World Media

Sensex ends higher for 8th day, Nifty settles above 10500

Sensex ends higher for 8th day, Nifty settles above 10500

Meanwhile, India's wholesale inflation eased to an eight-month low of 2.47 percent in March on cheaper food articles, the commerce ministry report showed, helping investors shrug off Infosys's lackluster quarterly results and data showing widening trade deficit in March.

Wholesale inflation was 2.48 per cent in February and 5.11 per cent in March previous year.

The benchmark BSE Sensex fell almost 300 points as it went below 34000-mark in early trade amid weak Asian Cues after a US-led strike on Syrian targets fuelled fresh geopolitical concerns.

The broader NSE Nifty too struggled before ending well above the 10,500-mark.

The 30-share index was trading lower by 77.41 points, or 0.23 per cent, at 34,115.24 at 1200 hrs, led by selling on IT, energy, consumer durables, telecom, auto, banking, oil & gas counters.

Four elephants hit by goods train in Odisha, die in spot
The service was restored only after forest officials reached the spot and removed the carcasses with the help of JCB machines. As per official data, a total of 16 elephants died after being hit by trains in Odisha during the period from 2000 to 2013.

At 10am, Sensex was down 0.12% at 34,151.86 points, while the Nifty 50 edged down 0.14% to 10,466 points.

The BSE market breadth was, however, bearish with 1,430 declines and 1,232 advances. While the Sensex recovered about 406 points from its intra day lows and closed 112 points or 0.33% higher at 34,305 level, the Nifty rose 0.46% higher at 10,528 level.

Tata Motors (-4.6%), Infosys (-3.6%), Axis Bank (-1.5%), HPCL (-1.3%) and Titan (-1.2%) were the top losers on the NSE.

Among Nifty50 stocks, Cipla was the top gainer, up 5.30 per cent followed by Grasim, UPL, Hero MotoCorp and Indiabulls Housing Finance, which rise between 2-2.70 per cent.

The rupee fell 20 paise against the USA dollar in early trade on global trade war concerns, dip in March exports and a sharp drop in domestic equities.


  • Married woman gang-raped in Uttar Pradesh village

    Married woman gang-raped in Uttar Pradesh village

    The husband of a woman found dead in Worthing on Friday morning has paid tribute to her. The pair knew each other, but were not related and are yet to be formally identified.

    Brokerages Expect Kinder Morgan (KMI) Will Post Earnings of $0.21 Per Share

    Zacks' EPS calculations are an average based on a survey of research analysts that that provide coverage for Kinder Morgan. Johnson Investment Counsel Inc increased Sherwin Williams Company (SHW) stake by 2104.08% reported in 2017Q4 SEC filing.
    Authorities: Brawl at Sikh temple at IN  leaves 4

    Authorities: Brawl at Sikh temple at IN leaves 4

    Fillenwarth says four people suffered minor injuries and were taken to a hospital, where they will be questioned by police. Officers will also be interviewing those involved in the fight, including the four people who received minor injuries.
  • Macro@Moneycontrol | Wondering what the monsoon forecast hullabaloo is all about?

    Macro@Moneycontrol | Wondering what the monsoon forecast hullabaloo is all about?

    Forecast suggests maximum probability for normal rainfall and a low probability for deficient rainfall during the season. A normal monsoon will not only aid agriculture growth but could have a positive impact on the overall rural economy.
    Zlatan Ibrahimovic scores on first LA Galaxy start

    Zlatan Ibrahimovic scores on first LA Galaxy start

    The former Manchester United striker was named in the starting XI for the first time in Galaxy's MLS clash with Chicago Fire on Saturday.

    TD Securities Set "Purchase" Rating for Genworth MI Canada Inc

    The stock of Gilead Sciences, Inc. (NYSE:NLY) on Wednesday, August 12 to "Buy" rating. (NYSE:NLY) rating on Wednesday, August 2. United Kingdom-based Hsbc Public Limited Company has invested 0% in Genworth Financial, Inc. (NASDAQ:GILD) or 14,627 shares.
  • Kathua rape-murder: Never raised questions on JK polices probe, says Mir

    It will be the second visit of Mr Gandhi to his constituency after he took over as Congress president. Reportedly , several Congress leaders who have been deprived of ticket have contacted BJP.
    Did The Walking Dead Season 8 Finale Introduce a New Villain?

    Did The Walking Dead Season 8 Finale Introduce a New Villain?

    Negan planned for Rick and the group to go out scouting, so he set it up for some Saviors to be out where the map lead them. Rick sat at the tree, said "my mercy prevails over my wrath ", and broke down in tears, finally mourning his boy.
    Sony Xperia XZ2 Premium arrives with dual cameras and 4K HDR screen

    Sony Xperia XZ2 Premium arrives with dual cameras and 4K HDR screen

    The Xperia XZ2 Premium also shoots 4K videos with HDR and it can also record 960fps super slow-mo videos up to Full HD resolution. The company claims that the display on this smartphone is 11 percent larger and 30 percent brighter than its predecessor.
  • Armenia ruling coalition formally nominates ex-president Sargsyan's candidacy as next PM

    Armenia ruling coalition formally nominates ex-president Sargsyan's candidacy as next PM

    There were media reports that Tuesday's NA special session to elect the PM would not be convened in the parliament building. Young people in small groups have been blockading transport routes in the streets; garbage bins are used as barricades.
    March WPI inflation hits eight-month low to 2.47%

    March WPI inflation hits eight-month low to 2.47%

    However, the price of raw silk, mesta and hides, sunflower, soyabean, fodder, raw wool, coir fibre and raw rubber all moved up. On a year-on-year (YoY) basis, onion prices soared higher by 42.22 per cent whereas potato prices rose by 43.25 per cent.
    Houston Rockets Playoff Schedule

    Houston Rockets Playoff Schedule

    The Minnesota Timberwolves are averaging 109.5 points on 47.6 percent shooting and allowing 107.3 points on 47.5 percent shooting. MINNEAPOLIS, MN - Karl Anthony Towns with Timberwolves' President of Basketball Operations and Head Coach Flip Saunders in 2015.