Published: Wed, May 09, 2018
Global News | By Stacy Ballard

Market Now: Sensex, Nifty lacklutre; these stocks crack over 5% on NSE

Market Now: Sensex, Nifty lacklutre; these stocks crack over 5% on NSE

It finally settled 8.18 points or 0.02 per cent higher at 35,216.32.

Equities have begun the day on a lower note, with the Sensex shedding around 50 points, while the Nifty held 10,700 in the opening tick.

Back home, the 50-share NSE Nifty closed at 10,717.80, marginally up 2.30 points, or 0.02 per cent, the Nifty hit a high of 10,758.55 and a low of 10,689.40 during the day. At 9:18 am, Sensex was trading at 35,198, down 18.24 points, while Nifty50 was ruling at 10,693, down 24.45 points. Find us on Facebook too!

Australia confirm India won't play Day-Night Test
A further three Tests against India will follow, in Perth (Dec 14-18), Melbourne (Dec 26-30) and Sydney (Jan 3-7). In contrast, Sri Lanka happily agreed to play the Aussies in a day-night Test at the Gabba later in January.

In the broader market, the BSE Midcap slipped 0.3 per cent, while the BSE Smallcap lost 0.1 per cent. Market breadth, indicating the overall health of the market turned negative. "Continued outflow of foreign money will keep rupee on tenterhook while increasing GST collection and RBIs open market operation may soften the volatility".

Mahindra and Mahindra, ICICI Bank and GAIL were top gainers, while Coal India, Dr Reddy's and Lupin incurred maximum losses.

The laggards were ICICI Bank, HDFC, SBI, Axis Bank, Bharti Airtel and Adani Ports, falling up to 1.46 per cent. It closed at 35,208.14 points - up 292.76 points or 0.84 per cent - from its previous session's close.

Software error led to fatal crash with pedestrian, report says
According to a report from The Information , the blame for the unfortunate accident might lie squarely on Uber's shoulders. The outlet said the car's sensors detected the pedestrian but the software decided it did not need to react right away.

In the domestic market, on Friday, investors bought shares worth a net Rs 1,084.09 crore, while foreign portfolio investors sold shares worth Rs 1,628.23 crore, according to provisional data.

TCS rose 0.86 percent, Infosys 0.59 percent, and Wipro 0.06 percent.

Besides, investors were concerned over a further rise in worldwide crude oil prices as a result of USA moving away from the 2015 Iran Nuclear Deal. Japan's Nikkei fell 0.43%.

Cardiff return to Premier League but Barnsley, Burton go down
Derby County wrapped up the final play-off berth in comprehensive fashion, recording a 4-1 win that relegated opponents Barnsley . Cardiff City owner Vincent Tan has revealed that he wants to "follow the formula" that Burnley have used in the Premier League .

Like this: