teknolojiarsivi.com
teknolojiarsivi.com December 15, 2017


India's Nifty reclaims 9900; Infosys climbs on buyback plan

18 August 2017, 12:30 | Vickie Mathis

BSE Sensex traded higher on Wednesday

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 BSE Sensex 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.

Mid- and small-cap indices closed mixed.


■ 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.

Shares of Coal India ended over 4 percent higher.



Other News

Trending Now

Maxine Waters Isn't Running For 'Anything Except The Impeachment of Trump'
Videos of Waters have gone viral on social media, including her insisting that she was " reclaiming my time " at a recent congressional hearing.

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.

Kylie Jenner's Lip-Smacking $420 Million Cosmetics Score
The mother of three replied by asking who the dad is, but she said she doesn't know and asked how people know before her. Kylie has confessed to having misleadingly plumping lip infusions from restorative dermatologist Dr.

Ronaldo mocks Barcelona fans with Messi celebration (spectacular fans footage)
We must continue like this. "What [Asensio] is doing does not surprise me", the Frenchman added. "What he does is phenomenal". Ronaldo came off the bench to score this brilliant victor in the 80th minute, only to then be sent off two minutes later.

Microsoft Bundles New Eye Tracking Tech with Latest Windows 10 Preview
Similarly, for typing the words, users would need to look at the keyboard, at the character and it would type for you. In September (possibly), Microsoft will release an update to Windows 10 dubbed Fall Creators Update .

Smugglers Throw Nearly 300 Refugees Into Yemen Sea
On this route, migrants are exposed to the dangers of Yemen's conflict, with some having been killed in the war. According to the rescue teams the average age of the drowned migrants was 16.

Maria Sharapova granted entry to US Open following doping suspension
The 2006 victor served her 15-month doping ban for a violation at the 2016 Australian Open and returned to tennis in late April . Initially, she was given a two-year ban by the International Tennis Federation, but it was reduced on appeal to 15 months.

Premier League clubs to discuss earlier transfer deadline
The Premier League is moving to adjust the summer transfer window so the deadline comes before the start of the season, according to multiple outlets.