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Sensex hits all-time high; Nifty breaches 11,000-mark
Posted on 12th July 2018
Healthy start to corporate earnings lifted benchmark indices above their recent milestones on Thursday.

The BSE Sensex surged 211.07 points to hit all-time high of 36,477-mark and the NSE Nifty index surged 64.15 points at 11,012.45 in early trade on Thursday.

Out of 30 BSE Sensex stocks, twenty-six Sensex stocks started on higher note on Thursday. The major gainers of the early trade were Reliance, Yes Bank, Kotak Bank, Asian Paints, SBIN and Coal India.

On Wednesday, BSE Sensex opened 59.64 points higher, but soon turned choppy in early trade, as investors cashed profits in metal, healthcare, PSU and auto stocks, amid weak Asian cues after US-China trade spat escalated.

After opening on a positive note, the BSE 30-share barometer dropped by 56.15 points, or 0.15 per cent, to 36,183.47 led by fall in index majors Hero Motorcorp, Vedanta, Coal India and RIL shares.

The gauge had rallied 665.07 points in the previous three sessions on sustained buying by domestic institutional investors (DIIs).

However, a rise in shares of index heavyweight TCS capped Sensex losses, after the IT major posted reported better-than-expected earnings. It was the top gainer in the Sensex pack, rising 2.02 per cent to Rs 1,915.

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

Other Latest News
ONGC may defer dividend payout this year; says, will buy back govt shares or pay dividend, not both
Posted on 15th November 2018
State-run energy major Oil and Natural Gas Corp (ONGC) has informed the Ministry of Finance that it may defer the interim dividend plan for the current financial year 2018-19, as it can either pay interim dividend or buy back government shares in the company, but not the both as it needs some time to build a corpus for the payout, The Indian Express reported.

Maruti Suzuki feels the heat, loses market share
Posted on 15th November 2018
MUMBAI: It has been a classic case for the Indian passenger vehicle market in the last 5-7 years: if Maruti Suzuki sneezes, the market catches a cold.

So, the overall Indian passenger vehicle market fell into negative category in the quarter ended September with sales falling 3.6% year-on-year to 870,804 when Maruti Suzuki sales dropped 1% to 449,834.


Air India eyes Rs 800 crore from sale of over 70 properties
Posted on 15th November 2018
MUMBAI: Loss-making national carrier Air India plans to mop up Rs 700-800 crore by selling over 70 residential and commercial properties spread across the country, a senior airline official said Thursday.

This fresh bid is a part of the airline's real estate assets monetisation plan approved by the then UPA government in 2012.


Mary Kom sets eyes on sixth world crown
Posted on 15th November 2018
New Delhi: Home favourite M. C. Mary Kom will look to grab her historic sixth crown when she will begin her campaign at the Aiba Women’s World Boxing Championships at the Indira Gandhi Stadium here from Thursday.

The 35-year-old, who will fight in the 48kg, is tied with Katie Taylor on five golds and one more will make her the most successful woman boxer in history since the Irish pugilist is now a Pro.


Infosys to hire 500 American techies in Texas
Posted on 15th November 2018
Bengaluru: Tech major Infosys will hire 500 American workers in Texas where the company is setting up a Technology and Innovation Hub, a specialised facility for telecommunications, retail and banking sectors.

Infosys in May 2017 said it would hire 10,000 American workers by 2019 and the company has already hired over 6,200 of them since it made this people announcement.


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