IndiaCatalog.com
India News
Search Web Directory
News Home
Markets open in green, Sensex up 200 points; Nifty touches 10,500 mark
Posted on 12th February 2018
Key indices on Monday opened in green. The benchmark BSE Sensex opened 200 points higher to open at 34203.34 while the NSE Nifty gained over 70 points to trade above 10,500.

The BSE market breadth was bullish as 1,028 stocks advanced as against 224 declines.

At 10:00 AM, Sensex was up by 0.34% to trade at 34,120.03 points while Nifty was at 10,495.05.

Meanwhile, the rupee recovered by 15 paise to 64.25 against the dollar in opening trade today on fresh selling of the US currency by exporters and banks amid a higher opening in domestic equity markets.

Forex dealers said the dollar's losses against major global currencies overseas after last week's rally supported the rupee.

Asian share markets found a semblance of calm on Monday as S&P futures extended their bounce, though bond investors were still fretting about the risks from looming U.S. inflation data.

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.8 per cent, having suffered a 7.3 per cent drubbing last week.

Both South Korea and China gained 0.8 percent, while Japan's Nikkei was closed for a holiday.

E-Mini futures for the S&P 500 rose 0.5 per cent, adding to a late bounce on Friday. Yet a relatively sharp 12 tick drop in Treasury bond futures suggested it was too early to sound an all-clear on volatility.

"A massive buildup in market leverage has been partially unwound in the blink of an eye and morphed into something far more broad-based," said Chris Weston, chief market strategist at broker IG.

"One could argue that it is the U.S. bond market that is the driving force, and will remain so through this coming week."Particularly challenging will be U.S. consumer price data on Wednesday given it was fears of faster inflation, and thus more aggressive rate rises, that triggered the global rout in the first place.

Median forecasts are for consumer price inflation to slow a little to 1.9 per cent in January, mainly due to the base effect of a high reading in January 2017, while the core measure is seen ticking down to 1.7 per cent.

Related Companies: Bombay Stock Exchange - BSE   National Stock Exchange of India Ltd (NSE)    

Other Latest News
Enough assets to meet any liability, says scam-hit PNB
Posted on 22nd February 2018
MUMBAI: State-owned PNB on Thursday said it has followed lawful avenues to recover its dues following Rs 11,400 crore swindling of funds allegedly by jewellery designer Nirav Modi and associates.

The country's second largest public sector lender also reaffirmed that it has enough assets to meet any liability.


Telecom Minister Manoj Sinha says there’s no proposal to merge BSNL, MTNL
Posted on 22nd February 2018
Telecom Minister Manoj Sinha today said there are no plans at present to merge BSNL and MTNL, but asserted that the strategic plan outlined for promoting synergy among state-owned telecom firms will strengthen and benefit both the organisations. “There is no thinking in government on merging the two. But we are taking steps to ensure that collaboration between MTNL (Mahanagar Telephone Nigam Ltd) and BSNL (Bharat Sanchar Nigam Ltd) strengthens and benefits both the organisations,” Sinha said.

Sebi may tighten AIF regulations to better monitor the source of funding
Posted on 22nd February 2018
The Securities and Exchange Board of India (Sebi) plans to tighten present Alternative Investment Funds (AIF) regulations to better monitor the source of funding and their end use.

According to sources, Sebi may check the anti-money laundering policies implemented by AIFs and examine the sanctity of any back-end arrangements an AIF may have with its investors, whereby money raised in AIFs is invested back in entities owned by the investors.


Qualcomm, Microsoft offer 'always connected' PCs with smartphone features
Posted on 22nd February 2018
Global chip-maker Qualcomm Technologies and Microsoft have collaborated with leading retailers from across the world to offer new "always connected" Windows 10 PCs powered by the Qualcomm Snapdragon Mobile PC Platform.

Retailers in the US, Australia, China, Italy, France and the UK will offer a range of new Windows 10 PCs from Asus, HP and Lenovo, the companies announced on Thursday.


Sensex slips 144 points ahead of F&O expiry
Posted on 22nd February 2018
MUMBAI: The benchmark BSE Sensex fell over 144 points in early trade as investors turned cautious ahead of February derivatives expiry amid sustained foreign fund outflows and mixed Asian cues.

The 30-share index, which had gained 141.27 points in the previous session, slipped 144.23 points, or 0.42 per cent, to 33,700.63.


» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for Markets open in green, Sensex up 200 points; Nifty touches 10,500 mark
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for Markets open in green, Sensex up 200 points; Nifty touches 10,500 mark

Most Read News

Reliance Jio offers 2,200 cash back on smartphone purchase

Idea Rs 149 recharge plan now offers 28GB data, unlimited calls

Predatory tariff: Telcos to be fined up to Rs 50 lakh a circle

SBI’s `1,935-crore loans up for ARC bids

Ashok Leyland gets patent for tech to help improve fuel economy

More India News

Photo Gallery

Dhanush(11 Images) Dhanush
Siddharth(12 Images)Siddharth
Varun Tej(12 Images) Varun Tej
  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2018 IndiaCatalog.com
    All Rights Reserved
Privacy Statement