gamesindustryblog.com
gamesindustryblog.com May 27, 2017


Sensex sheds 133 points ahead of RBI policy decision

07 April 2017, 02:26 | Muriel Sparks

Sensex sheds 133 points ahead of RBI policy decision

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange building in Mumbai

The BSE index hit a high of 30,007.48 in intra-day trade, but slipped to 29,817.69 before settling at 29,974.24, up 64.02 points or 0.21 per cent.

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 9,265.15 points, was quoting at 9,230.40 points, down by 34.75 points or 0.38 per cent.

However, in pre-market opening, Sensex touched 29,996-mark and Nifty a new high of 9,264-level.

UFC 210 Embedded Episode 3
Before we can look at DC vs Rumble 2, let's revisit what happened in their first encounter back at UFC 187 (May 13, 2015). Johnson is coming off three consecutive KO/TKO wins, including a 13-second stoppage of Glover Teixeira previous year .

BSE Sensex and NSE Nifty, both of which were trading down since morning on concerns that the RBI will keep a tight monetary policy to keep inflation in check, rebounded immediately after the policy statement was released, breathing a sigh of relief as the central bank refrained from pulling any surprises to spook the markets. The policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.25 percent.

The central bank also projected the GDP growth for the current fiscal at 7.4 per cent, up from 6.7 percent in 2016-17.

"Q4 numbers should take centre-stage from here on, but global cues could also hold sway in the coming days, specially with US markets beginning to show vulnerability ahead of (US) NFP (non-farm payroll) jobs data". At 9.15am, the home currency was trading at 65.06, down 0.27% from its Wednesday's close of 64.88. Hawkish Fed minutes and anxiety ahead of a two-day meeting between USA and Chinese leaders also weighed on markets. However, the market breadth remained positive as 1,469 stocks ended higher, 1,413 declined, while 137 ruled unchanged. Among BSE sectoral indices, FMCG slumped 0.79%, followed by consumer durables (0.64%), healthcare (0.63%), capital goods (0.21%), bank (0.21%) and auto (0.08%). Federal Reserve minutes suggested the U.S. central bank was considering steps that could result in a further tightening of monetary policy. On the other hand, realty index was up 0.88 per cent, oil & gas 0.48 per cent, IT 0.16 per cent and TECk 0.01 per cent. "Major Asian markets ended on a negative note, barring the Jakarta and Shanghai indices, while European indices like FTSE 100 and DAX traded lower", Jasani added.



Other News

Trending Now

UN chief at Iraq camp urges more aid for people of Mosul
Townsend has delegated the right to approve bombings further down the hierarchy to allow a quick response to help Iraqi troops. Earlier this week, the Pentagon said it would deploy another 200 to 300 USA troops to help liberate the city.

Samsung Galaxy S8 Event Produces Reactions Between The Tech Bloggers
Year after year, Samsung manages to come up with better OLED displays for its high-end Galaxy S and Galaxy Note screens. Speculations about the smartphone have already started making rounds on the web, revealing its features and look.

What the death of broadband privacy rules means
A VPN (virtual private network) adds security and privacy to the Internet, public and private networks and WiFi hot spots. Nonetheless, groups are now calling on Trump to make good on his populist campaign rhetoric by vetoing the legislation .

Extra patrol out for distracted drivers
About seven percent of crashes in CT since 2015 have been attributed to some form of driver distraction, the DOT said. This is a nine percent increase over the previous year in the number of fatal crashes caused by distracted driving.

Patrick Ewing to Become Head Coach of the Georgetown Hoyas
Conversely, Ewing - despite his Hall of Fame career as a player - began at the bottom of the coaching ranks and worked his way up. There's a legitimate debate about Georgetown reaching back in time to hire Patrick Ewing as the school's men's basketball coach.

Human remains found in Missouri identified as missing 21-year-old woman
Yust is now in custody on charges of setting Runions' vehicle on fire, but he has not been charged in either girls' disappearance. In 2011, Yust, then 22, was charged with two counts of animal abuse, including smashing a kitten against a bathroom floor.

Ford Motor Company (F) Downgraded by Zacks Investment Research
The company also provided its chief executive with a "strategic incentive" grant in 2016 valued at $2.5 million. Ford's stock price is down 2.19% at $11.39 and GM's stock price is lower by 3.25% at $34.21 as of 10:05 AM EST.

Homeowner arrested after shooting intruder dead in the shower
Messages seeking additional comment from the Mason County Sheriff's Office were not immediately returned Monday. According to Spurling, "Based on what he knew at the time and what he told us, it didn't fit self-defense".

What Chelsea needs to win the Premier League - Conte
Hull climbed out of the relegation zone with a priceless 4-2 win over relegation rivals Middlesbrough at the KCOM Stadium. They have a lot of qualities. "We are almost there but there is a long way to go", Hazard told BT Sport after the game.

Moto G5 smartphone launched in India
Apart from this, Amazon is offering another lease of cashback up to Rs 1,000 for HDFC card users and a discount on buying SD card. Lenovo past year killed the Moto X lineup for the Moto Z series of phones, but now it looks like the series is making a comeback.