Sensex surges 352 points on all-round buying

Tata Motors global sales up 22% in November

Indian shares posted strong gains for the second consecutive session on Friday amid strong global cues after the U.S. Congress passed a stopgap spending bill to keep the government funded until December 22 and the United Kingdom and the European Union struck a deal to unlock divorce negotiations, capping months of tortuous negotiations.

Similarly, the broader NSE Nifty soared 122.60 points, or 1.22 per cent, to close at 10166.70 after hovering between 10061.90 and 10182.65.

The 30-share index was trading higher by 246.04 points or 0.75 per cent at 33,195.25 at 1100 hrs. While the Sensex rose 188 points to 33,137, Nifty was up 63 points to 10,229 level. Participants sensed value-buying opportunities after the equities' recent lacklustre run, making stock valuations attractive, according to market participants.

"The buying momentum in Indian markets was given a boost by hopes that the ruling BJP would win the critical state elections in Gujarat, which would lay the groundwork for the general elections in 2019".

All the BSE sectoral indices led by Telecom (+4.8%), consumer durables (+2.49%), capital goods (+2.1%), power (+2.1%), Realty (+2.06%), Auto (+1.9%), metal (+1.8%) and oil and gas (+1.17%), were trading in the green.

What does Mario Cristobal promotion mean for Ducks?
In this September 26, 2017, photo, OR offensive coordinator Mario Cristobal gestures during practice in Eugene, Ore. Cristobal won Recruiter of the Year in 2015 but I'm not sure how hard it is to recruit to Alabama.

Out of 1,582 stocks traded on the NSE, 940 advanced, 593 declined and 49 remained unchanged today.

Domestic institutional investors (DIIs) were net buyers as they bought shares worth Rs 926.68 crore yesterday while foreign portfolio investors (FPIs) offloaded equities amounting to Rs 1,075.62 crore, provisional data showed.

Major gainers were Maruti 2.27 per cent, Bharti Airtel 2.09 per cent, Tata Motors 2.03 per cent, Tata Steel 1.96 per cent and ONGC 1.72 per cent. In contrast, Hero MotoCorp, SBI, Reliance Industries, TCS, Asian Paint and Dr. Reddy's succumbed to profit-booking.

In the Asian region, Japan's Nikkei rose 1.39 percent, Hong Kong's Hang Seng gained 1.19 percent, while Shanghai Composite Index gained 0.55 percent. London's Financial Times Stock Exchange too was up 0.24%.

Related News:

  • Huawei Nova 2s unboxing and hands-on video leaked online before release

    Huawei Nova 2s unboxing and hands-on video leaked online before release

    The smartphone is backed up by a 3,340mAh battery and it will run Android 8.0 Oreo operating system with EMUI 8.0 on top. The connectivity features include 4G LTE, WiFi 802.11ac, Bluetooth 4.2, GPS / Glonass, NFC and USB Type-C.
    YouTube to launch a music streaming service in March...again

    YouTube to launch a music streaming service in March...again

    With Google seemingly moving forward with its plan to launch a new music streaming service, it could hit two birds with one stone. YouTube has finally made up their mind and they're going to compete with other music services like Spotify and Apple .
    Scientists Think They Found a 'Super Earth' Outside Our Solar System

    Scientists Think They Found a 'Super Earth' Outside Our Solar System

    The second planet is about the same size as its sister, but orbits closer to the star, likely making it too hot to be livable. The analysis of the radial velocity measurements also helped them discover another planet revolving around K2-18.
  • Democrats' Threat To Shut Down Government Over DACA May Backfire

    Democrats' Threat To Shut Down Government Over DACA May Backfire

    Today, almost half of her fortune is spent on this work, which includes deporting people like me from the only country we have ever known.
    James Cameron's 'Alita: Battle Angel' stars creepy CG anime eyes

    James Cameron's 'Alita: Battle Angel' stars creepy CG anime eyes

    The material the film is based on has Alita as a young, attractive, very female looking woman. She has no memory of who of what she is, and Ido wants it to stay that way.
    Shohei Ohtani to sign with the Los Angeles Angels

    Shohei Ohtani to sign with the Los Angeles Angels

    Besides, Ohtani hasn't played the outfield regularly in three years, and pitching and hitting would be a lot to ask of his legs. The move gives the Mariners $2.55 million available to give the highly coveted Ohtani, while the Angels now have $2.315 million.
  • Skirball Fire burns 150 acres near Getty Museum

    Skirball Fire burns 150 acres near Getty Museum

    Commanders hoped to have them back in the air on Wednesday morning, but all indications are the winds will be whipping then too. More than 350 firefighters were deployed to the scene along with 52 fire engines and six aircraft, officials said.
    US B-1B bombers to fly over Korea in joint exercise

    US B-1B bombers to fly over Korea in joint exercise

    A pair of B-1Bs were deployed to South Korea in early November days ahead of President Donald Trump's regional trip. McMaster said at the weekend that the possibility of war with North Korea was "increasing every day".
    Salvation Army kettles raise $15400 so far

    Salvation Army kettles raise $15400 so far

    Fellow Salvation Army volunteer Terry Kettle has been a member for over 30 years and also pitches in to help out every year. Angels can be picked up at Patrick Henry Mall across from the Aeropostale store or local Walmarts.
  • Mueller Says He'll Provide Manafort With 2000 'Hot' Documents

    Mueller Says He'll Provide Manafort With 2000 'Hot' Documents

    The lawyers also argued that the government's broad interpretation of the gag order "would unconstitutionally violate Mr. Kilimnik appears to be the person prosecutors referred to as "assessed to have ties" to Russian intelligence.
    Stanton In Pinstripes? Slugger Narrows List To Four Teams, Including Yankees

    Stanton In Pinstripes? Slugger Narrows List To Four Teams, Including Yankees

    If they were to trade Fowler, they'd expect the same in such a deal - they'd pay only a small part of it. Considering all their issues, including their obvious tax issue, there's no other way they do it.
    Jobless rate for Latinos drops to a record low

    Jobless rate for Latinos drops to a record low

    The data for demographic groups came from a survey of households that is part of the Labor Department's monthly jobs report. Average weekly hours on the other hand ticked higher, from 34.4 in the previous month to 34.5 (consensus: 34.4).


Most liked

NHL Allows Seattle to Apply for Expansion Team
The NHL Board of Governors, meeting in Florida on Thursday, voted to accept an application for an expansion team in Seattle . Bettman said the process of setting up a team in Seattle would be similar to what happened for Las Vegas, according to K5.

Bayonetta 3 will be a Switch exclusive, Nintendo reveals
In the teaser, she was also attacked by a purple ghost-like creature which apparently makes Bayonetta disappear. To recall, the first instalment of Bayonetta launched back in 2009 for PlayStation 3, Xbox 360, and PC.

Apple reportedly close to buying Shazam for about $400 million
A lot of SHAZAM's offerings dovetails with what APPLE is already working on already. Sources say the companies will announce the acquisition on Monday, December 11.

YouTuber Cements A Microwave To His Head For A Prank
Naturally, the whole unfortunate episode was filmed for their YouTube channel, TGFbro, which has 3m subscribers. The man's friends told authorities they had already been trying to free him for 90 minutes before they arrived.

CNN's Big Scoop on Don Jr. - Wikileaks Email Collapses In Real Time
The centrality of time stamps to scandal coverage is a theme of recent major-media screw-ups on the Trump-Russia conflagration. But the biggest piece of the story, that Trump Jr. knew about the documents before others did, turned out to be false.

InterOcean Capital LLC Has $8.83 Million Holdings in Occidental Petroleum Corporation (OXY)
In recent trading day Occidental Petroleum Corporation (OXY ) stock showed the move of 0.20% with the closing price of $69.41. The oil and gas segment explores for, develops and produces oil and condensate, natural gas liquids (NGLs) and natural gas.

Donald Trump Jr grilled in Russian probe
In a statement to the Senate Judiciary Committee in September, Trump Jr said the meeting was less than half and hour long. This is silly. "Attorney-client privilege" shields conversations between attorneys and clients.

Google Lets you Ask Questions From your Favorite Celebs About Them
Google says that the feature is initially being piloted on mobile with a handful of celebrities for now. Ferrell himself will now provide the answer via a selfie video, all within Google Search.

Roy Moore Accuser Admits Altering Yearbook Note
Despite the allegations, Moore has continued to run for office, with support from Republicans, including President Donald Trump . Citing a handwriting expert retained by the campaign, he said that the signature had been forged from court documents.

PlayerUnknown's Battlegrounds Reveals First Gameplay of Desert Map Miramar
As the gameplay trailer revealed, there are a ton of hills, factories, townships and villages in the PUBG Miramar desert map. But according to PUBG Corporation, version 1.0 will also include modding tools for customizing the game.

Disney's pursuit of Fox RSNs could be big boost for ESPN
Disney is in the midst of negotiations on a reported $60 billion deal to acquire studio and TV assets from 21st Century Fox . Those assets would offer the opportunity for both Comcast and Disney to broaden their worldwide distribution footprint.

Melania Trump, Karen Pence visit Harvey relief efforts
They will not be the Coastal Bend's first White House visitors since Hurricane Harvey. They will also see the family's new FEMA manufactured housing unit.

United States defense chief calls for deepening anti-terror cooperation with Pakistan
Pakistan is confident that the United States will amend its South Asia strategy announced by President Trump in August this year. En route to Pakistan Mattis told reporters he would not use pressure as a tactic, and insisted he would do "some listening".

Snow in the forecast for Southeast Louisiana
However, temperatures will go back below freezing rather quickly tomorrow night, and any lingering water on roads could freeze. Calcasieu, Cameron, Beauregard and Vernon parishes are not included in the current Winter Weather Advisory .

Far Cry 5 Delayed to Provide a "Higher Quality Experience"
When they do eventually arrive, we'll see both games launch for PlayStation 4, PlayStation 4 Pro, Xbox One, Xbox One X, and PC. Fans who have been anticipating the releases of Far Cry 5 and The Crew 2 will have to wait a little longer.