World Media

Four reasons why Sensex hit record high in the opening bell

Four reasons why Sensex hit record high in the opening bell

Positive global cues and healthy buying in banking, IT and capital goods stocks pushed the Indian equity markets to fresh highs during the mid-afternoon trade session on Monday. Blue chip Tata Consultancy Services is also slated to reveal its first quarter results on July 13.

All sectoral indices led by technology, IT, realty, PSU, healthcare and bank were in the green, gaining up to 1.6 percent. Trading on the broader NSE Nifty was halted following a technical glitch. "A mixed trend at other Asian bourses following a rally on Wall Street on Friday on the back of forecast-busting United States jobs data cheered investors here", the report said.

Foreign doctors say sick Chinese dissident Liu can be taken overseas
He added that Liu had wanted to receive treatment in Germany or the USA , with hospitals in both countries willing to treat him. Police in plain clothes blocked a Reuters journalist from taking video of the hospital entrance.

Top five Sensex gainers were TCS (+2.91%), Lupin (+2.31%), Tata Motors (+2.19%), Bharti Airtel (+2.16%) and Wipro (+1.97%), while the major losers were ITC (-0.51%), HUL (-0.43%), Tata Steel (-0.23%) and HDFC (-0.14%). AU Small Finance Bank on Monday made a stock market debut at 52% premium after its initial public offering (IPO) subscribed almost 29 times last week.

■ 9.45am: Shriram Transport Finance Ltd fell 4.1%, Shriram City Union 4%, IDFC 3.7%, IDFC Bank 1.5%. Sensex rose as much as 235 points to an all-time high of 31,595.46, while the NSE benchmark Nifty surged above the 9,750 mark.

Wenger ready to break Arsenal transfer record again for Thomas Lemar
The Chilean only has a year left on his existing contract and has rejected previous offers by the Emirates board. Arsenal will demand £80million for Alexis Sanchez as Manchester City prepare to make the first official offer.

The Sensex of the BSE, which opened at 31,510.62 points, was trading at 31,497.12 points (at 9.16 a.m.), higher 136.49 points or 0.44 per cent from Friday's close at 31,360.63 points. Bond yields and prices move in opposite directions. The IT sub-index of Bombay Stock Exchange was up 1.42 per cent. TCS was the top gainer in the IT index, up almost 3 per cent. Infosys, Wipro, HCL Tech, Tech Mahindra also gained between 1.1-2.3 per cent pushing the benchmark indices higher. S&P 500 gained 0.64% to 2,425 on strong employment date.

Cancer patient from Pakistan seeks Swaraj's help for medical visa
Tanveer had to visit the Inderprastha Dental College and Hospital (IDCH) in Uttar Pradesh's Ghaziabad for her treatment. The woman, Faiza Tanveer, in several tweets over the past couple of days, urged Swaraj to intervene.


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