Sensex, Nifty scale new peaks, end at lifetime highs on sustained buying

Sensex Nifty touch new high Infosys Kotak Mahindra Bank in focus today

Sensex Nifty touch new high Infosys Kotak Mahindra Bank in focus today

According to market observers, optimism over the ongoing corporate earnings season, along with positive global cues and buying support from oil and gas, banking and capital goods stocks, helped the key indices to recoup the losses.

The BSE Sensex gained 88.90 points to end at 34,592.39, while the broader NSE Nifty finished at 10,681.25, up 30.05 points.

During early morning trade, the Sensex - which opened at a fresh high of 34,578.99 points - scaled a fresh intra-day high of 34,638.42 points.

The broader NSE index was up 0.27 percent at 10,679.55 as of 0630 GMT, after rising as much as 0.37 percent to a record 10,690.25.

Notable losers were TCS 1.27 per cent, Bharti Airtel 0.82 per cent and Wipro 0.45 per cent. During the week, the Sensex gained 438.54 points, or 1.28 per cent, while the Nifty rose 122.40 points, or 1.15 per cent.

TCS shares fell 2 per cent intraday after the company had yesterday reported 3.6 per cent fall in net profit for the December quarter. In an unprecedented move, Justice Chelameswar and three other senior judges today held a press conference on various issues relating to the apex court judiciary. The indexes hit record closing levels four times this week.

Notícias recomendadas

  • Chris Froome now  available for selection, say British Cycling

    Chris Froome now available for selection, say British Cycling

    Slevin, who will continue to be the retail giant's executive chair, replaces Jonathan Browning, who chose not to stand for re-election previous year .
    Southern EU countries pledge to improve common migration policy

    Southern EU countries pledge to improve common migration policy

    Between 90 and 100 migrants were missing after their makeshift boat sank off Libya, the country's navy said late on Tuesday. Seven Mediterranean countries are encouraging citizens to have their say on the European Union's future in coming months.
    Victory for Bundy family as standoff charges dismissed by court

    Victory for Bundy family as standoff charges dismissed by court

    Attorney Steven Myhre, for "intentional abdication of. responsibility", "flagrant misconduct" and "substantial prejudice". Navarro's ruling would block a future trial, but prosecutors could appeal the decision to the USA 9th Circuit.
  • WhatsApp libera função muito esperada por quem gosta de enviar áudios

    WhatsApp libera função muito esperada por quem gosta de enviar áudios

    Apesar da grande utilidade das novas ferramentas, por enquanto a novidade só está disponível para a atualização 2.18.10 do iOS . Caso esteja tudo certo, é só enviar o áudio ou, se for o caso, complementar com outra mensagem de voz .
    Zimbabwe president to visit Angola Friday

    Zimbabwe president to visit Angola Friday

    Mrs Mugabe was personally capped by her husband and then-president Robert Mugabe , who was also the chancellor of the University of Zimbabwe.
    Radiohead publisher denies suing Lana Del Rey over 'Creep' plagiarism

    Radiohead publisher denies suing Lana Del Rey over 'Creep' plagiarism

    The publisher's request that "all writers of "Creep" be acknowledged in the " Get Free " credits is significant. That's despite Lana Del Rey taking to Twitter earlier this week to announce details of the alleged lawsuit.
  • The Official Trust Trailer Is Here!

    The Official Trust Trailer Is Here!

    Pink Floyd's "Money" helps set the tone for the trailer to FX's upcoming dramatic series, Trust . The show tells the story of the kidnapping of John Paul Getty III.
    Rui Vitória sobre Conceição:

    Rui Vitória sobre Conceição: "Eu faltei ao respeito a alguém?"

    Em contraponto, Rui Vitória foi questionado sobre os elogios de que foi alvo por parte de Abel Ferreira, técnico do Sp. Mas eu faltei ao respeito a alguém? Nunca ultrapassei os limites e não aceito ser metido dentro do mesmo saco.

    FedEx (FDX) Earns "Outperform" Rating from Cowen

    TC Pipelines had 24 analyst reports since July 22, 2015 according to SRatingsIntel. (NASDAQ:AMRS) rating on Friday, August 11. It has underperformed by 8.37% the S&P500.The move comes after 5 months positive chart setup for the $135.62 million company.
  • Alabama DL coach Karl Dunbar's playbook was stolen from his backpack

    Alabama DL coach Karl Dunbar's playbook was stolen from his backpack

    Right away everyone assumed this man is a Georgia fan, although the alleged theft didn't seem to have an impact on the field. Dunbar's backpack had his playbook, passport, two cell phones, a laptop and cash when it was stolen on Saturday.
    'Significant' Activity Spotted At North Korea's Nuclear-Testing Site

    'Significant' Activity Spotted At North Korea's Nuclear-Testing Site

    And the images show no new spoil has been added to the site, but presence and movement of equipment has significantly increased. McKenzie Jr. about the decision to deploy the bombers to Guam. "I think you people are surprised".

    Alibaba Group Holding Limited (NYSE: BABA)

    Connor Clark Lunn Investment Management Limited holds 0.12% of its portfolio in Visa Inc. (NYSE:CFG) for 1.31 million shares. Miura Global Management Llc decreased Alibaba Group Hldg Ltd ( BABA ) stake by 47.83% reported in 2017Q3 SEC filing.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.