You are here: Home » Markets » News
Business Standard

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

Catch all live market action here

SI Reporter  |  New Delhi 

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 ...

MONTHLY STAR

Business Standard Digital

Business Standard Digital Monthly Subscription
149.00  
subscribe
Complete access to the premium product
Convenient - Pay as you go
Pay using Master/Visa Credit Card & ICICI VISA Debit Card
Auto renewed (subject to your card issuer's permission)
Cancel any time in the future
Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

NOTE :

  • The product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the email with the cancellation request to assist@bsmail.in. Include your contact number for speedy action. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART MONTHLY

Business Standard Digital

Business Standard Digital - 12 Months
1499.00
subscribe
Get 12 months of Business Standard digital access
Single Seamless Sign-up to Business Standard Digital
Convenient - Once a year payment
Pay using an instrument of your choice - Credit/Debit Cards, Net Banking, Payment Wallets accepted
Exclusive Invite to select Business Standard events

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment - hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.

NOTE :

  • This product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.
Sensex ends above 34,500 for first time ever, Nifty at fresh closing high

Nifty IT up 0.4% ahead of TCS Earnings Source: NSE

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

Sectoral Trend Source: NSE

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

Top Sensex gainers and losers Source: BSE

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

Broader Markets Among broader markets, BSE Smallcap index also ended at a fresh high, up 0.4% while BSE Midcap was up 0.3%

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

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

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

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

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

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.   "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.

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

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

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

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

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

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

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

Income Tax dept attaches 900 benami properties worth over Rs 35 billion   The Income Tax (I-T) Department on Thursday said it has attached more than 900 benami properties including flats, shops, jewellery and vehicles worth over Rs 35 billion.   I-T Department said in a statement that it has stepped up action under the Prohibition of Benami Property Transactions Act, which came into force from November 1, 2016.   The Act provides for provisional attachment and subsequent confiscation of benami properties, whether movable or immovable. READ MORE

First Published: Thu, January 11 2018. 15:31 IST
RECOMMENDED FOR YOU

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 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 ...

image
Business Standard
177 22