Sensex scales new high; signs off 2017 with 28% gains
31 December, 2017, 06:40 | Author: Luis Fowler
The Sensex rose 0.62 percent to end the year at 34,056.83, while the Nifty ended 0.5 percent higher at 10,530.70.
Power, IT, auto and infrastructure stocks witnessed robust buying, while the beginning of January 2018 series of futures and options also added to the momentum. This has been a remarkable year for Indian markets, " said Sameet Chavan of Angel Broking. Sensex rose by 7,430.37 points in 2017, which is 27.91 points.
IT index gained over 1% after remaining subdued for the last one month, with KPIT and Tata Elxsi gaining 4% and 3%, respectively, in the evening trade.
Back home, markets began the day on a flat note and traded in a narrow band for the first half of the trading session. "Expectation of a pick up in third quarter earnings and strengthening of rupee supported the sentiment", said Vinod Nair, Head of Research, Geojit Financial Services.
The broader NSE index was up 0.34 per cent at 10,513.50 as of 0737 GMT, while the benchmark BSE index was 0.44 per cent higher at 33,998.31. It surpassed its previous closing high of 34,010.61 reached December 26.
Nifty closed at 10,530.70 points, up 0.5%, while Sensex gained 0.62% to close at 34,056.83 points today.
Shares of Reliance Communications continued their rally for the fourth straight session Friday, ending 17 per cent higher after Mukesh Ambani stepped in to bail out the debt-ridden firm by acquiring spectrum, tower, optical fibre network and other assets.
Aarti Industries announced that they have signed a Rs10,000cr multi-year exclusive supply contract with a leading global chemical conglomerate. Hong Kong's Hang Seng rose 0.19 per cent while Shanghai Composite gained 0.33%.
Brent futures also rose, up 1.2% to $66.92/bbl after breaking through $67 earlier this week for the first time since May 2015. X China issued import quotas for 2018 that traders believe could result in record-high purchases, according a Reuters .
That produced backlash headlines like this one: It's not just you: Apple really is intentionally slowing down older iPhones . A report today from Reuters takes a look at Apple's broadening iPhone lineup and some of the benefits of its new strategy.
The winning numbers for Wednesday's Powerball for the grand prize of $337 million are 3, 9, 16, 56, 60 and the Powerball is 3. Tickets are $2, and sales time cut-offs vary by state but are usually one to two hours before the drawing.
Neither statement includes a explicit mention of LGBT people, who are considered to have face the brunt of the disease. Mr Maldonado said the members, many of whom were Obama-era appointees, were given no reason for their dismissal.
That's when she allegedly poured red wine on his paintings and ripped them off the wall, then threw his sculptures on the ground. He made headlines the same year for parking a tank outside of his home , causing a brief fight with his homeowner's association.
His daughter became an activist after his death, even appearing in a campaign ad for then-presidential candidate Bernie Sanders. Garner's condition was announced from her Twitter account. "I'm speaking out, me being his daughter", she said in the ad.
Police have not provided much information on what happened to Smith's relatives, but believe the killings were targeted. Symes said her sister was a sweet, good-natured woman who loved to cook for family gatherings.
The LA Times while quoting the Long Beach police said that they responded to the location amid reporters of a shooter at large. Police are now investigating a shooting at a business in Bixby Knolls that left multiple people injured.
The patrol's Critical Highway Accident Response Team or CHART for short is also responding to investigate what happened. An ABC11 crew at the scene said there were "possible injuries" in a head-on crash between two passenger vehicles.
What does the lesbian couple have to say about the latest decision? It does not matter how you were born or who you love. Their kids, too, have been impacted by the negative publicity. "We've tried to protect them as much as possible".
As for her relationship with Justin Bieber , it seems that her family issues do not have anything to do with their reconciliation. Despite Selena going through rough patch within her family, Justin wants to remain a source of support for the songstress.
The current maximum amount the Switch game cards can now hold is 32GB, less than the 50GB Blu-ray discs used in other consoles. The standard Nintendo Switch comes with 32GB of internal storage space - before a microSD card slot is added on.
Dangerously cold wind chills
Frostbite can occur quickly and even hypothermia or death if precautions are not taken, the weather service said. Decreasing cloud cover, becoming partly cloudy will allow for additional cooling, with lows 5 to 15 below zero.
Wade Davis Agrees To Terms With Rockies
Davis didn't earn quite as much on the open market as closers like Aroldis Chapman and Kenley Jansen did previous year . Holland made $15 million this year , but he did not exercise the $15 million player option after the 2017 season.
Gunmen kill nine in church near Cairo
The ISIL Takfiri group's affiliate in Egypt has killed dozens of Christians in church bombings and shootings over the past year. A bomb explodes in a Coptic Christian church in Alexandria as worshippers depart a midnight mass, killing more than 20 people.
LG&E, KU to aid in Puerto Rico power restoration
Now, more than three months after Hurricane Maria , about half of the island's 3.3 million people are still without power. The crew was sent to Virginia Tuesday, where they'll be loaded onto a barge and transported to the US territory.
NO TOKE! More pregnant California moms smoking pot
Use among women between the ages of 18 and 25 almost doubled during that time, from 9.8 percent in 2009 to 19 percent in 2016. Researchers observed a sample of pregnant women in California and saw a 3-percent increase in use form 2009 through 2016.