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Bank stocks power Sensex, Nifty higher
08 December 2017, 09:17 | Regina Holmes
Bears lose grip as value-buying lifts Sensex 352 points
The central bank is widely expected to keep policy rates unchanged tomorrow and will stay focused on controlling inflation, experts said. Participants sensed value-buying opportunities after the equities' recent lacklustre run, making stock valuations attractive, according to market participants.
On the NSE market breadth, the Nifty50 provisionally closed (at 3.30 p.m.) higher by 122.60 points or 1.22 per cent at 10,166.70 points. It was followed by Urja Global (3.01 million), Unitech (1.81 million) and SRS (1.52 million).
The Reserve Bank's two-day monetary policy review kicked off on Tuesday.
Prominent gainers included Tata Motors, Bharti Airtel, Adani Ports, ICICI Bank, Axis Bank, Maruti Suzuki, ONGC, HDFC Bank, HDFC Ltd, Bajaj Auto, Wipro, TCS, Cipla and SBI, gaining up to 1.68 percent.
Key Indian equity indices on Thursday surged with appreciable gains led by robust buying in auto, consumer durables and capital goods stocks. Friday's rally has so far been structurally similar to that of Thursday's with the metal and PSU bank stocks gaining the most.
Mario + Rabbids Kingdom Battle gets a new free versus mode
All eight characters will be available for players to choose from; they'll be the "beefy upgraded versions", Ubisoft explains. Those actions aren't per character - you have three total, meaning in some cases you may only use one hero per turn.
Davidse leads with 63 at broom-and-fork Joburg Open
Title favourite and former British Open victor Louis Oosthuizen of South Africa withdrew after a freak eve-of-tournament accident. Ticket prices are R80 per day for Thursday and Friday and R100 for Saturday and Sunday or R180 for the four days.
India Granted Membership of Wassenaar Arrangement
Jaishankar, and Secretary (Economic Relations) Vijay Gokhale, who is now the Sherpa for the BRICS grouping as well. In June previous year , India joined the Missile Technology Control Regime (MTCR) as a full member.