Sensex, Nifty turn flat after all-time high

The Sensex closed at 34,010.61 points - up 70.31 points or 0.21 per cent from Friday's closing high of 33,940.30 points.

It was yet another day of records for stock markets Tuesday as both Sensex and Nifty closed at life highs, mainly because of some fag end buying by participants. About 1,527 shares declined against 1,212 advancing shares on the BSE. Sensex was down by over 16 points or 0.05% to 33,924.19 while the wider Nifty was down by over 2 points or 0.02% to 10,490.85. In the last two trading sessions, the stock has surged over 80%.

The BSE Midcap was up 0.36% and BSE Smallcap index gained 0.35%.

Provisional data with the exchanges showed that FIIs sold scrips worth Rs 44.07 crore while domestic institutional investors purchased stocks valued at Rs 544.50 crore. However, the index slipped soon after a brief moment of glory and the broader market was trading flat after the initial half an hour of trading. "Mid and small cap outperformed on expectation of improvement in rural demand supported by continued government reforms", said Vinod Nair, head of research, Geojit Financial Services.

John Dorsey Reportedly Said He Would 'Stay Away' from Josh Rosen
The Giants (2-13) are likely to hold the No. 2 pick in the draft and will be in the market for Eli Manning's replacement. Second-round pick DeShone Kizer has been miserable this season, and it is certain he is not the answer moving forward.

On the currency front, the Indian rupee weakened by seven paise to close at 64.15 against the USA dollar from its previous close at 64.08.

-Jayant Manglik, President, Retail Distribution, Religare Securities Pharma stocks defied the bearish sentiment with stocks such as Sun Pharma, Divi's Laboratories, Glenmark, Dr Reddy's Laboratories and Aurobindo Pharma gaining over 1 per cent each.

NTPC lost big time, down 1.03 per cent, followed by M&M and Coal India.

Related News:

  • Could Cardinals target Todd Bowles if Bruce Arians retires?

    There were conflicting reports on Tuesday that Arians, 65, had made a decision to retire. Arians is 49-32-1 in five seasons with the Cardinals, including the postseason.

    EPS for Glacier Bancorp, Inc. (GBCI) Expected At $0.46

    Kempen Capital Management increased Enersys Com (NYSE:ENS) stake by 70,418 shares to 104,327 valued at $7.22 million in 2017Q3. It is negative, as 35 investors sold AMP shares while 228 reduced holdings. 89 funds opened positions while 397 raised stakes.
    Freezing temperatures expected to continue for central Pa. through next week

    Freezing temperatures expected to continue for central Pa. through next week

    Wednesday night's low is forecast at just 20 degrees, while temperatures may not get above freezing Thursday , Palmer said. Up to 13 inches of new snow are predicted for the valleys, in the mountains, two to three feet of fresh snow is likely.
  • Kanye West Achieved

    Kanye West Achieved "Best Husband" Status This Christmas

    Kanye West got his wife Kim Kardashian hundreds of thousands of dollars worth of stocks for Christmas . The mother of two said, "You can say a lot of things about me, but you cannot say I don't work hard".
    David Moyes baffled by Bournemouth's 'killer' equaliser

    David Moyes baffled by Bournemouth's 'killer' equaliser

    He said: "We were definitely much more like ourselves, we were working the goalkeeper and the fight was strong in the team. Long's flag had been raised nearly immediately as Nathan Ake's header went into the net via Wilson's head then shoulder.
    Khloe nearly  six months pregnant

    Khloe nearly six months pregnant

    In an Instagram post the mom-to-be wrote , "May you sparkle and shine this festive season". Khloe Kardashian has revealed she is nearly six months into her pregnancy .
  • Statewide average gas prices up

    Statewide average gas prices up

    The price has risen 11 percent from previous year at this time, when it was averaging $2.28 per gallon in the state. In Rhode Island, gas is up 11 percent from previous year , when it was averaging $2.28 per gallon in the state.

    Power unplugged: Truly wireless charging just took a major step forward

    Energous demoed its WattUp long-range wireless charging products time and again, suggesting that Apple's iPhone may be a customer. Towards the end of a year ago , Energous entered into a deal with Dialog Semiconductor, a long-time Apple chip supplier.
    Turkey dismisses over 2700 employees under new decrees

    Turkey dismisses over 2700 employees under new decrees

    The uniform will also apply to those accused of attempting to abolish the Turkish government and will come into force next month. Rights groups and some Western allies fear President Tayyip Erdogan is using the attempted coup as a pretext to stifle dissent.
  • Medical Evacuations from Eastern Ghouta Begin

    Medical Evacuations from Eastern Ghouta Begin

    On Tuesday evening, the International Committee of the Red Cross published pictures of ambulances brought in to carry out the evacuations.
    British woman jailed in Egypt for attempting to smuggle painkillers

    British woman jailed in Egypt for attempting to smuggle painkillers

    She was then quickly moved from Safaga prison to Qena, 161km to the west, which is known for its cramped, squalid conditions. Laura Plummer , who was found with Tramadol tablets in her suitcase, has been sentenced to three years in prison.
    Independence Bowl Updates: Florida State 23 Southern Miss 6 Halftime

    Independence Bowl Updates: Florida State 23 Southern Miss 6 Halftime

    Coach Taggart announcing Tuesday he's retaining coach Haggins as defensive line coach and associate head coach at FSU. Before all that could happen, though, the Seminoles had one final game against Southern Miss to end the season.


Most liked

'Star Wars' Actor Alfie Curtis Dies at 87
News of Curtis's death broke on the Comic Book/"Star Wars" website before it was picked up by other media outlets. Mark Hamill , who plays Luke Skywalker in the long-running franchise, announced Curtis' death Tuesday on Twitter.

Single digit temperatures tonight, wind chills below zero
Temperatures will moderate a bit during the day, but it's likely we won't get above freezing today in northeast Oklahoma. A few more clouds drift in for Wednesday , and even with sunshine, temperatures are held in the 20s once again.

'Doctor Who' Brings Back a Former Companion for Christmas Special
The popular BBC Time Lord is now a Lady, with Jodie Whittaker taking over the role from outgoing doctor Peter Capaldi . Whittaker will fully begin her role next year alongside Bradley Walsh, Mandip Gill and Tosin Cole.

Sandbag thrown from bridge hits vehicle , and teens charged with murder
Olender told the Blade that the boys "have nearly no record", and being tried as adults would have less chance of a conviction. The teenagers were arraigned on Wednesday, Dec. 27, and were being held in a juvenile detention facility, Olender said.

Support for WhatsApp on Windows Phone 8 is ending on December 31
After extending its deadline for ending BlackBerry 10 support, WhatsApp is clearly done with the OS once and for all. After January 1 you will not be able to access WhatsApp on your mobile phone if it happens to be of certain models.

Malegaon blast case: Sadhvi Pragya, Lt Col Prasad Purohit to face trial
Assistant Public Prosecutor Mankunwar Deshmukh, ATS counsel, told the court that the special court order had "no legal basis". Two other accused, Jagdish Mhatre and Rakesh Dhawde will face trial only under the Arms Act.

Jairam Thakur swearing in ceremony today; PM Modi, Amit Shah to attend
Patnaik took to his Twitter account and posted a congratulatory message for Thakur and his Council of Ministers. Sarveen Chaudhary is the lone woman minister in the cabinet and she belongs to the Other Backward Class.

Blast hits Libyan crude pipeline, cutting output by 90000 bpd
The Forties pipeline is coming back but a loss of a Libyan oil pipeline has the oil bears in a less than festive mood. A small number of customers are now sending volumes through the pipeline at low rates, Ineos said in a statement.

Ameren sending workers, equipment to Puerto Rico
The Edison Electric Institute (EEI) is the association that represents all US investor-owned electric companies. A local company is transporting power to Puerto Rico to help the victims of Hurricane Maria.

Power outage shuts down some rides at Disneyland
According to Disneyland spokesperson Elva Rubalcava, refunds are being handled on an individual basis. A spokesperson didn't know whether crowd size caused the issue.

Patrick Mahomes to start against Broncos
Of Mahomes, Reid said , " To have the opportunity to be in the room he's in is priceless". He's not expecting to put up those numbers against a strong Broncos defense on Sunday.

Du Plessis misses Zimbabwe test, de Villiers leads South Africa
The sunset in Port Elizabeth will be between 7.30pm and 7.31pm on the four days of the match, half an hour into the last session. The follow-on can be enforced with a lead of 150 runs, compared to 200 runs in five-day games.

Lewis Hamilton Said A Dumb Thing And Is Very Sorry Now
The young boy, four, happily waves a toy wand while wearing a purple and pink princess dress. It didn't take too long for Hamilton to apologise to his fans in a series of tweets .

ISIS claims responsibility for deadly blast near Afghan intelligence agency
Last week, a training facility for the same intelligence agency was targeted for another ISIS attack. During 2017, Kabul endured more than 20 large attacks with heavy losses of life.

Reliance Communications announces debt revival plan, ropes in new investor
Of this, Rs 25,000 crore is domestic debt and remaining Rs 20,000 crore is in the form of foreign loans and bonds. As per the SDR plan agreed in June, lenders were to convert at least Rs 7,000 crore in debt into equity.