Indian Air Force
Indian stock markets touch new heights for 2nd day
The Sensex of BSE on Tuesday touched a record high of 62,877.73 points after opening at 62,362.08 points and touched a low of 62,362.08 points during the day. The Sensex closed at 62,681.84 points, up by 177.04 points. On Monday, the Sensex had closed at 62,504.80 points after hitting an all time high of 62,701.40 points.
Sensex touches record high at 62,272; Nifty nears 18,500
The BSE Sensex closed at an all-time high of 62,272.68 points, up 762.10 points or 1.24 per cent, on Thursday. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, said Indian equities had a stupendous day on the monthly F&O expiry with key benchmark indices touching record levels.
'US market impact for Sensex to cross 60K'
"The ongoing rally which has taken the Sensex above 60,000 has been triggered mainly by the rally in the mother market US where the Dow has recorded four straight weeks of gains," Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.
US market impact for Sensex to cross 60K'
"The ongoing rally which has taken the Sensex above 60,000 has been triggered mainly by the rally in the mother market US where the Dow has recorded four straight weeks of gains," Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.
C-295 aircraft facility big step to become truly 'Aatmanirbhar': N. Chandrasekaran
Speaking on the occasion, TATA Sons Chairman N. Chandrasekaran said, "With the setting up of the Final Assembly Line (FAL) in Vadodara, the Tata Group will now be able to take aluminum ingots at one end of the value stream and turn it into am Airbus C295 aircraft for the Indian Air Force. This is a historic moment not only for the Tata Group, but for the entire country, as it embraces the Prime Minister's vision of being truly 'Aatmanirbhar'."
Markets to continue with upward momentum
BSESNESEX gained 652.70 points or 1.10% to close at 59,959.85 points while NIFTY gained 210.50 points or 1.20 per cent to close at 17,786.80 points. The broader market saw BSE100, BSE200 and BSE500 gain 1.17 per cent, 1.12 per cent and 1.05 per cent respectively. BSEMIDCAP was up 0.98 per cent and BSESMALLCAP was up 0.43 per cent. The Indian Rupee gained 21 paisa or 0.25 per cent to close at Rs 82.47.
NHAI InvIT Non-Convertible Debentures listed on BSE
Union Minister of Road Transport and Highway Nitin Gadkari on Friday said, "Today is a historic day and I feel very happy that we could finally give the Retail Investors (retired citizens, salaried individuals, small and medium business owners) an opportunity to participate in the Nation-Building activity. The minimum investment slab is just Rs 10,000." Gadkari informed that 25 per cent of NCDs has been reserved for Retail Investors.
Markets to gain after initial setback
At the end of the week, BSESENSEX gained 764.34 points or 1.33 per cent to close at 58,191.29 points while NIFTY gained 220.30 points or 1.29 per cent to close at 17,314.65 points. The broader indices saw BSE100, BSE200 and BSE500 gain 1.22 per cent, 1.28 per cent and 1.37 per cent respectively. BSEMIDCAP gained 2.14 per cent while BSESMALLCAP gained 2.57 per cent. Markets gained on two of the four trading sessions and lost on the remaining two.
British pound plunges to all-time low against USD
During early Asia trade on Monday morning, the pound fell by more than 4 per cent to $1.0327 before regaining some ground to around $1.05, said the BBC report. Monday's slump came just two days after the British currency fell to a fresh 37-year low against the US dollar as investors worried that large-scale tax cuts announced by the government would bring much fiscal uncertainty.
Rupee ends 24 paise down at 79.80 against US dollar
"Rupee traded in mixed range in the week between 79.25-79.95 closing the week on a flat but broadly weak note, as dollar index and FII's selling pressure added resistance to rupee whereas Crude price fall and domestic sector performance along with banks positive momentum gave support to the rupee," said Jateen Trivedi, VP Research Analyst at LKP Securities.
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