27
Monday
January 2020
3:30 AM IST
News Headlines
Padma Vibhushan for Jaitley, Sushma, Fernandes posthumously; Parrikar given Padma Bhushan        Coronavirus scare: Nearly 100 people under observation, PMO reviews India''s preparedness        China facing ''grave'' situation, says Xi as coronavirus death toll rises to 41        Quake kills 22 in Eastern Turkey        Nepal offers to play role of mediator between India and Pakistan        India can play Asia Cup matches at neutral venue, but call is ACC''s: PCB CEO Khan        South Africa crumble after Broad, Wood help England rack up 400        Hugo Boumous inspires FC Goa to a thrilling 3-2 win over Kerala Blasters FC in Hero ISL        Growth slowdown in India temporary, expect momentum to improve going ahead: IMF chief        SC refuses to entertain plea against imposition of NSA amid anti-CAA protests        'Batman' script is beautiful, dark and moving: Colin Farrell        Scriptwriting is underrated: Ayushmann Khurrana        Agarkar applies for national selector's job, frontrunner for chairman's post, Prasad in running too        Rahul relishing dual role, says staying behind stumps helps batting too        Samsung moves India chief HC Hong to Latin America        WEF 2020 meeting ends with hopes for better and cleaner economy        Sebi fines Scan Steels Rs 18.8 lakh for fraudulent trading        Italy threatens Facebook with new fine for selling users' data        Nepal says if India can resolve boundary issue with Bangladesh, why not Kathmandu        Houston building explosion shakes city, scatters debris        
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Business News
Sensex jumps over 11 pts; Nifty above 12,250
 
Mumbai: Equity benchmark BSE Sensex jumped over 100 points in opening session on Monday tracking gains in banking, FMCG and IT stocks.

The 30-share BSE index was trading 109.18 points or 0.26 per cent higher at 41,684.32, and the broader NSE Nifty rose 27.60 points or 0.23 per cent to 12,273.40.

ITC was the top gainer in the Sensex pack, rising up to 1.50 per cent, followed by Mahindra and Mahindra, HDFC Bank, Kotak Bank, TCS, Maruti and Sun Pharma.

On the other hand, RIL was the top loser, shedding up to 0.76 per cent. SBI, HUL, Tata Steel and Infosys were also trading in the red.

In the previous session, the 30-share gauge ended 411.38 points, or 1 per cent, higher at 41,575.14. Similarly, the broader NSE Nifty closed 119.25 points, or 0.98 per cent, up at 12,245.80.

Meanwhile, on a net basis, foreign institutional investors bought equities worth Rs 81.37 crore, while domestic institutional investors purchased shares worth Rs 125.77 crore on Friday, data available with stock exchange showed.

According to experts, traders appeared keen on creating fresh positions post expiry of December series derivatives contracts.

Domestic market is awaiting cues from the budget after Finance Minister Nirmala Sitharaman on Saturday said that honest commercial decisions taken by bankers will be protected.

In a meeting with heads of the public sector banks (PSBs), also attended by the CBI Director, she assured the bankers that a distinction would be made between genuine commercial failures and culpability.

Bourses in Shanghai and Hong Kong were trading significantly higher in their respective early sessions, while those in Tokyo and Seoul were in the red.

Brent futures, the global oil benchmark, rose 0.19 per cent to USD 67 per barrel, after the US has carried out air strikes against a pro-Iran militant group in Iraq, killing 15 fighters.

The US strikes came after a barrage of 30 or more rockets was fired on Friday at the K1 Iraqi military base in Kirkuk, an oil-rich region north of Baghdad, killing a US civilian contractor and wounding four US service members as well as Iraqi security forces.

Meanwhile, the rupee appreciated 2 paise to 71.32 against the US dollar in morning session.


Samsung moves India chief HC Hong to Latin America
WEF 2020 meeting ends with hopes for better and cleaner economy
Sebi fines Scan Steels Rs 18.8 lakh for fraudulent trading
Raids on Lalit hotels group, promoter led to Rs 1,000-cr black foreign assets: CBDT
Rupee falls by 7 paise to end at 71.33 against US dollar
Looking to build new businesses in India on top of existing verticals: Canon
Rupee strengthens 2 paise to 71.19 on easing crude prices
Budget will have 'plan of action' on economy: Javadekar
India, Iran should work to expedite Chabahar Port development, connectivity to Afghanistan: Zarif
Forex reserves rise by USD 58 mn to record high of USD 461.21 bn
India, US in advance-stage talks to resolve trade issues: Goyal
Gadkari urges states to come forward in the drive for curbing accidents
IndusInd Bank down 5.44 pc to Rs 1400.60
Rupee up by 7 paise against USD
CCI directs probe against Amazon, Flipkart
Panic stricken depositors mill around bank after RBI caps withdrawal limit
US removes currency manipulator label on China ahead of inking of trade deal
Flipkart opens two warehouses in Haryana, to create over 5,000 local jobs
Rupee cuts short 5-day gaining streak; edges down 1 paise to 70.87 against dollar
Rupee extends gains by 8 paise to 70.86 against US dollar
KERALA NEWS
Man killed with soil excavator
 Thiruvananthapuram: A 36-year-old man was killed with an excavator near here when he objected to a g  
Delhi court extends ED custody of NRI bizman C C Thampi
Congress president restructures KPCC
Kerala Guv again criticises LDF govt for passing resolution in Assembly against CAA
INTERNATIONAL NEWS
China facing ''grave'' situation, says Xi as coronavirus death toll rises to 41
 Beijing: President Xi Jinping on Saturday said that China is facing a "grave situation" but exuded c
Quake kills 22 in Eastern Turkey
Nepal offers to play role of mediator between India and Pakistan
Italy threatens Facebook with new fine for selling users' data
NATIONAL NEWS
Padma Vibhushan for Jaitley, Sushma, Fernandes posthumously; Parrikar given Padma Bhushan
 New Delhi: Former union ministers Arun Jaitley, Sushma Swaraj and George Fernandes, Olympian boxer M
Govt will not allow universities to become political battlegrounds: Ramesh Pokhriyal
Maha phone tapping row hots up; Fadnavis rejects charge
Bru settlement: Tripura begins survey to identify beneficiaries
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