Page 1847 - Business Finance

Sensex jumps over 150 pts on funds inflow, global cues

Domestic equities opened on a firm note Friday as the benchmark BSE Sensex surged over 150 points on the back of continued foreign fund inflow and appreciating rupee. Positive leads from the US markets on optimism that the US and China may resolve their trade dispute, and a mixed trend at other Asian bourses too influenced sentiments here. The 30-share index spurted 159.17 points, or 0.45 per cent, to 35,419.71 points with sectoral indices, led by healthcare, auto, FMCG, capital goods and banking, rising up to 1.03 per cent. The barometer had gained 118.55 points Thursday. The NSE Nifty was trading 41 points, or 0.39 per cent, higher at 10,657.70. Prominent gainers include Sun Pharma, Axis Bank, Asian Paint, RIL, M&M, Hero MotoCorp, TCS, HDFC Bank, Maruti Suzuki, PowerGrid, ICICI Bank, Tata Motors, Bajaj Auto, NTPC and Bharti Airtel, gaining up to 1.37 per cent. On the other hand, continuing its fall, Yes Bank was the biggest loser, dropping up to 6 per cent. ONGC, Infosys, Tata ..

Rupee rises 10 paise against US dollar to 71.87

The rupee firmed 10 paise to 71.87 against the US dollar Friday on increased selling of the US currency by exporters and banks. Besides, weakness in the greenback against some currencies overseas, increased foreign fund inflows and a higher opening of domestic equities supported the rupee, traders said. Foreign funds bought shares worth a net of Rs 2,043.06 crore Thursday, as per provisional data. At the interbank forex market, the rupee opened higher at 71.94, and advanced 10 paise to 71.87 against the US dollar. The rupee had vaulted 34 paise to close at a two-month high of 71.97 against the US dollar Thursday on robust foreign fund inflows amid low crude oil prices. Meanwhile, the benchmark BSE Sensex rose 96.29 points, or 0.28 per cent, to 35,356.83 in early session Friday.

Global Markets: Asia mood soured by Nvidia slide, sterling scarred by Brexit chaos

SYDNEY (Reuters) - Asian shares shed early gains on Friday after disappointing results from U.S. chipmaker Nvidia Corp hammered its stock and sent selling rippling through the entire tech sector.

Market may extend gains

Market is seen opening higher, tracking overnight gains on the Wall Street on hopes of a halt in the China-US trade conflicts. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 44.50 points at the opening bell.

Savera Industries standalone net profit declines 15.38% in the September 2018 quarter

Sales decline 1.62% to Rs 18.82 crore

Aanchal Ispat standalone net profit rises 7.69% in the September 2018 quarter

Sales decline 31.49% to Rs 91.13 crore

Sun Pharma Advanced Research Company reports standalone net loss of Rs 2.58 crore in the September 2018 quarter

Sales rise 299.41% to Rs 61.35 crore

Sree Rayalaseema Hi-Strength Hypo standalone net profit rises 127.27% in the September 2018 quarter

Sales rise 38.12% to Rs 173.77 crore

Smart Finsec reports standalone net loss of Rs 0.19 crore in the September 2018 quarter

Sales decline 68.33% to Rs 1.27 crore

Sarvottam Finvest reports standalone net loss of Rs 0.06 crore in the September 2018 quarter

Sales decline 6.25% to Rs 0.45 crore

Globus Spirits standalone net profit rises 1.44% in the September 2018 quarter

Sales rise 11.68% to Rs 225.14 crore

A B M International reports standalone net loss of Rs 0.80 crore in the September 2018 quarter

Sales decline 63.60% to Rs 6.13 crore

Meyer Apparel reports standalone net loss of Rs 0.12 crore in the September 2018 quarter

Sales rise 5.76% to Rs 2.94 crore

Pankaj Polymers reports standalone net loss of Rs 0.15 crore in the September 2018 quarter

Sales decline 70.00% to Rs 0.33 crore

Mohit Industries standalone net profit rises 26.67% in the September 2018 quarter

Sales rise 28.30% to Rs 49.69 crore

Oasis Nutraceuticals reports standalone net loss of Rs 0.01 crore in the September 2018 quarter

Reported sales nil

ANS Industries reports standalone net loss of Rs 0.29 crore in the September 2018 quarter

Reported sales nil

Asit C Mehta Financial Services reports standalone net loss of Rs 0.47 crore in the September 2018 quarter

Sales decline 28.66% to Rs 1.12 crore

Shriram Pistons & Rings standalone net profit rises 3.13% in the September 2018 quarter

Sales rise 16.54% to Rs 493.23 crore

Bhandari Hosiery Exports standalone net profit declines 11.25% in the September 2018 quarter

Sales decline 6.71% to Rs 51.55 crore