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Sensex ends above 34,500 for first time ever, Nifty at fresh closing high

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SI Reporter  |  New Delhi 

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Nifty IT up 0.4% ahead of TCS Earnings Source: NSE Sectoral Trend Source: NSE Top Sensex gainers and losers Source: BSE Broader Markets Among broader markets, BSE Smallcap index also ended at a fresh high, up 0.4% while BSE Midcap was up 0.3% 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 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

Benchmark indices ended at record closing highs on Thursday as investors remained optimistic ahead of key corporate earnings later this week and the federal next month.

The New Year rally in 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 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 tomorrow. 

First Published: Thu, January 11 2018. 15:31 IST
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Sensex ends above 34,500 for first time ever, Nifty at fresh closing high

Catch all live market action here

Catch all live market action here
Benchmark indices ended at record closing highs on Thursday as investors remained optimistic ahead of key corporate earnings later this week and the federal next month.

The New Year rally in 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 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 tomorrow. 
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Business Standard
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Sensex ends above 34,500 for first time ever, Nifty at fresh closing high

Catch all live market action here

Benchmark indices ended at record closing highs on Thursday as investors remained optimistic ahead of key corporate earnings later this week and the federal next month.

The New Year rally in 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 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 tomorrow. 

image
Business Standard
177 22