian Federation accuses USA of provoking Kim Jong Un
Haley sternly warned North Korea's leadership saying it would be " utterly destroyed " if war were to break out. He said they are ready to 'sit down with the Americans at a negotiating table and solve everything peacefully'.

In US, 57pc of kids on track for obesity by 35
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'Lady Bird' Just Became Rotten Tomatoes's Most Popular Film of All Time
Just last night, Ronan received an award for Best Actress at the IFP Gotham Independent Film Awards for her role in Lady Bird . So what is Lady Bird? Originally released in just two cities , " Lady Bird " expanded to theaters nationwide November 24.

Foreign portfolio investors (FPIs) sold shares worth net Rs 1,075.62 crore on Thursday, while domestic institutional investors (DIIs) bought to the tune of Rs 926.68 crore.

ITC emerged as the leader of the Sensex pack on Friday, with a 3.44 percent rise, followed by Tata Motors at 2.21 percent.

Overseas, the Asian markets saw the shares of most of the companies decline, since investors across the globe have an eye on the final tax legislation in the U.S., where policy uncertainty kept sentiment in check. In contrast, Hero MotoCorp, SBI, Reliance Industries, TCS, Asian Paint and Dr. Reddy's succumbed to profit-booking. Shares of Jet Airways settled almost 5 per cent down on the bourses after the private carrier reported a weak September quarter earnings. The S&P BSE Small-Cap index gained 194.40 points or 1.08 percent to settle at 18,211.88.

Among the BSE sectoral indices, power fell 1.06%, followed by metal 0.85%, capital goods 0.62%, consumer durables 0.61%, infra 0.56%, auto 0.52% and IT 0.38%.


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