Iran's OPEC Boss: Trump's Tweets Have Added $10 to Oil Prices
European Union warns Trump that auto tariffs could lead to $300B retaliation
OPEC agrees ouput rise of ‘about’ 1 mln barrels -Saudi
Trump calls for US$200B more tariffs on China; US futures drop
Visa payments not working as system crashes in UK
India's Nifty reclaims 9900; Infosys climbs on buyback plan
18 August 2017, 12:30 | Vickie Mathis
BSE Sensex traded higher on Wednesday
Traders said volatility crept in due to emergence of sudden selling in the last half an hour of the session, which took away much of the day's gains. The 30-share BSE Sensex gained 24.57 points to close on 31,795.46 while the broader 50-share NSE Nifty gained a marginal 6.85 points to finish trading on 9,904.15, thereby managing to close above the psychological mark of 9,900.
The fall was led by sectors such as banks, auto, pharmaceuticals and FMCG stocks, while the sectors that ended in the green included was information technology. The flagship BSESensex too climbed 128.43 points, or 0.39 per cent, to trade at new record high of 32,374.30, breaking its previous record high of 32,320.86 reached in yesterday's trade.
Stocks consolidated their gains on Thursday after US Fed minutes signalled uncertainties over near-term rate hikes.
The Sensex is trading at 31,513.07 points up by 64.04 points or 0.20 percent.
Market breadth was in the favour of gainers, with about 2 stocks advancing to every 1 stock that declining.
■ 9.05am: Infosys Ltd rose 3% to Rs1,002.75 after the company said its board will meet to consider buyback of shares on 19 August.
Additionally, Investors in GMR Infra had a field day as the stock gained closed 13 percent higher after a Supreme Court ruled a case in its favour.
Hong Kong's Hang Seng Index slipped 0.30 percent by 3:09 p.m. HK/SIN as earnings reporting season continued.
The fact that Asian markets had picked up as US-North tensions ebbed over the weekend also influenced the markets. The apex court upheld an order by the Delhi High Court which allowed the company to use land at Delhi airport for non-aviation or commercial purposes. "Infosys buyback is a very good thing for other IT companies", said AK Prabhakar, head of research, IDBI Capital.
Manafort changes legal team as investigations expand
Manafort, a longtime Republican operative, had advised the party and its former leader Viktor Yanukovych for almost a decade. Manafort recently filed a foreign agent disclosure report for that consulting work, which ended in 2014.
White Sox at Red Sox
Nunez, acquired just last week from the San Francisco Giants , delivered his 10th RBI in six games and finished with two hits. Boston Herald photographer Matt Stone snapped a photo of Devers' home run ball as it landed in the Monster seats.
Huawei Mate 10 leaked renders reveal bezel-less display
We will continue to monitor the developments surrounding the launch of the new processor followed by the Mate 10 handset. Reports from earlier this week suggested that the upcoming Huawei Mate 10 could possibly be launched on 16th October.