Sensex leaps to biggest single-day gain in a month
08 December, 2017, 01:41 | Author: Pamela Mathis
The domestic benchmark indices recovered from six-week lows as BSE Sensex gained as many as 352 points to 32,949.21 while Nifty50 ended the session at 10,166.70, up 123 points.
Both the benchmark indices surged more than a per cent.
After a strong start at 32,968.02, the Sensex reclaimed the 33,000-mark to hit a high of 33,008.62 points but profit- booking at higher levels capped the gains.
PSU Bankstocks too recovered from the previous session's losses, and Nifty PSU bank index ended 1.25 per cent higher at 3,798.55.
Out of 1,989 stocks traded on the NSE, 1,219 advanced, 474 declined and 296 remained unchanged today. Participants sensed value-buying opportunities after equities' recent lacklustre run, making stock valuations attractive, brokers said.
In the broader markets, the S&P BSE mid-cap index closed higher by 1.38 per cent and the small-cap index by 1.29 per cent.
The index had lost 205 points yesterday after the Reserve Bank held the policy rate and raised the inflation forecast for the remainder of the fiscal. However, RBI reiterating an economic growth of 6.7 per cent for FY18 uplifted the sentiment.
The rupee's weakness against the dollar too dampened the overall mood.
Other gainers were Asian Paints, Maruti Suzuki, Tata Steel, Bajaj Auto, NTPC, L&T, ICICI Bank, HUL, SBI, Tata Motors, Lupin, Adani Ports, Hero Motocorp, Power Grid and Infosys, rising by up to 3.29 per cent.
"It is not a common thing", film producer and consultant Kathryn Arnold told the Daily News of the purchase. The production company reportedly exercised a buy back clause so that they could give it a bigger push.
One West Ham player who did catch the eye at Eastlands was Republic of Ireland Under-21 worldwide Declan Rice. West Ham manager David Moyes, on his part, said: "I have to say it was a really good effort.
It runs on Huawei's home-grown octa-core Kirin 659 processor clocked at 2.36 GHz and features a Mali-T830 MP2 graphics processor . The 970 is paired with 6 GB RAM and 128 GB internal storage and comes in an attractive metal body that is just 6.79 mm thick.
It's no secret that most teams go into games against the New Orleans Pelicans hoping to get under the skin of DeMarcus Cousins . We're just talking, getting into it....it's a heated matchup, it was a heated conversation.
Fog shouldn't be as widespread but some patchy dense areas will be possible through sunrise as temperatures start off in the 60s. Monday's highs will be off by 20 or more degrees, with highs only reaching to the upper 30s to mid-40s for most areas.
When there is no longer enough power to operate the heaters, the team will switch back to the attitude control thrusters. Nasa had grown anxious about the altitude control thrusters on Voyager 1, which have been wearing down.
Ultimately, however, it is the president and Congress who must define what our national immigration policy must be. Nielsen was the second woman to head this ministry after Janet Napolitano, who was in office from 2009 to 2013.
The Houthis' political office on Saturday accused Saleh of staging a "coup" against "an alliance he never believed in". The fighting in the capital of Sanaa caused residents to cower in their homes as explosions rocked the city overnight.
While most people would expect her go-to products to be pricey, Meghan actually has some very budget beauty must-haves. Claire Foy and Matt Smith attend the screening of " The Crown " at 92nd Street Y on December 4, 2017 in New York City.
KitGuru Says: Apple may start setting the money for this aside soon, but it seems clear that it still wants to get out of it. According to the EU, the tax deal allowed Apple to pay nearly nothing in tax on its European profits between 2003 and 2014.
If you've had your flu shot, doctors say there are signs the vaccine against the main strain is only about 10 percent effective. For Calgary's Laura Hampton, any protection against the flu is good protection when it comes to her one-year-old son Jack.
Recognizing the Rights of All People is Important: Pope
This irked Israel because his predecessor had always gone first to Israel and entered the territories from Israel. The Pope made comments to a group of visiting Palestinians involved in inter-religious dialogue with the Vatican.
New Fire Hits the 405 Freeway, in the Heart of Los Angeles
Once those shelters reached capacity, pet owners were directed to take their large animals to the Antelope Valley Fairgrounds. The exception to the evacuation order was the Bel Air Crest housing development, which was not threatened, Garcetti said.
IATA: With passenger growth will come higher airline profits
A rise in cargo carried to 62.5 million tonnes, up 4.5% on the 59.9 million tonnes in 2017. "More people than ever are traveling". But Mr de Juniac pointed out the industry also faces longer-term challenges, many of them are in the hands of governments .
Cubs Given Meeting With Shohei Otani
It's never quite been clear what it is that Ohtani wants, but we know that it's not money since his age, 23, limits his contract. And the Cubs have only about $300,000 to offer in global bonus money because they overspent their allotment a year ago .
SD Senator John Thune; Time to Roll Back Net Neutrality
Fake comments were submitted both in support of and opposition to the FCC's proposed ruling, findings that echoed other studies. Schneiderman added that the feedback system was "corrupted" - a fact that he accuses the FCC of being well aware of.
Legendary Bollywood actor Shashi Kapoor passes away at 79
His famous pairing opposite Zeenat Aman was seen in movies like Deewaangee, Roti Kapda Aur Makan and Satyam Shivam Sundaram . Two minutes silence was observed at Delhi International Film Festival to pay homage to the veteran actor on his demise.