June 23, 2017

Sensex signs off week with gains after GST rate freeze

20 May 2017, 12:58 | Sue Hudson

Nifty continues to trade flat Tata Steel soars over 8

Nifty continues to trade flat Tata Steel soars over 8

The benchmark BSE index rose as much as 0.9 percent to a record high on Friday, scaling an all-time peak for the fourth time in five sessions, as consumer goods makers surged after the government finalised rates for its upcoming goods and services tax (GST). The Nifty too, was up by 13.50 points or 0.14 per cent.

BSE Consumer Durables closed down by 2.08 per cent, BSE Energy closed down by 1.56 per cent, BSE FMCG closed down by 1.54 per cent, BSE Healthcare is closed down by 0.85 per cent, BSE Telecom index closed down by 1.74 per cent, and BSE Auto Index closed down by 1.98 per cent.

JSW Steel's net profit zoomed to Rs 1,003 crore from Rs 367 crore in the corresponding period last year while income from operations rose 60 percent to Rs 16,952 crore as against Rs 10,615 crore in the year-ago period, the company said in a statement.

The S&P BSE mid-cap index fell 0.72 percent while the small-cap index declined 0.88 percent. On BSE, the ITC counter has clocked a volume of almost 1.96 million shares so far in the session, more than 3 times the average daily volume the counter had witnessed in the past two weeks.

The NSE index Nifty also slipped from record and slumped by 77 points, or 0.80 per cent, to 9,448.75.

The NSA told Microsoft about EternalBlue hack used in WannaCry
The cyber security community has been combing through the blog post and other indicators for the Shadow Broker's intentions. The Shadow Brokers' first dump of exploits in August sparked a robust discussion within the Obama administration.

Coal India rallied 2.62 per cent, followed by NTPC and PowerGrid.

In the Asian region, Hong Kong's Hang Seng rose 0.30 per cent, Shanghai Composite rose 0.12 per cent and Japan's Nikkei gained 0.19 per cent in early deals today. The US Dow Jones Industrial Average ended 0.3% higher on Thursday.

Back home, foreign institutional investors sold shares worth Rs 361 crore on Thursday while domestic institutional investors bought shares worth Rs 898 crore on Thursday, according to the data available on the National Stock Exchange.

Visaka Industries, Teamlease Services, Siyaram Silk Mills, Sharda Cropchem, State Bank of India, Muthoot Capital Services, Jayaswal Neco Industries, were some of the other stocks that touched their 52-week high on NSE on Friday.

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