TCS cracks 5 percent and Sensex gets cautious on weak global cues

Must Read

Sanju Samson to replace Shikhar Dhawan in T20 series against WI

Sanju Samson will replace injured Indian opener Shikhar Dhawan in the T20s series against West Indies starting from next...

Supreme Court lashes out on Centre & Delhi govts for Rising Pollution

The Apex Court of the Country, the Supreme Court on Monday lashed the Central and State Government for their...

Harbhajan Singh wishes BCCI Prez Sourav Ganguly to change Selection Panel

The Indian off-spinner Harbhajan Singh on Monday urged Sourav Ganguly, President of BCCI (The Board of Control for Cricket...

Even after experiencing positive macroeconomic data and the appreciating value of rupee, the benchmark BSE Sensex has turned irregular due to indifferent signs from the overseas market. The 30-share barometer experienced a rise of 44.58 points i.e. 0.13 percent to 33,962.52 points. However, the gains were restricted by a weak trend seen in the Asian markets which were followed by a negative lead from Wall Street. The estimate was that of 610.80 points in the previous session which was also said to be the biggest single-day gain in the past 2 years.

The indices were highest in the sectors of consumer durables, realty, capital goods, PSU, oil & gas, healthcare, auto, and FMCG which were trading in green and went up to rise by 0.66 percent. The NSE index of Nifty went up by 19.65 points i.e. 0.18 percent to 10,441.05. The shares of TCS cracked up by 5 percent after 1.48 percent of its flagship in IT services was sold by the Tata Sons yesterday. Brokers said that buying expanded the industrial production by 7.5 percent in January after which the inflation rate went down by 4.4 percent in February.

Foreign Portfolio Investors have bought shares worth Rs. 374.65 Crore on a net basis, whereas shares worth Rs. 464.59 Crore were sold by the domestic institutional investors as per the provisional data. After a fall in the US stocks, most of the Asian stocks were trading at a lower price overseas as the focus turned towards the inflation report of US. Hong Kong’s Hang Seng went down by 0.16 percent in Asia, Japan’s Nikkei fell down by 0.16 percent and the index of Shanghai Composite Index of China went down by 0.17 percent. The US Dow Jones Industrial Average closed out at 0.62 percent lower in the trade yesterday.

- Advertisement -

Latest News

Unnao rape victim, burnt alive by 5 men, dies in Safdarjung hospital

Rape victim from Uttar Pradesh's unnao, who was burnt alive by 5 men and was airlifted to Delhi yesterday,...

Sanjivani episode 85 written update, December 6: Sid learns the truth about Asha’s pregnancy

The recent episode of Sanjivani begins as Dr. Ishani tells Dr. Sid that they can't be together because he's still married to Dr. Asha....

Weekend watchlist: Films and shows that are releasing today

The Weekend is here!  To enjoy the end of December’s first week, here is a list of new films and television series that are releasing...

Kasautii Zindagii Kay episode 318 written update, December 6: Prerna tells her decision to Mohini to stay with Anurag

The recent episode of Kasautti Zindagii Kay opens with Mohini and Veena still fighting about Anurag and Prerna. Veena asserts that Prerna is bearing...

Pati, Patni Aur Woh movie review: Bhumi Pednekar shines in a confused comedy about marriage and infidelity

The movie revealed its true intentions and its lesson: Men will always be men Cast: Kartik Aaryan, Ananya Panday, Bhumi Pednekar, Aparshakti Khurana Director: Mudassar Aziz Rating:...
- Advertisement -

More Articles Like This