Mumbai

Sensex breaches 28,000-mark in early trade; Nifty at 8,363.65

Mumbai - The benchmark BSE Sensex breached 28,000-mark for the first time and the NSE Nifty hit a new peak of 8,363.65 in early trade on Wednesday on sustained fund inflows amidst optimism over encouraging corporate earnings.

Besides, falling global crude oil prices which dipped to its lowest closing point since October 2011 also influenced trading sentiments, brokers said.

The 30-share index flared up by 141.57 points, or 0.50 per cent, to hit a new peak of 28,001.95, surpassing previous intra-day record of 27,969.82 reached on Monday.

The gauge had shed 5.45 points in the previous session. Markets remained closed yesterday on account of "Muharram".

Sensex, Nifty at lifetime highs on capital inflows, global cues

Sensex NiftyMumbai: Markets on Monday hit new lifetime highs with the benchmark BSE Sensex rising to 27,969.82 and the NSE Nifty scaling another peak 8,350.60 in early trade today on sustained inflow of foreign funds.

Extending its record-run, the 30-share index spurted by another 103.99 points, or 0.37 percent, to quote at new lifetime high of 27,969.82 in early trade today, breaching its previous intra-day high of 27,894.32 touched on Friday.

The gauge had gained 1,112.93 points in the past four sessions.

Fadnavis takes over as first BJP CM of Maharashtra

Devendra FadnavisMumbai, Oct 31 : Bharatiya Janata Party (BJP) leader Devendra Fadnavis on Friday took oath as the Chief Minister of Maharashtra. He took the oath of office in Marathi in the presence of Prime Minister Narendra Modi and several other BJP stalwarts at a grand function in Wankhede Stadium here.

The 44-year-old Fadnavis, a four-term MLA from Nagpur, exchanged pleasantries with Maharashtra Governor C. Vidyasagar Rao after taking the oath of office. Fadnavis today became the first leader from the BJP to head the state government.

Sensex hits new record-high of 27,493.59; Nifty crosses 8,200

sensex upMumbai: The BSE Sensex and the NSE Nifty soared to hit new all-time highs of 27,493.59 and 8,214.65 points, respectively, in opening trade Friday on sustained fund inflows, driven by a slew of economic reforms announced by the government amidst optimism over strong corporate earnings.

Rising for the fourth straight day, the 30-share index flared up by 147.26 points, or 0.53 percent, to hit a new peak of 27,493.59.

The gauge had gained 593.43 points in previous three sessions to close at record-high yesterday at 27,346.33 in yesterday's session. It had also touched an intra-day lifetime high of 27,390.60 in the previous session.

Property prices likely to remain stable for next 6 mths: Survey

Mumbai - Even as the overall sentiment in the real estate sector has improved, buyers feel property prices across top 10 cities are likely to remain stable for the next six months, according to a recent survey.

The Housing Sentiment Index (HSI) assessed by IIM Bangalore and real estate portal Magicbricks home buyers across 10 cities -- Ahmedabad, Bangalore, Chennai, Delhi, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida and Pune -- suggests that real estate prices are likely to remain stable over the next six months.

Sensex extends rally; Nifty regains 8,100-mark

Mumbai - Continuing its winning streak for the third straight session, the benchmark BSE Sensex rose over 48 points and the NSE Nifty regained the 8,100-mark in Thursday morning trade on sustained buying in bluechip stocks amid a mixed trend in Asian markets.

Besides, covering-up of pending short positions by speculators on the last day of October series expiry in the derivatives segment, buoyed market sentiments.

The BSE 30-share barometer rose over 48.27 points, or 0.17 percent, to 27,146.44. The NSE Nifty also maintained its rising trend and regained the 8,100-mark for the first time since September 23 by gaining 12.10 points, or 0.14 percent, to trade at 8,102.55.

Sensex surges 150 pts in trade to regain 27,000-mark

Mumbai - The benchmark BSE Sensex regained the 27,000-mark by surging over 150 points in Wednesday morning trade on continued buying by participants amid good quarterly earnings and a firming trend overseas as investors await the outcome of the US Federal Reserve policy meeting.

Besides, covering-up of short positions by speculators ahead of monthly expiry in the derivatives segment, supported the rally.

The 30-share barometer regained the psychological 27,000-mark for the first time since September 23 by surging 150.26 points, or 0.56 percent, to 27,031.08 with all the sectoral indices, led by auto, realty and oil & gas, trading in positive zone with gains up to 0.97 percent.

Shah Rukh Khan celebrates success of recent film-based mobile game in Mumbai

Shah Rukh KhanMumbai, Oct 28 : Shah Rukh Khan and the star cast of his recently released film 'Happy New Year' celebrated the grand success of their movie -based mobile game on Monday in Mumbai.

Khan has joined hands with Vroovy to launch the official game, "Happy New Year: The Game", which is available on iOS, Android and also Facebook.

The official mobile game of ' Happy New Year' was out on Android and iOS last week and is a side scroller, action game with eight levels and six playable characters.

The entire star cast of the film was present at a news conference to promote the mobile game which encapsulates the essence of the film.

Fadvanis elected Maharashtra BJP legislature party chief unanimously

Devendra FadnavisMumbai, Oct 28 : Bharatiya Janata Party (BJP) MLAs on Tuesday unanimously chose Maharashtra BJP president Devendra Fadvanis as their leader, thus paving the way for him to be invited to be the next chief minister of the state.

Union Home Minister Rajnath Singh, who was the party's central observer, announced this decision after the meeting in Mumbai.

Earlier, both Fadnavis and Union Transport Minister Nitin Gadkari were in the ring for the post, but Gadkari had ruled himself out after a meeting with top RSS leaders in Nagpur last week.

Sensex recovers 81 points in morning trade

Mumbai - The benchmark BSE Sensex staged a comeback by rising over 81 points in Tuesday morning trade on selective buying by foreign funds and investors amid a mixed global cues.

The 30-share barometer, which had lost 98.15 points in the previous session, recovered 81.43 points, or 0.30 percent, to 26,834.33 with the sectoral indices led by capital goods, banking, healthcare and realty were trading in positive zone with gains up to 0.52 percent.

Also, the National Stock Exchange index Nifty, regained the 8,000-mark by rising 20.60 points, or 0.26 percent, to 8,012.30.

DLF shares slump 8% on Haryana probe concerns

dlfMumbai: Shares of realty giant DLF slumped nearly eight percent Monday on concerns that the company may face probe by the new government in Haryana.

The fall in DLF shares, to as low as Rs 109.80 in morning trade at the BSE, follows a major plunge of 28 percent in a single day earlier this month after a SEBI order barred the company and six others from accessing the capital markets for three years.

The SEBI order has been challenged by DLF before the Securities Appellate Tribunal which would next hear the case on October 30.

Amitabh Bachchan looking forward to shooting 'Piku' in Kolkata

Amitabh BachchanMumbai: Megastar Amitabh Bachchan is excited to visit Kolkata for the second shooting schedule of director Shoojit Sircar's 'next- 'Piku'.

The 72-year-old actor started his career as a executive in a company in the city and has shot many films in Kolkata throughout his career.

"I see some cut and edited scenes from 'Piku' with Shoojit as we discuss the next schedule in Kolkata, Delhi and Gujarat, a longish outdoor. Kolkata shall bring back old memories of my seven year stint as an executive in a Company .. It shall bring back the films shot there

Sensex up 49 pts in trade on fund inflows, reform hopes

Sensex upMumbai: Rising for the sixth consecutive session, the benchmark BSE Sensex gained over 49 points in Monday morning trade on sustained foreign capital inflows amidst hopes of more reforms by the government.

The 30-share index, which had gained over 851.71 points in the previous five sessions after the government announced reforms in oil & gas and coal sectors, rose by 49.33 points, or 0.18 percent, to 26,900.38 with power, PSU, capital goods, healthcare and banking stocks leading the rise.

The NSE Nifty also edged higher by 19.30 points, or 0.24 percent, to 8,033.85.

Stock markets remained closed on Friday on account of "Balipratipada".

APAI questions 'non-existent' low fares offered by airlines

Mumbai - Apex air travellers body, Air Passengers Association of India (APAI) on Sunday questioned the frequent "special fare" offers by domestic carriers and termed them as "non-existent", even as it urged the DGCA not to allow such schemes.

The association, in a communication to the Directorate General of Civil Aviation, also sought to know as to what action the regulator intends to take against the carriers on the issue.

"We strongly believe that the DGCA must put an end to this practice of offering ridiculously low fares which are non-existent and are not really available to the passenger," APAI President D Sidhakara Reddy said in his communication to DGCA Prabhat Kumar.

Sensex up 212 points on last trading session of the Samvat Year 2070

Mumbai - The benchmark BSE Sensex today rose over 212 points in early trade on the last trading session of the Samvat Year 2070, extending gains for the fourth straight day on increased capital inflows amid the government announcing a slew of economic reforms.

Further, a firming trend in global markets also buoyed trading sentiments.

The 30-share index surged by 212.76 points, or 0.80 percent, to 26,788.41 with auto, capital goods, healthcare, power and metal sector stocks leading the rally.

The Sensex had gained 576.31 points in the last three sessions.

Uddhav Thackeray chosen as Shiv Sena parliamentary board chief

Uddhav ThackerayMumbai, Oct 20 : Shiv Sena supremo Uddhav Thackeray was chosen as the chief of his party's parliamentary board at a meeting held here on Monday.

"All MLAs who won met today. It was a thanks giving and a welcome meeting and a resolution was passed where Uddhavji was chosen as parliamentary board chief," said Shiv Sena leader Anil Desai .

He further said that the Shiv Sena chief would take the call if any proposal was put forward regarding the government formation in Maharashtra.

"However, we do not want to comment on anything else right now as it would not be right," he said.

Sensex surges 392 points on oil & gas reforms, BJP's stellar show

Mumbai - The benchmark BSE Sensex spurted by over 392 points in opening trade on Monday on a rally by oil & gas and PSU stocks after the government on Saturday deregulated diesel prices and BJP stormed to power in Haryana and is all set to form government in Maharashtra.

Besides, a firming trend at other Asian markets following weekend sharp gains in US on the back of upbeat earnings, buoyed the sentiments here.

The 30-share Sensex zoomed by 392.51 points, or 1.50 percent, to trade at 26,501.04. The gauge had gained 109.19 points in Friday's trade.

All the sectoral indices, led by PSU and oil & gas, were trading in the positive territory with gains up to 2.83 percent.

Rupee gains 25 paise to 61.19 against dollar in early trade

Mumbai - The rupee strengthened by 25 paise to 61.19 against the dollar in early trade at the Interbank Foreign Exchange today on increased selling of the US currency by exporters and banks amidst oil and gas reforms announced by the government.

Forex dealers said besides increased selling of the American currency by exporters and banks, a higher opening of the domestic equity market also supported the rupee but the dollar's strength against other currencies overseas on upbeat data and earnings, limited the rise.

In a major reform push, the government had on Saturday deregulated diesel prices.

'Bigg Boss' has made me a household name: Andy

VJ AndyMumbai: VJ Andy says his stint on 'Bigg Boss' season 7 has given his career a major boost and made him a household name now. The 34-year-old anchor, who has returned to TV with season 3 of his dating reality show 'Dare to Date', feels his fan base is no more restricted to youth because people of all ages liked his friendly and funny personality in 'Bigg Boss 7'.

Sensex rebounds 71 points in early trade on global cues

Sensex reboundsMumbai: After two sessions of losses, the benchmark BSE Sensex recovered by over 71 points to regain the 26,000-mark in early trade on Friday on emergence of buying by funds and retail investors amid a firming trend in other Asian markets.

Besides, encouraging earnings reported by Hero MotoCorp also influenced market sentiments.

The 30-share index, which had lost 384.73 points in the previous two sessions, rebounded by 71.37 points, or 0.27 per cent, to 26,070.71, with FMCG, power, capital goods and healthcare stocks, leading the recovery.

Also, the National Stock Exchange index Nifty edged higher by 13.40 points, or 0.17 per cent, to 7,761.60.




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