New Apple iOS 11 will end support for iPhone 5 and 5c
Royal Family enjoy the sun on day one at Ascot
Close to 100 stocks trading nearing lifetime high on BSE
12 May 2017, 01:19 | Virginia Benson
Q4 earnings stay just above St estimates
With investors' positive sentiment that widened their buying spree following the forecast of a normal Monsoon this year by Indian Meteorological Department (IMD), benchmarks Sensex and Nifty surpassed its previous record closing and hit fresh record highs on Wednesday.
The BSE Sensex zoomed 264 points to quote at an all-time high of 30,197.66, while the broader NSE Nifty scaled 9,390.15.
On similar lines, the NSE Nifty, after hitting an all- time high of 9,414.75, settled higher by 90.45 points, or 0.97 per cent at 9,407.30.
The Sensex and Nifty were trading flat due to heavy selling in power, oil & gas, PSU and capital goods stocks amid weak European cues.
Major contributors to the key indices were HeroMoto, Bajaj Auto, Adani Ports, ITC, Sun Pharma, and SBI.
The BSE market breadth was bullish - with 1,577 advances and 988 declines.
Midcaps and banks gained around half a percent, along with the IT index.
The indices had ended at record highs in yesterday's session as well after the weather office said monsoon rainfall this year will exceed its earlier forecast, easing inflation worries.
The total turnover on BSE amounted to Rs 4,031.10 crore, higher than Rs 3,625.49 crore registered during the previous trading session.
The rupee gained marginally at 64.52 to the U.S. dollar on Thursday in early session.
"We believe Hero MotoCorp is the best pick, with a likely revival in the rural economy, as approximately 50% of sales are in the rural markets", HDFC Securities said in a note.
Among the top gainers were Bharti Airtel, HDFC and Hindustan Unilever, while Wipro, Tata Consultancy Services, IDBI Bank, Biocon and ICICI Bank incurred losses. Hong Kong's Hang Seng index closed up 0.4%, while South Korea's Kospi index ended 1.2% higher.
Elsewhere in Asia, China's Shanghai Composite index and Japan's Nikkei 225 index rose 0.3% each. State Bank of India and Bank of Baroda climbed 0.8 per cent and 1 per cent, respectively.
The shares of the mid-cap and small-caps showed good trade as indices of both were up, approximately to a percent each.
NCAA releases latest Academic Progress Rate data
A team's April is the total number of eligibility/retention points earned divided by the maximum number of points possible. NCAA member representatives chose the 930 standard because that score predicts a 50 percent graduation rate for the team.
Motorola may be working on a new tablet
The company has been on a hot streak in the mobile scene and I'd love to see the touches it could put on a future tablet. Android Police's sources also claim that the alleged Moto tablet could be a 9-inch device with a premium build quality.
Harvey reportedly partied into early morning Saturday
Harvey was also ordered to pay a fine of $82,219, which is just a fraction of the $5.1million he is set to receive this year. Page Six's source said Harvey didn't even get to the club until 1 a.m. "I'm extremely embarrassed by my actions".
Blast, fire near Syrian airport
The airport itself lies about 15 miles southeast of the capital, but locals said the blast was so big it rung out across the city. In 2011, the US Treasury reported that Iran Air, a civilian carrier, transported missile parts and military supplies to Syria.
North Korea quiet amid expectation of missile follow-up
It is loaded with nuclear missiles as part of the US' strategy to contain North Korea's nuclear and missile programmes, CNN noted. Flurry of diplomacy under way as North Korea reportedly marks military anniversary with large-scale artillery drill.