Sensex cheer as BJP takes lead in Karnataka election results

Sensex cheer as BJP takes lead in Karnataka election results

The BSE Sensex stayed in the positive terrain throughout the session and hit a high of 35,596.15 before finishing at 35,535.79, a rise of 289.52 points, or 0.82 per cent, ahead of Karnataka polls. Around 10.25 a.m., the broader Nifty50 of the National Stock Exchange (NSE) traded at 10,921.80 points - up 115.20 points or 1.07 per cent - from its previous close.

On the other hand, shares of ICICI Bank (up 0.69 per cent), IDFC Bank (up 0.60 per cent) and Kotak Mahindra Bank (up 0.41 per cent) were up around that time. Nifty Pharma index recovered to close 0.19 per cent higher following six straight sessions of declines.

It touched a high of 35,993.53 points and a low of 35,497.92 during the intra-day trade.

The equity market was ended on a weaker note as United States and Asian sharesdeclined amid rising geopolitical tensions in the Korean peninsula.

The 30 share barometer was trading lower by 245.23 points (-0.69 percent) at 35298.71. Hong Kong's Hang Seng shed 0.49 percent while Japan's Nikkei was down by 0.38 percent in early trade on Wednesday. China's Shanghai Composite Index too inched 0.25 percent.

Another recent and important NIIT Technologies Limited (NSE:NIITTECH) news was published by Prnewswire.com which published an article titled: "NIIT Technologies FY'18 PAT up 12.1%" on May 04, 2018.

Weakness was also seen in other group stocks, with Reliance Naval and Engineering trading lower by 6.23 percent, Reliance Nippon Life Asset Management 2.70 percent, Reliance Power 1.19 percent and Reliance Capital one percent during the afternoon trade on the BSE.

Employment rate at new high - and wages are going up too
Across the United Kingdom employment increased by 197,000 to 32.3 million, the highest figure since records began in 1971.

Shares of Reliance Communication tanked 16% today following news that the National Company Law Tribunal (NCLT) has accepted a petition from the Indian unit of network-equipment maker Ericsson AB.

Narayana Hrudayalaya Limited operates a network of hospitals.

The rupee firmed up by 10 paise to 67.70 against the United States dollar in early trade on increased selling of the American currency by banks and exporters amid the greenback's weakness against some currencies overseas.

Indian shares ended lower on Friday, as financial stocks fell with Punjab.

Meanwhile, HUL, Lupin, ITC gained about two to three percent.

The BJP was leading in 120 seats while the ruling Congress was in the front in 59 constituencies in Karnataka, according to early trends.

In terms of investments, provisional data with the exchanges showed that foreign institutional investors sold scrips worth Rs 518.47 crore, while the domestic institutional investors bought stocks worth Rs 531.33 crore.

Related News:

  • 'Disgusted' Sam Allardyce sacked by Everton

    'Disgusted' Sam Allardyce sacked by Everton

    Rooney had seen his involvement limited under Allardyce, but could be convinced to stay at his boyhood club by a new regime. He did the same with Sunderland, and also established Blackburn and West Ham as solid Premier League teams.
    Real Madrid 'willing to offer Gareth Bale in Mohamed Salah deal'

    Real Madrid 'willing to offer Gareth Bale in Mohamed Salah deal'

    He still has work to do, and I am really happy about that. "I like him a lot", he said . He needs more top-level football so I'm happy with any decision him and the club make'.
    Juventus clinches seventh consecutive Serie A title

    Juventus clinches seventh consecutive Serie A title

    Argentine Higuain's appearance at his former stomping ground, the San Paolo Stadium , was greeted with jeers by the home crowd. Napoli had effectively handed the crown to Max Allegri's side after they were held to a 2-2 draw by Torino last weekend.
  • Yates wins Stage 11 to extend Giro lead

    Yates wins Stage 11 to extend Giro lead

    For Kiwi cyclist George Bennett, stage 11 of the Giro d'Italia could be seen as a microcosm of his race so far. In recent times, they have not raced a similar distance against each other in a flat time trial.
    California Leaders Blast Trump's Sanctuary Roundtable

    California Leaders Blast Trump's Sanctuary Roundtable

    He added, "Immigration law is the province of the federal government". Across the country in Sacramento, California Gov.
    Scottish Parliament refuses consent for Britain's European Union  withdrawal bill

    Scottish Parliament refuses consent for Britain's European Union withdrawal bill

    He said the government would press ahead with the Bill but suggested it would be open to amending it to reflect Scottish concerns. But SNP MSP Ash Denham responded: "The Tories think they can do whatever they like to Scotland and get away with it".
  • Deadly explosion at California building not accident

    Deadly explosion at California building not accident

    Authorities say one person is dead and two others have injuries after an explosion rocked a Southern California office building. Friends set up a fundraising campaign to cover her funeral costs and fly her son home from Seattle, where he attends college.
    AUDIO: 911 Call That Led to Krista Glover Being Arrested

    AUDIO: 911 Call That Led to Krista Glover Being Arrested

    He told his fans that "everyone is fine" and they are "comfortable" the "judicial system" will "address what actually happened". He then went back to his rental home near the course where he got into an argument with his wife who apparently attacked him.
    This Pilot Was Partially Sucked Out of the Cockpit Window

    This Pilot Was Partially Sucked Out of the Cockpit Window

    Although the occurrences of windshields cracking happen quite often, the instance of an entire windshield coming off is rare. Immediately after the breakage, they may enter a descent to below 10,000 feet to avoid catastrophic decompression.
  • Hart axed as England squad named

    Hart axed as England squad named

    Gareth Southgate announced his 23-man squad for this summer's tournament in Russian Federation yesterday with Hart left out. Today, Gareth Southgate named Rashford as one of the four strikers he'll bring to Russian Federation in June.
    Here's when: Vodafone boss to stand down after 10 years

    Here's when: Vodafone boss to stand down after 10 years

    LONDON -Vodafone announced on Tuesday that long-serving CEO Vittorio Colao will step down later this year . Colao's pending deals with Liberty Global Plc and Idea Cellular Ltd. mean he's not starting from scratch.
    Author Tom Wolfe Dies at 88, Agent Says

    Author Tom Wolfe Dies at 88, Agent Says

    During his several years in Washington, he also experimented with enriching features with fiction techniques. Born in Richmond, Virginia in 1931, Wolfe attended Washington and Lee for undergrad and Yale for his Ph.D.


Most liked

AMERICAN HERO: Officer 'CHARGED' at School Shooter Within Seconds
As the officer pursued the suspect, the offender fired several shots and the officer returned fire. An earlier account said the gunfire exchange took place in the gym.

Man United No 2 Faria leaving after 17 years with Mourinho
And when Michael (Carrick ) has the pro licence badges. "I always think that in the championships, the truth is always there. Yet there was no Anthony Martial in the squad, despite Mourinho's prior indication the Frenchman would start.

Shiite cleric al-Sadr leads in Iraq's initial vote results
Over the weekend, Iraqis voted in the first general election since the country declared victory over Islamic State previous year . Abadi - who came to power in 2014 as IS rampaged across Iraq - has balanced off the USA and Iran during his time at the helm.

Emre Can out of Germany's provisional World Cup squad
They open their World Cup campaign against Mexico on June 17, before fixtures against Sweden (June 23) and South Korea (June 27). In a major surprise, World Cup-winning goalscorer Mario Gotze has been dropped from Germany's squad for the mega event.

Moscow doesn't rule out Tehran's pullout from nuclear deal - deputy FM
The two leaders reiterated their commitment to the Iran accord in the phone call, the Kremlin press service said in a statement. A Russian foreign ministry spokesman confirms Zarif would meet Russia's Sergei Lavrov on Monday morning.

Former Aston Villa, Bolton Wanderers defender Jlloyd Samuel killed in auto crash
Cheshire Police said they were called to a serious collision involving a van and a Range Rover in High Legh, Cheshire at 07:55. He played youth football for Charlton before joining Aston Villa , where he made almost 200 appearances between 1999 and 2007.

After Guerrero's World Cup ban, union seeks new doping rules
Without the three extra points, Peru would have fallen below Chile and Paraguay in the standings and out of contention. It has now been extended to January after the CAS upheld an appeal by the World Anti-Doping Agency.

Russian Federation into Rugby World Cup as Romania are disqualified
World Rugby has disqualified Romania from the 2019 World Cup and given its place to Russian Federation . It goes in as the Europe 1 qualifier in Pool A, joining Ireland, Scotland, and Japan.

Roberto Mancini appointed Italy manager
Mancini's two-year contract will run concurrently with European Championship qualifiers, as well as the tournament proper. However, the Azzurri have found their man and former Manchester City boss Roberto Mancini will fill the void.

Salman Khan's Race 3: Much-awaited trailer takes the internet by storm
Ever since the team of Race 3 has landed in Kashmir, there have been several photos coming from the sets of the film. After Tiger Zinda Hai, this is the second time, Salman will be flaunting his high end gun totting skills.

Watch Ariana Grande Sing 'No Tears Left To Cry' Over Nintendo Instruments
Earlier this month, Ariana Grande appeared as a whole-show guest on " The Tonight Show Starring Jimmy Fallon ". From fishing rods to motorcycles, you can experience games made for the platform in new and interesting ways.

Cargill has 'significant concerns' over US-China trade strategy
Last month, Commerce accused ZTE of violating the agreement and blocked ZTE from importing American components for seven years. ZTE has asked the department to suspend the seven-year ban on doing business with USA exporters.

Homeland security Official In Pa. On Primary Day
For true political junkies the evening of May 15 will offer a steady stream of returns, with polls closing at 8:00 p.m. Republican Rick Saccone, who lost to Lamb, is seeking redemption in a Pittsburgh-area district that favors the GOP.

Honor 10 Announced : Beauty In AI
While Honor is the leading smartphone e-brand in China, it is expanding rapidly overseas with 100 per cent growth since inception. The front camera supports bokeh mode, and it also has support for studio lighting effects in a range of lighting conditions.

WhatsApp adds 6 new features to Groups to bolster user's experience
The feature didn't take off with the same functionality as Facebook did but it comes with better user facility now. The latest update rolling out to WhatsApp users heralds the arrival of a batch of new group messaging features.