Monday, Sep 24 2018 | Time 09:56 Hrs(IST)
  • U S , China impose fresh tariffs with no trade talks in sight
  • PML-N, PPP mulling joining hands in bypolls
  • Karvan-e-Aman bus leaves for PoK
  • Two revenue officials killed in Kupwara accident
  • Major infiltration bid foiled, two militants killed in Kupwara
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  • New US, China tariffs set to take effect, no compromise in sight
  • Opposition leader Solih says he has won Maldives election
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  • Opp Presidential candidate Solih wins Maldives polls: Reports
  • Maldives opposition candidate says he has won presidential election
  • Asia Cup : Rohit, Dhawan guide India to victory
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Sensex up by 530 pts, 2-week-high

Sensex up by 530 pts, 2-week-high

Mumbai, Oct 7 (UN) The BSE sensex registered a massive gain of 530.50 points or 1.69 per cent at 31,814.22, a two-week-high. in the week ended yesterday on firm global cues. The Nifty of National Stock Exchange (NSE) rose by 191.10 points or 1.95 pc at 9,979.70. The equity market surged as firmness in global stocks boosted sentiment with US stocks hitting record highs on consistently improving economic data. Positive domestic economic data also perked up sentiment. Of four, the stock market remained firm for three sessions, as it was closed on Monday for 'Mahatma Gandhi Jayanti'. The Mid-Cap index gained 2.61%. The Small-Cap index advanced 3.19 pc. Both these indices outperformed the Sensex. Trading for the week started on a positive note as key benchmark indices logged modest gains on first trading day of the week on Tuesday ahead of the Reserve Bank of India's decision on monetary policy review on 4 October 2017. The sensex gained 213.66 points or 0.68 pc to settle at 31,497.38, its highest closing level since 26 September 2017. On Wednesday, it addedg another gain of 174.33 points to 31,671.71 after the RBI kept the policy repo rate unchanged at 6 pc as expected after the conclusion of the monetary policy committee meeting on that day. On Thursday it went in red as the sensex shed by 79.68 points or 0.25 pc in a volatile trade to settle at 31,592.03, its lowest closing level since 3 October 2017 as profit was seen in FMCg, Finance, Telecom and Oil Gas stocks. Erasing previous losses, the sensex bounced back by 222.19 points to 31,814.22 pts, a two week high as buying was seen across the board alongwith firm global cues. From the 30-share Sensex pack, 23 stocks rose and seven fell. More UNI NV SM1332

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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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