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Business Economy Share

Sensex ends at 2-wk-high of 31,814 22 pts on brisk buying across board

Sensex ends at 2-wk-high of 31,814 22 pts on brisk buying across board

Mumbai, Oct 6 (UNI) The benchmark index of Bombay Stock Exchange (BSE) rebounded today by 222.19 points to a two-week-high of 31,814.22, on sustained buying across the board amidst positive cues from Asian peers. The Nifty of National Stock Exchange (NSE) too increased by 91 points to 9,979.70. The Sensex, which had shed by 79 points yesterday, went up this morning by 41 points to 31,633.34 in early trade. It remained in green throughout the day. It registered a day's high at 31,844.28, up by 397 points, before closing at 31,814.22, advancing by 222.19 points as compared to its last close. Buying in sectoral indices like Materials, FMCG, Finance, Health Care and Industrials pushed the Sensex up. Scrips of Tata Steel, Sun Pharma, NTPC, SBI and Hindustan Unilever gained which supported the market sentiment, while Tata Motors DVR, Dr Reddy's Lab and HDFC remained under pressure that capped its further gains, brokers informed. The S&P BSE Mid-Cap index shot up 0.95 per cent. The S&P BSE Small-Cap index moved up 1.09 pc. Both these indices outperformed the Sensex. The market breadth was stronger on BSE, as 1,700 shares rose while 965 others fell and 112 were unchanged. The total turnover on BSE amounted to Rs 3,673.65 crore, compared with a turnover of Rs 3,348.15 crore registered during the previous trading session. More UNI NV SS SM1708

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Walmart-Flipkart deal will adversely affect small traders: CAIT

23 Sep 2018 | 6:29 PM

New Delhi, Sep 23 (UNI) Small businesses across the country will participate in Bharat Trade Bandh on September 28 against Walmart Flipkart Deal & FDI in retail trade under the umbrella of the Confederation of All India Traders (CAIT).

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City industrialist Purnachandra Rao elected as National VP for IACC

23 Sep 2018 | 5:00 PM

Hyderabad, Sept 23 (UNI) Hyderabad-based industrialist, Purnachandra Rao Surapaneni has been elected unanimously as National Vice President of the Indo-American Chamber of Commerce (IACC).

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Punjab Infotech launches three weeks 'certificate course in business first portal'

23 Sep 2018 | 4:41 PM

Chandigarh, Sept 23 (UNI) In a bid to familiarise the entrepreneurs and investors keen in making investments besides assisting new and existing industries in availing various regulatory and fiscal incentives online, the Punjab Infotech in sync with Industries and Commerce Department has launched a three weeks 'Certificate Course in Business First Portal'.

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Fuel prices on rise; petrol inches closer to Rs 90 p/l in Mumbai

Fuel prices on rise; petrol inches closer to Rs 90 p/l in Mumbai

23 Sep 2018 | 3:33 PM

New Delhi, Sept 23 (UNI) Fuel prices witnessed another hike on Sunday when petrol prices in Delhi, increased by 17 paise per litre and diesel by 10 paise per litre.

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Rajiva Kumar Sinha appointed head of NTPC Kudgi Super Thermal Power Project

23 Sep 2018 | 3:17 PM

Bengaluru, Sep 23 (UNI) Mr Rajiva Kumar Sinha has assumed charge as Group General Manager (Head of Project) Kudgi Super thermal Power Project in Bijapur district of Karnataka.

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