Sensex ends above 34,500 for first time ever, Nifty at fresh closing high
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 "Nifty")
Source: NSE
Benchmark indices ended at record closing highs on Thursday as investors remained optimistic ahead of key corporate earnings later this week and the federal budget next month.
The New Year rally in Asian shares ran out of steam on Thursday as concerns about the US administration’s protectionist stance hit Wall Street while US bonds were dented by speculation China may curtail buying.
Finance Minister Arun Jaitley is expected to present the budget for the 2018/19 financial year on Feb 1, amid investor concerns that the government could unveil some populist measures with heavier spending than this year.
Key corporate earnings will kick off this week. Tata Consultancy Services is due to post December-quarter results later today, followed by Infosys tomorrow.
3:40 PM
Nifty IT up 0.4% ahead of TCS Earnings
Source: NSE
3:38 PM
Sectoral Trend
Source: NSE
3:36 PM
Top Sensex gainers and losers
Source: BSE
3:34 PM
Broader Markets
Among broader markets, BSE Smallcap index also ended at a fresh high, up 0.4% while BSE Midcap was up 0.3%
Among broader markets, BSE Smallcap index also ended at a fresh high, up 0.4% while BSE Midcap was up 0.3%
3:33 PM
Markets at Close
The Benchmark indices ended at fresh closing highs as investors remained optimistic about the Q3 earnings season and the upcoming budget.
The S&P BSE Sensex ended the day at 34,503, up 70 points while the broader Nifty50 index settled the day at 10,651, up 19 points
The Benchmark indices ended at fresh closing highs as investors remained optimistic about the Q3 earnings season and the upcoming budget.
The S&P BSE Sensex ended the day at 34,503, up 70 points while the broader Nifty50 index settled the day at 10,651, up 19 points
3:21 PM
Dream of being a bitcoin millionaire? Things to know about cryptos in India
Bitcoin, the most talked about cryptocurrency, entered the tenth year of its existence last week. While the world grapples with its meteoric rise and attendant risks -- from fears of a bubble to its use by unsavoury entities (especially the North Korean regime) -- a large number of Indians have taken a shine to cryptocurrencies, with reportedly 2.5 million registered traders and Rs 178 billion (Rs 17,800 crore) worth of them having been traded.
In fact, according to information shared in the Rajya Sabha during the winter session, India accounts for "more than 11 per cent" of the global trade in cryptocurrencies like bitcoin and ethereum.
Click here to know about bictcoins and cryptocurrencies in India
3:11 PM
Bank of India fundraising
Public sector lender Bank of India today said its Board will meet on January 20 to consider raising funds. The bank also said it has received capital infusion of Rs 2,257 crore from the government.
Public sector lender Bank of India today said its Board will meet on January 20 to consider raising funds. The bank also said it has received capital infusion of Rs 2,257 crore from the government.
"A meeting of the Board of Directors has been scheduled for January 20, to consider capital raising plans by the bank," Bank of India (BOI) said in a BSE filing.
3:00 PM
Market Check
| Index | Current | Pt. Change | % Change |
| S&P BSE SENSEX | 34,462.55 | +29.48 | +0.09 |
| S&P BSE SENSEX 50 | 11,105.98 | +6.70 | +0.06 |
| S&P BSE SENSEX Next 50 | 37,561.61 | +31.81 | +0.08 |
| S&P BSE 100 | 11,171.01 | +7.20 | +0.06 |
| S&P BSE Bharat 22 Index | 3,806.94 | -10.56 | -0.28 |
2:48 PM
Budget 2018: Expecting a greater spend on healthcare, says Biocon chairman
Biocon chairman Kiran Majumdar Shaw on Wednesday said that she expects a greater spend on healthcare from the government in Union Budget 2018-19.
"I would like to see a greater spend on healthcare as here we have stagnated at below one percent GDP levels. For a country like India which is trying to aim to deliver universal healthcare we will need to treble this investment in healthcare," Shaw told ANI.
She also said that the country has affordable access to healthcare, but the need of the hour is a greater investment in this sector. READ MORE
2:32 PM
Passenger vehicle sales rise 5.22 per cent in December; car sales slip
Domestic passenger vehicle sales rose 5.22 per cent to 2,39,712 units in December from 2,27,823 units in December 2016.
Domestic car sales, however, declined marginally to 1,58,326 units as against 1,58,617 units in December 2016, according to the data released by the Society of Indian Automobile Manufacturers (SIAM).
Motorcycle sales last month rose 40.31 per cent to 7,88,156 units as against 5,61,710 units a year earlier.
Total two-wheeler sales in December rose 41.45 per cent to 12,87,592 units compared to 910,276 units in the year-ago month. READ MORE
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First Published: Jan 11 2018 | 3:31 PM IST