undergroundnewsroom.com
undergroundnewsroom.com May 27, 2018


Sensex, Nifty open lower on global cues

25 April 2018, 03:15 | Gordon Grant

The broader 50-shares NSE Nifty was up 23.90 points (0.22 percent) to 10608.60.

The markets had opened in the red in morning but recovered soon enough as the BSE index extended gains to nearly 250 points, hitting the day-high of 34,663.95.

Top five Sensex gainers were TCS, YES Bank, IndusInd Bank, M&M and Sun Pharma, while the major losers were ONGC, Hero MotoCorp, Coal India, Bajaj Auto and HDFC Bank.

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

Meanwhile, on a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 680.99 crore, while domestic institutional investors (DIIs) bought shares worth Rs 508.55 crore yesterday, provisional data showed.

BBNaija victor : Miracle's name did the magic, says Musician
It was an emotional moment for the last two housemates as Ebuka led them through the house for the last time. Jennifer Elochukwu said "I knew it was going to be Miracle ". " Thank you Big Brother Naima and my fans".

NBA Playoffs Betting Odds: Boston Celtics vs. Milwaukee Bucks Game 3 Recap
Al Horford's 16 points led a malnourished group, with players like Morris (seven points, 2-for-8) low on the efficiency scale. It turns out a shot blocking and three-point shooting clinic from Maker was just what the doctor ordered for the Bucks .

Mac Jones shines; Jalen Hurts struggles in A-Day game
Saban remained supportive of the two-year starter, whom he benched at halftime of January's national championship game. He rushed for a net of 33 yards and also threw an interception.

The rupee, meanwhile depreciated 21 paise to 66.59 against the U.S. dollar today at the interbank foreign exchange due to appreciation of the greenback amid rising USA bond yields and surge in global crude oil prices.

The Nikkei fell 0.2 per cent to 22,114.03 in midmorning trade. The Shanghai Composite index shed almost 0.4 percent to 3,117.97. The 30-share BSE index lost 115.37 points to close at 34,501.27.

Bharti Airtel was the top gainer on Sensex (3.37%) and Nifty (2.90%) after the telco beat analysts' expectations of a net loss and managed to clock Rs 73 crore in net profit for Q4.

However, heavy selling pressure in metals, IT and consumer durables stocks, along with outflow of foreign funds and higher crude oil prices, trimmed some gains of the benchmark indices, market observers said.

Anand James, Chief Market Strategist, Geojit Financial Services, said: "Earnings positivity and buoyancy in the Asian and European peers led the market further higher, despite negative closing in the United States towed by higher bond yields and fall in technology stocks".



Other News

Trending Now

Cong using impeachment as political tool: Jaitley on oppn mutiny against CJI
The MPs who signed the notice are from Congress, NCP, CPI (M), CPI, Samajwadi Party , Indian Union Muslim League (IUML) and NSP. A judge can be removed from office through a motion adopted by Parliament on grounds of "proven misbehaviour or incapacity".

PFA Player Of The Year Revealed
Nobody needs to tell me, ' Sterling told Sky Sports . "Everyone can see that we've improved a lot and have taken the next step".

Air India Dreamliner's window panel falls off mid-flight
Passengers on an Air India flight have been left shaken after an inside part of a window panel fell off due to violent turbulence. The engine cracked and a piece of shrapnel came through the aircraft window causing a loss of cabin pressure.

Patrick Vieira would welcome Arsenal job
Arsene Wenger jokes that the tributes to him after the decision to leave Arsenal feel like witnessing his own funeral. I'm really pleased with that. 'My head and my mind and my energy is on how to win the next game'.

Taylor Swift Man Breaks into Home ... Showers and Sleeps in Her Bed!
Swift has had multiple problems with stalkers and intruders at different homes she owns on both coasts over the years. A man has been arrested after allegedly breaking into Taylor Swift's home and sleeping in her bed.

Roma's Edin D┼żeko on Liverpool, Salah and City life
With eight goals in ten Champions League matches, he will be expected to score at least once over the course of the two legs. Klopp obviously realizes how strong City are and how likely they are to be dominant again next season.

BMW IX3 EV Concept Debuts At 2018 Beijing Motor Show
With the world premiere of the BMW Concept iX3 , the BMW Group is opening a new chapter in its electrification strategy. Using fast charging (think: 150 kilowatts, CCS standard) will deliver an 80 percent charge in 30 minutes.

Per Mertesacker: Arsene Wenger has 'power' to stay in management
The former Spurs striker is in no doubt that his old club would have thrived just as Arsenal did under the Frenchman. Gunners boss Arsene Wenger said after the 4-1 win that the injury "didn't look good".

Face me for 15 minutes in Parliament: Rahul dares Modi
The Congress leader said that the BJP-RSS combine is set to dismantle the social security available for SCs, STs and other weaker sections.

DOJ investigating AT&T and Verizon for collusion
The source said the Obama administration had investigated similar claims in 2016 but did not take any action. The Apple Watch 3, Google Pixel 2 smartphone and Microsoft Surface all have eSIM abilities, for example.