Sensex soars 301 points, reclaims 33000-mark

Ivan Schwartz
December 9, 2017

The benchmark Sensex on Friday pierced through the 33,000-mark amid heavy buying by cash-rich domestic institutions and strong overseas cues.

The broader Nifty too was trading above the key 10,200- level, up by 81.65 points or 0.80 per cent at 10,248.35.

The 30-share index was trading higher by 246.04 points or 0.75 per cent at 33,195.25 at 1100 hrs.

BSE Sensex closed higher by 301.09 points to 33,250.30, while the Nifty 50 rose 98.95 points to close at 10,265.65.

NHL Agrees to Consider Seattle Expansion Proposal
The NHL previously deferred an application for expansion from Quebec City in June 2016. "This is not a team that is being moved". Bettman said the expansion fee was set at $650 million for Seattle, which would become the leagues 32nd team if approved.

North Korea Says War Is Inevitable Because of Trump's 'Warmongering' Inner Circle
Pompeo's remarks infuriated the North Korean regime at the time, and they have done so again. The United States stations 28,500 troops in the South, a legacy of the 1950-53 Korean War.

Giants, Cardinals say no trades for NL MVP Giancarlo Stanton
As a rival exec said on Friday, "Don't forget, you'd be taking a guy for 10 years who has a significant history of injuries". Louis Cardinals , two teams the Miami Marlins had worked out trade proposals with, according to an MLB Network report.

Sonata Software stock gained 3.5% after the company said that its wholly owned subsidiary, Sonata Europe has entered into an agreement with IZARA ApS to acquire 15% stake in Danish company.

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 USA, where policy uncertainty kept sentiment in check. DIIs had bought shares worth Rs 995.11 crore, while foreign funds sold shares to the tune of Rs 1,217.92 crore yesterday, the provisional exchange data showed.

ITC emerged as the leader of the Sensex pack, with a 3.44% rise, followed by Tata Motors at 2.21%. The top losers included Asian Paints and Reliance Industries. The BSE FMCG index topped with a robust 2.23 percent rise, followed by metal 1.36 percent, healthcare 1.35 percent, consumer durables 1.15 percent, oil & gas 1.02 percent, auto 0.97 percent, bankex 0.92 percent and realty 0.72 percent. In keeping with the overall trend, the small-cap and mid indices rose 1% and 0.89%. Hong Kong's Hang Seng was up 0.10 per cent while Japan's Nikkei gained 1.27 per cent in early trade today. London's FTSE was up 0.27 percent.

Other reports by GizPress

Discuss This Article