You are here: Home » Markets » News
Business Standard

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

All that happened in the market today

SI Reporter  |  New Delhi 

Benchmark indices ended at fresh closing highs for a third straight session on Friday, led by financial stocks amid improved investor sentiment after the government decided to cut tax rates on certain products and services. The rates have been lowered after revenues dipped following the rollout of a landmark nationwide sales tax from July. Taxes on goods including used motor vehicles and precious stones, and services relating to mining and oil exploration, are among those that will be reduced from January 25. Both indexes posted their seventh consecutive weekly ...

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 Credit Cards and select Debit Cards (Issued by ICICI Bank only)
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.
  • Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the offer. By subscribing to this product you acknowledge and accept that our Partners may choose to contact you with offers of their products and services.
  • This is an optional offer - Not comfortable with sharing personal data - please opt for the full price offer which requires you to share minimal information

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

BS Digital + FREE Monthly access to The Wall Street Journal online

Business Standard Digital - 1 Month + FREE 1 Month access to
The Wall Street Journal online*
199.00
subscribe
FREE across device access to The Wall Street Journal online*
Convenient – Pay as you go
Pay using Credit Cards and select Debit Cards (Issued by ICICI Bank only)
Auto renewed (subject to your card issuer’s permission)
Cancel any time in the future
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.
  • 18 years of archival data.

ON THE wall street journal online

  • Seamless access to The Wall Street Journal online on any device with your Business Standard Digital account.
  • Experience the best of WSJ’s reporting, video and interactive features (More business executives read the journal globally than any other publication).
  • Get WSJ’s take on people and events shaping business, finance, technology, politics and culture.
  • Get WSJ newsletters in your inbox to make life easier on your busiest days.
  • Your access to The Wall Street Journal online is subject to you not being an existing user of The Wall Street Journal online. Existing users include current or past Premium Users of The Wall Street Journal online. If you happen to be one, your subscription will be valid for Business Standard Digital only without any change in the subscription price.

NOTE :

  • This product is a monthly auto renewal product.
  • If you have been a past Free/Registered User of The Wall Street Journal online - You will not be eligible for the seamless account creation on The Wall Street Journal online facility. Kindly  email us your non-confidential password on The Wall Street Journal online to enable us activate your access from the backend.
  • 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.

SMART ANNUAL

BS Digital + Free 12 Month Access to The Wall Street Journal online

Business Standard Digital - 12 Months + FREE 12 Months access to The Wall Street Journal online*
1999.00
subscribe
Get 12 months of The Wall Street Journal online worth Rs 17165 FREE*
Single Seamless Sign-up to Business Standard Digital and The Wall Street Journal online
Convenient - Once a year payment
Pay using Credit or Debit Card
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 your 5 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.

ON THE wall street journal online

  • Seamless access to The Wall Street Journal online on any device with your Business Standard Digital account.
  • Experience the best of WSJ's reporting, video and interactive features (More business executives read the journal globally than any other publication).
  • Get WSJ's take on people and events shaping business, finance, technology, politics and culture.
  • Get WSJ newsletters in your inbox to make life easier on your busiest days.
  • Your access to The Wall Street Journal online is subject to you not being an existing user of The Wall Street Journal online. Existing users include current or past Premium Users of The Wall Street Journal online. If you happen to be one, your subscription will be valid for Business Standard Digital only without any change in the subscription price.

NOTE :

  • Saving calculated at the current WSJ price - US $ 1 for the first 3 months and US $ 28.99 thereafter Conversion scale 1 US$ = 65.04 INR
  • If you have been a past Free/Registered User of The Wall Street Journal online - You will not be eligible for the seamless account creation on The Wall Street Journal online facility. Kindly  email us your non-confidential password on The Wall Street Journal online to enable us activate your access from the backend.
  • 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.

SMART ANNUAL

Business Standard Digital

Business Standard Digital - 12 Months
1999.00
subscribe
Pay as you go
Payment though credit card only
Auto renewed (Subject to your card issuer's permission)
Exclusive invite to select Business Standard events
Cancel any time in the future

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 your 5 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 :

  • 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 at fresh closing high, up 251 pts, Nifty settles near 10,900

Nifty Bank ends at record high up 1.40%

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

Sectoral Trend

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

Sensex Top gainers and losers

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

Markets at close   Benchmark indices ended at fresh closing highs for a third straight session on Friday, led by financial stocks amid improved investor sentiment after the government decided to cut tax rates on certain products and services.   The S&P BSE Sensex ended at 35,511, up 251 points while the broader Nifty50 index settled at 10,894, up 77 points.

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

Crude oil prices at $60 conducive to revenue growth: Air India CMD   Crude oil prices at around $60 per barrel is the "ideal" level for Air India to sustain its new-found revenue growth, the airline's Chairman and Managing Director (CMD) Pradeep Singh Kharola said.   When asked about the surge in crude oil prices and its impact on Air India's revenue growth, Kharola told IANS: "I believe the airline is comfortable with oil prices being in the range of $60-65 per barrel."   "Anything beyond this range will obviously erode our bottom line," he said at the company's HQ.

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

Satyam scam: SAT refuses to lift Sebi's two-year ban on Price Waterhouse   The Securities Appellate Tribunal (SAT) on Friday said that Price Waterhouse could continue to service existing clients whose financial year started on January 1, 2018, but it refused to grant a stay on a two-year audit ban ordered by the market regulator.   The markets regulator, Securities and Exchange Board of India (Sebi), had last week barred Price Waterhouse from auditing listed companies in the country for two years, after a probe into the nearly decade-old accounting fraud case at software services company, B Ramalinga Raju-led Satyam Computer, that became India's biggest corporate scandal.   It had however allowed Price Waterhouse to continue auditing books for the current fiscal year ending in March. READ MORE

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

Sebi allows investment up to 25% in REITs/InvITs to attract investors   To make REITs and InvITs more attractive, markets regulator Sebi has allowed strategic investors like registered NBFCs and international multilateral financial institutions to invest up to 25% of the total offer size of such trusts.   "The strategic investor(s) shall, either jointly or severally, invest not less than 5% and not more than 25% of the total offer size," Securities and Exchange Board of India said in a circular. Read more  

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

Jubilant FoodWorks hits new high on solid Q3 performance   Jubilant FoodWorks hit a new high of Rs 2,053, up 6% on BSE in intra-day deal, after the company reported a strong Same Store Growth (SSG) of 17.8% for Domino’s as against analyst’s expectation of around 8% in December quarter (Q3FY18). The company had recorded a negative growth of 3.3% in a year ago quarter.   The company reported more than doubled net profit at Rs 660 million in Q3FY18 from Rs 200 million in the corresponding quarter of previous fiscal.   Operating revenues grew 20.7% year on year (YoY) to Rs 7.95 billion over the previous year quarter. READ MORE

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

Hackers have walked off with 14% of big digital currencies   Digital currencies and the software developed to track them have become attractive targets for cybercriminals while also creating a lucrative new market for computer-security firms.   In less than a decade, hackers have stolen $1.2 billion worth of Bitcoin and rival currency Ether, according to Lex Sokolin, global director of fintech strategy at Autonomous Research LLP. Given the currencies’ explosive surge at the end of 2017, the cost in today’s money is much higher.   “It looks like crypto hacking is a $200 million annual revenue industry,” Sokolin said. Hackers have compromised more than 14 percent of the Bitcoin and Ether supply, he said. READ MORE

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

Cigarette maker ITC's third-quarter profit rises 17%; beats estimates   ITC Ltd, India's biggest cigarette maker, posted a 16.8% rise in its third-quarter profit on Friday, helped by a one-time gain.   The company, which also makes consumer goods ranging from biscuits to skincare products, said its profit rose to Rs 30.90 billion ($484.53 million) in the quarter ended December 31, from Rs 26.47 billion a year ago. Read more   Earnings impact

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

Market Check S&P BSE Sensex 35,378.16 0.33%   Nifty 50 10,830.30 0.12%   S&P BSE 200 4,775.74 0.21%   Nifty 500 9,645.80 -0.01%   S&P BSE Mid-Cap 17,596.99 -0.18%   S&P BSE Small-Cap 19,272.54 -0.07%

First Published: Fri, January 19 2018. 15:30 IST
RECOMMENDED FOR YOU

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

All that happened in the market today

Benchmark indices ended at fresh closing highs for a third straight session on Friday, led by financial stocks amid improved investor sentiment after the government decided to cut tax rates on certain products and services. The rates have been lowered after revenues dipped following the rollout of a landmark nationwide sales tax from July. Taxes on goods including used motor vehicles and precious stones, and services relating to mining and oil exploration, are among those that will be reduced from January 25. Both indexes posted their seventh consecutive weekly ...

image
Business Standard
177 22