Sensex ends 112 points higher; Nifty settles above 10500

Sensex posts longest winning streak in 4 years Nifty closes above 10,500

Mumbai: Indian shares gained for the ninth straight session on Tuesday with the Sensex rising almost 100 points after the India Meteorological Department (IMD) forecast a normal monsoon for this year. Foreign institutional investors (FIIs) pulling out over Rs 308 crore and domestic institutional investors selling stocks worth Rs 28.97 crore in the Indian market on Monday also weakened sentiment.

The gauge has gained 1,286.36 points in the previous eight sessions.

Last week, the Sensex ended with third consecutive weekly gain by a solid 565.68 points to conclude at 34,192.65, while the broader Nifty reclaimed to close above the key 10,400-level at 10,480.60.

Hindalco (+2.9%), Power Grid (+2.6%), Tata Steel (+1.8%), M&M (+1.4%) and Vedanta (+1.3%) were the top gainers on the NSE.

Sensex ends 112 points higher; Nifty settles above 10500
Sensex ends 112 points higher; Nifty settles above 10500

Asian markets opened higher, tracking the overnight gains in the USA stocks. Hang Seng saw extended weakness for another day with the index falling over 2% yesterday.

Pharma and sub-indices rallied the most gaining 1.56 per cent and 1.05 per cent respectively.

The 30-share index was trading higher by 92.66 points (0.27 percent) 34398.09 with power, PSU, metal, infrastructure, capital goods, and infrastructure and auto sector stocks leading the trend. Shanghai Composite Index, however, fell 0.25 per cent.

Overnight, the Dow gained 0.87 percent and the S&P 500 rose 0.8 per cent on Monday, with the biggest boosts from technology and healthcare sectors as investors were optimistic about the earnings season and appeared less anxious about US-led missile attacks in Syria.

Harry Anderson of 'Night Court' fame found dead in NC
Charles, at the time, was producing Cheers and asked Anderson to guest-star on the show as con man Harry "The Hat" Gittes. Genre fans will remember Anderson as Richie Tozier in the original 1990 TV miniseries for Stephen King's It.

Related News:

  • Amber Rudd sorry for 'appalling' treatment of Windrush immigrants

    Amber Rudd sorry for 'appalling' treatment of Windrush immigrants

    The row has threatened to overshadow Britain's hosting of the annual Commonwealth Heads of Government meeting in London this week. A Home Office official said the rejection had been because the subject of the meeting was not clear.
    John Stamos and Wife Caitlin McHugh Welcome First Child

    John Stamos and Wife Caitlin McHugh Welcome First Child

    The "uncle" part of his post was obviously a joke about his time as Uncle Jesse on his hit show Full House . She floats into a room. "I asked.she said yes!.And we lived happily ever after", the actor posted.
    Bank Of America Corp Earnings Results Beat Estimates

    Bank Of America Corp Earnings Results Beat Estimates

    Banks have been able to pocket much of the benefit from the rate increases because customers aren't demanding more interest. Personal Capital Advisors Corp purchased a new stake in Bank of America in the 3rd quarter valued at $311,000.
  • California won't participate in USA  border security operation

    California won't participate in USA border security operation

    National Guard lieutenant colonel denies rejecting plan to send troops to border " The federal government has not yet responded. The Associated Press reported the tenuous agreement between the federal government and the state soured over the weekend.
    Goldman Sachs Group Inc (GS) Gains Purchase Rating from JPMorgan Chase & Co

    Goldman Sachs Group Inc (GS) Gains Purchase Rating from JPMorgan Chase & Co

    It is positive, as 60 investors sold GS shares while 371 reduced holdings. 106 funds opened positions while 322 raised stakes. Credit Suisse Group AG restated a buy rating on shares of Goldman Sachs Group in a research note on Friday, February 10th.
    Michael Cohen Represented Sean Hannity

    Michael Cohen Represented Sean Hannity

    For Broidy, Cohen helped broker a $1.6 million payment to a former Playboy model with whom he had a sexual relationship. I've never been a client in the traditional sense". "I don't know what the full thing was that actually went on there".
  • 'Confusion Internally': Trump Walks Back Nikki Haley Announcement on Russia Sanctions

    'Confusion Internally': Trump Walks Back Nikki Haley Announcement on Russia Sanctions

    The ambassador argued that the limited airstrikes were a "very strong attack " considering "we were not looking for war". The White House said USA troops will remain in Syria, for now, but the end-goal is still to pull out of the country.
    USA  environmental agency broke law with soundproof booth

    USA environmental agency broke law with soundproof booth

    Pruitt and those around him are under multiple investigations launched by government watchdogs and congressional committees. Pruitt has faced growing criticism and angry questioning from Democratic and Republican lawmakers over his spending habits.
    Here Is How You Can Check If Your Facebook Data Was Leaked

    Here Is How You Can Check If Your Facebook Data Was Leaked

    Now, that action is specifically prohibited by Facebook in the terms of service they have for app and quiz developers. The Facebook executives will say that they are "aligned with its goals".
  • Avengers Infinity War: ANOTHER big star added to huge cast - guess who?

    The forthcoming film will bring together 22 superheroes on the big screen for an epic battle with the mad titan Thanos. So here's a little bit of inside baseball: Avengers: Infinity War comes out on April 23.
    Haley Says US Troops Not Leaving Syria; Rules Out Talks With Assad

    Haley Says US Troops Not Leaving Syria; Rules Out Talks With Assad

    They are expected to investigate the site thoroughly, hopefully determine the culprit (s) and prevent further chemical attacks . The Syrian government has strongly denied the allegation, calling on OPCW to send a fact-finding mission for investigations.
    'Walking Dead' Boss Teases New Narrative for Season 9 Under Angela Kang

    'Walking Dead' Boss Teases New Narrative for Season 9 Under Angela Kang

    Although the show did surprise me, not in a great way but more in a "well that's dumb, but it's almost over" kind of way. There are two characters that have not been at the forefront of the season as much as we'd like - Eugene and Jesus.


Most liked

85-Year-Old Santa Cruz Runner Makes Boston Marathon History
The last time a woman won the storied Boston race was in 1985, when Michigan's Lisa Larsen Rainsberger won with a time of 2:34:06. Last year , Linden finished fourth in Boston with a time of 2:25:06, finishing about three minutes behind the victor .

Kellyanne Conway's response to Comey interview contradicts Trump's talking point
Conway asked Stephanopoulos, whose highly anticipated interview with Comey aired Sunday night. All very weird stuff. "He loved being alone in the Oval Office, and wanted a piece of it".

Michael Cohen reveals client list ahead of hearing
Cohen's lawyers want to go over the documents and tapes and shield from prosecutors any they deem privileged. Wood instead allowed prosecutors to move forward with the initial stages of the review.

United Kingdom and U.S. accuse Russian Federation of cyber attack that compromised global networks
Hackers backed by the Russian government exploited "large numbers of" routers and switches around the world since 2015. The attack focused on governments, businesses, "critical infrastructure", and internet service providers.

U.S. and United Kingdom warn that Russian Federation has been hacking routers worldwide
Lastly, the alert outlined what erratic hardware behavior should indicate if a device has been already compromised. US Homeland Security has directly condemned the Russian state for the attacks.

Congress demands rape accused should be hanged till death
She also asserted that the party demands strict action against the accused in both the cases. Following Gandhi's protest, some PCC units too staged protests on Friday.

The Weeknd, Bella Hadid back together?
Bella Hadid is clearing up a rumor about her and ex-boyfriend The Weeknd before anyone tries making up more stories about them. According to another source, Bella - the younger sister of Gigi Hadid - "wants to be exclusive" with the rapper.

Alfie Evans' dad: 'We're never going to back down'
Chief Inspector Chris Gibson said officers "recognise the sensitivities involved in this very hard and sad situation". Hayden said details of that plan could not be revealed because Alfie was entitled to privacy at the end of his life.

Protect Kathua case victim's kin, lawyer: SC tells J&K Govt
The eighth accused is a juvenile, who has moved a bail application before the Chief Judicial Magistrate. The chargesheet said Sanjhi Ram, the caretaker of the temple was the main conspirator.

VAR awards penalty during half time of Bundesliga match
During the Bundesliga meeting between Mainz and Freiburg , a penalty was awarded AFTER the players had left the pitch for half-time.

Country Trust Bank Sells 67293 Shares of Apple (AAPL)
The iPhone maker reported $3.89 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $3.82 by $0.07. It is positive, as 50 investors sold AAPL shares while 1023 reduced holdings. 31 funds opened positions while 35 raised stakes.

Batshuayi season 'probably over', race on for World Cup
He scored seven goals and set up another in 10 league appearances since his winter switch as a replacement for the Arsenal-bound Pierre-Emerick Aubameyang.

ATM's run out of cash in major cities across India
RBI sources have said that "higher than normal withdrawal of cash" in these states have led to acute shortage of cash. Overall there is more than the adequate currency in circulation and also available with the Banks.

SpaceX to slow upper rocket stages with "giant party balloon"
Scheduled for an April 2018 launch, the spacecraft will prowl for planets around the closest, brightest stars. By focusing on planets dozens to hundreds of light-years way, TESS may enable future breakthroughs, he said.

Best moments from Man City's title winning season
City have unquestionably been the best team in England but their status has been undermined by their Champions League exit. City finally took the Silverware, clinching their fifth league title in their history, their third Premier League title.