You are here: Home >> English News & Features >> BUSINESS & ECONOMY

Sensex, Nifty hit fresh highs on earnings hopes

DNMUM392641 | 7/18/2017 | Author : DNA Money Correspondent | WC :188

Mumbai : Dalal Street closed Monday’s session in the green on renewed strength of the benchmark indices on optimism about corporate earnings.
While the BSE Sensex closed at a fresh high of 32074.78, after jumping 54.03 points, or 0.17%, Nifty closed over the 9900 level for the first time at 9915.95, after inching up 29.60 points, or 0.30%.
Investors’ optimism about encouraging first quarter earnings report by blue-chip companies in the days ahead, clubbed with smooth sailing of monsoon, led the gains.
Wipro emerged as the biggest gainer rising 3.12% ahead of its Board meeting to discuss buyback of shares while Infosys was up 1.37%. Adani Ports, ICICI Bank, Cipla, Hindustan Unilever and Reliance Industries were among other
Read full story

Copyright restricted. Under license from   
Add To Lightbox
Calculate Price


Liquidity woes weigh on indices
DNMUM397074 | 9/22/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :188

Mumbai: Indian markets displayed weakness on Thursday as bears took charge in the final trading hour after US Federal
Reserve (Fed) said it will wind down the stimulus signalling a rate hike this year. While the BSE Sensex fell 30.47 points, or 0
Add To LightboxCalculate Price

Tips to help you pick the right home cover
DNMUM397075 | 9/22/2017 12:00:00 AM | Author : Parag Gupta | WC :790

For most Indians, our homes are our biggest asset. It’s a place that gives us comfort, peace and security. But how many of us have insured it? With the news of flooding from various parts of the country, there is a renewed focus on
Add To LightboxCalculate Price

Hotel room prices to rise up to 20%
DNMUM397087 | 9/22/2017 12:00:00 AM | Author : Ashish K Tiwari | WC :273

Mumbai: Hotel rooms rates are getting dearer by up to 20% as Indian hospitality industry enters the business season in the coming three months. The extent of hike, however, will differ across hotel companies depending on location, brands and customer
Add To LightboxCalculate Price

SBI steps into Usha Martin promoters’ dispute in NCLT
DNMUM397088 | 9/22/2017 12:00:00 AM | Author : Sumit Moitra | WC :520

Kolkata: State Bank of India (SBI) has gone aggressive in recovering its dues from the troubled steel-wire rope leader Usha Martin Ltd. After forcing chairman Prashant Jhawar to resign in April for not executing loan covenants, the bank has now force
Add To LightboxCalculate Price