Electronics

Sensex, Nifty scale new peaks, end at lifetime highs on sustained buying

Sensex, Nifty scale new peaks, end at lifetime highs on sustained buying

The 30-share BSE index Sensex jumped 88.90 points or 0.26 per cent to a record closing high of 34,592.39, while the 50-share NSE index Nifty closed at 10,681.25, up 30.05 points or 0.28 per cent. Asian markets trading higher after strong lead from Wall Street. Positive trade in global market and expectation of revival in domestic earnings from H1FY18 is upholding the healthy sentiment.

Markets are waiting for more corporate results to flow in to see signs of recovery after the goods and services tax and the withdrawal of high-value bank notes, he added. On the last trading day of the week, the Sensex rose more than 100 points while the Nifty gained about 40 points 10,690.

Shares edged higher on Friday to a record close, boosted by surging financial and energy stocks, while investors awaited monthly inflation data for clues on the Reserve Bank's monetary policy.

"There is a little bit of hesitation seen ahead of key macro data coming later in the day".

Kevin Durant second-youngest player to reach 20000-point plateau
This invites trouble against the Bucks , who are sixth percentage of forced turnovers and eighth in converting them into points. LeBron James reached this number at a younger age than anyone in history when he reached it at the age of 28 years and 17 days.

Major Sensex gainers on Friday were: ICICI Bank, up 2.63 per cent at Rs 317.60; Maruti Suzuki, up 1.27 per cent at Rs 9,460.30; ONGC, up 1.26 per cent at Rs 200.25; HDFC, up 1.17 per cent at Rs 1,761.25; and Reliance Industries, up 1.02 per cent at Rs 946.75.

Realty fell by 1.46 per cent, FMCG 0.41 per cent, Pharma 0.32 per cent and Infra 0.09 per cent.

The BSE Midcap index was 0.61 per cent down at 18,056, while Sensex was 0.22 per cent down at 34,427 around 12.35 pm (IST). A total of 48 shares were unchanged.

The company's consolidated net profit rose 1.31% to Rs 6545 crore on 1.18% growth in net sales to Rs 30904 crore in Q3 December 2017 over Q2 September 2017. The market capitalisation of listed firms on the NSE stood at Rs 1,53,21,627.92 crore.