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Nifty April futures trade at modest premium
16 April 2018, 09:25 | Dale Webster
Sensex stages recovery after falling 300 points in early trade
The flagship Sensex during the session swung both ways -nearly 408 points - on hectic selling and buying activity by participants. Inflation based on wholesale prices eased marginally to 2.47 per cent in March on cheaper food articles, especially pulses and vegetables.
Besides, reflecting further improvement in the economic situation, industrial production grew by a healthy 7.1% in February while the key retail inflation slipped to a five-month low of 4.28% in March, official data showed on Thursday.
Sensex today: The benchmark indices pared all intraday losses to trade at day's high on Monday tracking mixed trend seen in Asian markets as relief US-led strikes on Syria looked unlikely to escalate was tempered by concerns at Russia's potential reaction to new sanctions from Washington.
The broader NSE Nifty too struggled before ending well above the 10,500-mark.
The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,944.73 points, traded at 34,147.31 points (12.58 p.m.) - down 45.34 points or 0.13 per cent from its previous session's close.
India's exports dipped by 0.66 per cent to United States dollars 29.11 billion in March, even as they increased by 9.78 per cent for the full 2017-18 fiscal.
Housing Development Finance Corp Ltd and HDFC Bank Ltd were the top contributors to the indexes with gains of 1.6 percent and 0.9 percent respectively. The NSE Nifty was trading lower by 84.25 points, or 0.80 per cent, at 10,396.35. Intra-day, it hovered between 10,396.35 and 10,540.15.
Shares of Infosys fell 3.86 per cent to Rs 1,123.90 less-than-expected FY19 revenue guidance.
USA's Hasay pulls out of Boston Marathon
On April 15, 2013, three people were killed and more than 260 injured when two bombs exploded near the finish line of the race. More recently Rupp has become only the second U.S. runner to break the hour mark for the half-marathon.
Beyoncé Wants Official Coachella Photos Only, Please
Beyonce headlining at Coachella 2018 gave an incredible performance and surprised the audience by reuniting with Destiny Child . She sang several songs from her album " Lemonade ", backed up by the band and surrounded by step dancers.