Economy

Sensex mimics global markets, rises 600 points

Sensex mimics global markets, rises 600 points

On BSE, 1,370 shares advanced and 1,344 shares declined.

All but three stocks closed lower on the Nifty 50 index, with Bharti Airtel Ltd and ITC Ltd among the top percentage gainers.

The government will announce inflation data based on consumer price index (CPI) and industrial production data after market hours today.

L'Ue agli Usa: "Escludeteci dai dazi". Ma Trump: "Necessari per sicurezza nazionale"
Come aveva sottolineato Mario Draghi qualche giorno fa, con non poca ironia, Trump sembra non distinguere piĆ¹ "amici e nemici" nella questione dei dazi.

Indian equity benchmark BSE Sensex surged over 400 points in afternoon trade, and the NSE Nifty reclaimed the 10,300-level on fresh capital inflows by foreign funds ahead of key IIP and inflation data to be released after market hours on Monday. The BSE Small-Cap index rose 0.56%.

A relief rally swept across Asian share markets on Monday after the latest United States jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes, a neat feat that whetted risk appetites globally.

"After 10 per cent correction from the all-time high levels surrounded by whole host of negatives, Indian markets had phenomenal day with frontline indices rallying almost two per cent offering much needed cheer and relief to the investors". A total of 186 shares were unchanged.

Patriots Acquire Danny Shelton In Trade With Browns
The New England Patriots quickly addressed their need at defensive tackle by replacing Alan Branch on their defensive front. A first-round pick in 2015, the 6-foot-2, 335-pound Shelton has started all but three games in his three-year career.

All the sectoral indices, led by telecom, FMCG, IT, metals and oil & gas, were trading in the green, with gains of up to 1.75% at 2.00 pm.

Asian stocks from Tokyo to Sydney gained as trade war concerns took a backseat to economic optimism following a U.S. jobs report on Friday that showed that the American economy continued to strengthen without the prior month's rapid wage gains that stoked inflation fears.

At home, the GST council sent out a positive signal to the export community by deciding to extend the available tax exemptions on imported goods for a further six months beyond 31 March 2018, he said.

Miami Beach Revokes Business License for Mokai Lounge
A report from News4Jax sister station WLPG said horse stunts at clubs appear to be inspired by famous Studio 54 party. Aside from potentially breaching Miami Beach code, the act was viewed as potentially traumatic for the horse.


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