Quick view: Sensex up 115 points on optimism about US

Comments 0
SummarySensex gained for the first time in three days and closed 115 points higher on Thursday

Sensex gained for the first time in three days and closed 115 points higher on Thursday, led by Reliance Industries, as Asian and European stock markets advanced amid optimism about the US economy. The Sensex got support from L&T, Infosys and HDFC. BHEL and Hindalco were the big gainers as 23 of the 30 shares on the index moved up. Capital goods, realty and power stocks led 12 of the 13 BSE sectoral indices higher. It dipped to the days low of 20,461.51 in the last hour of trade, before recovering to close at 20,534.91, a gain of 114.65 points or 0.56%.

Nikkei hits highest close in nearly six years

Asian shares were in a buoyant mood, with Japanese stocks hitting their highest close in nearly six years after the yen fell sharply on positive US economic data, while two major regional currencies slumped. Financial bookmakers expected major European indexes to open flat to modestly higher on Thursday.

Fund raising via debt placement at 4-mth high

Fund-raising by India Inc through private placement of debt securities or bonds surged to a four-month high of over R23,500 crore in October. According to Sebi, companies garnered a total of R23,567 crore from debt on a private placement basis route. This was the highest amount raised in by firms through private placement of debt securities since July, when they had garnered R35,214 crore.

Sebi passes consent order in Eastern Gases case

Sebi has settled fraudulent trading charges against two after they paid a total of R9.52 lakh as settlement fee. The regulator disposed of proceedings against Jayesh Shah and Ajay Shah. A group of connected entities, namely Shah Group, including Ajay Shah and Jayesh Shah, had indulged in synchronised deals and reversals in the scrip of Eastern Gases.

MCX names two trustees for Investor Protection Fund

The MCX board has recommended the appointment of KG Karmakar, former MD of Nabard and Ajai Kumar, former chairman & MD, Corporation Bank as trustees of the MCX Investor (Client) Protection Fund, subject to FMCs approval. MCX on Thursday received an approval from the FMC for the appointment of former chief information commissioner Satyananda Mishra as the board chairman.

Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...