Sensex Drops 111 Points Ahead Of Long Weekend; Nifty Ends At 9304

The market rally comes after a string of solid domestic quarterly results, while hopes for additional foreign inflows to India have increased on renewed optimism about the U.S. economy and after the first round of an election in France went to the market's preferred candidate.

On the other hand, the broader 51-scrip Nifty at National Stock Exchange (NSE), which hit 9,300 for the first time on Tuesday, gained 45.25 (0.49 per cent) to close at 9,351.85 today.

The Indian benchmark indices retreated from record gains into the negative zone on Friday on the back of profit booking by investors ahead of the long weekend.

The barometer 30-scrip BSE Sensex, which opened at 30,141.39 points, provisionally closed at 30,029.74 points (at 3.30 p.m.) - down 103.61 points or 0.34 per cent from its previous close at 30,133.35 points.

Rallies focus on danger posed by climate change
Now, with President Trump in office, organizers believe it is more important than ever to demand action on climate change. But the largest protest so far was the Women's March , held on January 21, one day after Trump's inauguration.

The BSE Sensex also effected a new record high of 30,167 points during intra-day trade.

Infosys added 1.1% to close at 923.95 rupees, its first gain in three sessions, helped by short-covering.

"After opening with flat note, Nifty shifted into decline for better part of the day with choppy trade".

The May 2017 futures on the Nifty 50 index traded at 9,330.95, a premium of 26.90 points compared with the Nifty's spot closing of 9,304.05 in the cash market.

Imran asked to proof his allegation of Rs10 billion offer
The information said that Imran Khan was trying to make the decision of the honorable judges controversial. She said this while talking about PTI chief's latest bribe accusation against the prime minister.

Meanwhile, foreign portfolio investors (FPIs) net sold shares worth Rs 181.71 crore yesterday, provisional data showed.

Globally, Japan's Nikkei surged 1.90 percent, Hong Kong's Hang Seng rose 1.31 percent, while Shanghai Composite Index gained 0.16 percent. "European markets like CAC and DAX now traded in slight positive note and the FTSE 100 traded in minor negative note".

Domestic sentiment was also buoyed as rupee hit 64.21 against the dollar (intra-day) at the forex market.

HDFC Bank and ITC reversed gains from previous session to become top laggards on the BSE Sensex, shedding over per cent each. It closed at 9,306.60 points, up 88.65 points or 0.96 per cent. Mid-cap index increased 9 points while Small-cap reduced 3 points.

Judge cites Trump's words in blocking 'sanctuary city' order
Trump tweeted that it's another "ridiculous ruling" from the liberal-leaning, San Francisco-based Ninth Circuit Court of Appeals. Although, as Politico reported, that court would hear the case next should the Trump administration choose to appeal.

Related news