Sensex rises for 8th straight session; Nifty reclaims 10500

Infosys stock falls most on BSE NSE post Q4 earnings

The benchmark BSE Sensex was trading 50 points, or 0.15% lower on Monday morning, recovering from its sharp losses in opening trade which saw the gauge plunge by almost 300 points, amid weak Asian cues after a US-led strike on Syrian targets fuelled fresh geopolitical concerns.

The 30-share barometer fell by 293.31 points (0.85 percent) to 33899.34.

At 10am, Sensex was down 0.12% at 34,151.86 points, while the Nifty 50 edged down 0.14% to 10,466 points.

The index had risen 1,173.88 points in the past seven sessions. Pharma and FMCG sub-indices rallied the most gaining 1.56 per cent and 1.05 per cent respectively. At 14:04 am, Sensex was trading at 34,246, up 53.72 points, while the broader Nifty50 was ruling at 10,506, up 25.75 points. On the BSE, 853 stocks declined, 282 stocks rallied, while 57 stocks remained unchanged.

Celgene (CELG) Rating Reiterated by Morgan Stanley
This repurchase authorization permits the biopharmaceutical company to buy shares of its stock through open market purchases. The biopharmaceutical company reported $1.87 EPS for the quarter, topping the Zacks' consensus estimate of $1.78 by $0.09.

On the other hand, Tata Motors (4.96%), Infosys (3.10%), State Bank Of India (0.76%), Oil & Natural Gas Corporation (0.55%), Tata Steel (0.49%) and ICICI Bank (0.28%) were the major losers in the Sensex.

Foreign portfolio investors (FPIs) and foreign institutional investors (FIIs) sold shares worth Rs 1,487.82 crore during the week, as per Sebi's record including the provisional figure of April 13, 2018.

USA stocks fell last Friday as weakness in shares of banks and finance firms added to the political and trade tensions weighing on the market. The S&P BSE Mid-Cap index rose 81.19 points or 0.49 per cent to settle at 16,677.76.

The rupee closed higher by 6 paise at 65.20 in the previous session on Friday on the back of positive macroeconomic data and firm local equities.

Related News:

  • India to have 'normal' Monsoon this year, says IMD

    India to have 'normal' Monsoon this year, says IMD

    As per the local weather forecast, there is a possibility of rain, thunderstorm or dust-storm in various districts of the region. In a news that would bring cheer to the Indian economy, the IMD says the country would experience normal monsoon this year.
    Shutters Come Down On Woolworths Across Australia After Nationwide Glitch

    Shutters Come Down On Woolworths Across Australia After Nationwide Glitch

    Staff said every register in every store nation wide has shut down. "We apologise for any inconvenience caused". Social media posts indicate stores impacted locally include Walkerston and Caneland Central.

    France, Britain, US propose United Nations resolution on chemical weapon in Syria

    They say the strikes are punishment for killing dozens of people, many of them women and children, with banned toxic munitions. Prime Minister Justin Trudeau issued a statement condemning last week's attack on Douma in the "strongest possible terms".
  • Comey says it's possible Russians compromised Trump

    Comey says it's possible Russians compromised Trump

    But on Sunday, Comey described how he also used his core to steady himself against any attempts from Trump to pull him closer. In one highlight, Stephanopoulos said: "You write that President Trump is unethical, untethered to the truth".
    United Kingdom  to study options if Syria's Assad uses chemical weapons again

    United Kingdom to study options if Syria's Assad uses chemical weapons again

    Mrs May took the decision why MPs were on Easter recess from Parliament, which provoked Labour Party leader Jeremy Corbyn to criticise the Prime Minister.

    As Nxp Semiconductors Nv (NXPI) Shares Rose, Havens Advisors LLC Increased Stake

    Zacks Investment Research cut NXP Semiconductors from a buy rating to a hold rating in a report on Wednesday, December 13th. Coldstream Capital Management Inc, a Washington-based fund reported 9,505 shares. (NYSE:PFE) to report earnings on May, 1.
  • David Silva celebrates Premier League title triumph with son

    David Silva celebrates Premier League title triumph with son

    Manchester City are Premier League champions after Manchester United lost to West Bromwich Albion . I have seen many teams win it as champions for the whole season, and it's the first case for us.
    Mother Who Drove Family of 8 Off Cliff Was Drunk

    Mother Who Drove Family of 8 Off Cliff Was Drunk

    Sheriff deputies and the California Highway Patrol have been working since last week to locate and recover the vehicle. Sandeep, originally from Kerala, grew up in Surat city in Gujarat and settled down in the U.S. over 15 years ago.
    Ethorse (HORSE) hits new $-0.00513 price after -5.88% decline in 24 hours

    Ethorse (HORSE) hits new $-0.00513 price after -5.88% decline in 24 hours

    Investors seeking to acquire Ethereum using USA dollars directly can do so using Changelly, Gemini or Coinbase. The Reddit community for Ethereum is /r/ethereum and the currency's Github account can be viewed here.
  • The Walking Dead stars and showrunner address season finale fate

    The Walking Dead stars and showrunner address season finale fate

    The episode began with Rick holding hands with a young Carl as they walked toward the farm where the cows looked Carl in the eye. He is building a new world, and instead of killing Negan, he's going keep Negan alive in it, albeit with a major injury.
    Xiaomi's Black Shark gaming phone offers liquid cooling and a Gamepad

    Xiaomi's Black Shark gaming phone offers liquid cooling and a Gamepad

    On the front, there is a 20MP sensor with 1.0-micron pixel size, f/2.2 aperture for selfies and video calls. As an introductory offer, the first 50,000 buyers will be eligible to get the Shark Gamepad free of cost.
    Kennedy: Unanswered questions in Facebook privacy issue

    Kennedy: Unanswered questions in Facebook privacy issue

    The general strategy has been to charge for special features, so users feel like they're getting something extra for their money. Any violations of the 2011 agreement could subject Facebook to fines of $41,484 per violation per user per day.


Most liked

Pratyeka Hoda Sadhana Samithi demands special status for AP
However, the Centre has been assuring the people of Andhra Pradesh that it will do everything to help the cause of Andhra people. The Chief Minister made it clear that he will not compromise on securing interests of the state.

Nexus Investment Management INC Increased Its Cenovus Energy INC (CVE) Stake
TRADEMARK VIOLATION WARNING: This piece was originally reported by registrarjournal.com and is owned by of registrarjournal.com. The company reported C ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.12 by C ($0.55).

Air China Flight Diverted After Passenger Holds Flight Attendant Hostage
The Xiaoxiang Morning Herald quoted a passenger as saying that the problem was in first or business class. It identified the man only by his surname, Xu (徐), and said he was 41 and from Anhua County in Hunan.

Wholesale price inflation slows down to 2.47% in March
The Wholesale Price Index ( WPI )-based inflation came in at 2.47 per cent for March 2018, below market expectations. That compares to the Reserve Bank's quarterly projection of 0.6 per cent for an annual rise of 1.1 per cent.

Manchester City win Premier League title as rivals United lose
West Brom had the first chance in the 12th minute, Jake Livermore's low shot saved by a stretching De Gea. Hopefully [he will be back] for the last games, if we need him, and especially for the World Cup ".

Catawba Capital Management VA Has $6.98 Million Stake in Intel Co
Following the transaction, the chief executive officer now directly owns 259,082 shares in the company, valued at $11,808,957.56. Telemus Cap has invested 0.27% of its portfolio in Intel Corporation (NASDAQ:INTC). 7,016 are held by Integral Derivatives Lc.

Sony Xperia XZ2 Premium with 4K HDR display launched: Price, Specifications, features
Starting off with the design, Sony has tried to keep the design similar to the Xperia XZ2 that launched this year at MWC. Unlike the £699 Xperia XZ2, the XZ2 Premium has a dual-camera set-up on the back of the phone - a first for Sony.

Trump Campaign Raises $10.1 Million as Legal Matters Grow
Trump's campaign also paid $93,181 to Harder LLP, which specializes in entertainment law and reputation protection. That was a big increase over the last quarter of 2017, when the three committees together raised $12.5 million.

Rahul Gandhi On Three-Day Amethi Visit From Today
Similarly, Romi Sharma is also a Youth Congress president and vocal supporter of the manch. When the police was presenting before the court, he did not let them.

Don't Worry, You Have Extra Time to File Your Income Tax
You can go to your local tax preparer, submit it through an online tax preparer, or submit it through the IRS website . If you file by mail, as long as your return is postmarked before the deadline, it will be accepted.

Chemical attack could happen in USA 'if we're not smart': Nikki Haley
There was no immediate comment from the Treasury Department. And so I think everyone is going to feel it at this point. Carol Morello wrote this story .

Gracetown shark attack: Second surfer injured in South West
Hawaiian pro surfer John John Florence had a close encounter while surfing in the region in the lead up to the competition. There have been three fatal shark attacks in the area since 2004 , when Bradley Smith was fatally mauled by a great white.

Han Solo Has A Really Good Feeling About This
A new Solo TV spot is here, offering even more exciting footage of the highly-anticipated Star Wars Anthology film. Han Solo shows Chewie his hand of cards and Chewie shakes his head and lets out defeated gargle.

The President of France has confirmed the planned visit to Russian Federation
"We have full worldwide legitimacy in intervening in this case", Macron said. Mr Trump attended France's Bastille Day parade previous year .

Colon throwing flawless game vs. Astros through 7 innings
On his way from the mound to the dugout, the good-humored Colon gestured toward Reddick with a quick flick of his hand. Reddick then lined an 0-2 delivery down the right-field line, putting runners at second and third.