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Sunday
March 2020
9:43 PM IST
News Headlines
COVID-19 lockdown: 450 buses pressed into service by Ghaziabad admin to transport migrants        Mah: Corona cases cross 180-mark, 28 more test +ive        Covid-19: Punishment by police in Kannur for violating lockdown turns into row        Funeral of COVID-19 victim held as per WHO protocol        COVID-19: Kerala reports first death, positive cases rise to 165 in Kerala, 1,34,370 people under surveillance        Spain coronavirus outbreak ''close to peaking'': official        Virus infections top 600,000 globally with long fight ahead        COVID-19: Forced break a ''welcome rest'' for India players, says coach Shastri        Dane Piedt quits South Africa career to play for US        RBI asks lending firms to allow 3-month moratorium on EMI payments        COVID-19:15 lakh air travellers entered India in 2 months, ''gap'' in actual monitoring: Cabinet Secy        Coronavirus cases in India climb to 834, death toll reaches 19        COVID-19: Kerala CM expresses concern over blocking roads in Karnataka border        COVID-19: Positive cases rise to 164 in Kerala, 1,10,299 people under surveillance, says CM        US confirmed coronavirus cases cross 100,000: Tracker        Xi offers help to Trump to combat COVID-19; says infectious diseases recognise no border or race        UK PM Johnson tests positive for coronavirus, has mild symptoms        Sachin Tendulkar donates Rs 50 lakh to fight COVID-19        Djokovic donates ventilators to Serbia, praises ties with China        COVID-19: Total cases 649; Rate of increase ''relatively stable'', says govt        
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Business News
Sensex rallies over 300 pts ahead of IIP, inflation data releases
 
Mumbai, Feb 12 (PTI) Market benchmark Sensex rallied over 300 points in opening session on Wednesday driven by gains in HDFC twins, RIL, ICICI Bank and HUL ahead of the release of inflation and factory output data.

The 30-share BSE index was trading 331.04 points or 0.80 per cent higher at 41,547.18, and the broader NSE advanced 93.50 points, or 0.77 per cent, to 12,201.40.

In the previous session, Sensex settled 236.52 points, or 0.58 per cent, higher at 41,216.14 and Nifty rose 76.40 points, or 0.64 per cent, to 12,107.90.

Meanwhile, on a net basis, foreign institutional investors sold equities worth Rs 209.39 crore, while domestic institutional investors bought shares worth Rs 344.63 crore on Tuesday, data available with stock exchanges showed.

HUL was the top gainer in the Sensex pack, rising up to 3 per cent, followed by Tata Steel, NTPC, HDFC, Nestle India, PowerGrid and Axis Bank.

On the other hand, IndusInd Bank was the sole laggard in morning session.

According to analysts, domestic investors are likely to stay focused on the last batch of Q3 numbers, factory output and CPI inflation for the month of January. As per the consensus, inflation is expected to remain elevated confirming the recent action by the central bank.

Market also took positive cues from global markets that remained on firm footing despite concerns over coronavirus (COVID-19), traders said.

Bourses in Shanghai, Hong Kong, Tokyo and Seoul were trading on a positive note.

Stock exchanges on Wall Street closed with gains on Tuesday.

Meanwhile, the rupee appreciated 5 paise against the US dollar to 71.21 in morning session.

Global crude benchmark Brent rallied 1.72 per cent to USD 54.94 per barrel.


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KERALA NEWS
Covid-19: Punishment by police in Kannur for violating lockdown turns into row
 Kannur: The public punishment given by the District Police Chief(DPC) Yahtish Chandra-led squad on S  
Funeral of COVID-19 victim held as per WHO protocol
COVID-19: Kerala CM expresses concern over blocking roads in Karnataka border
COVID-19: Positive cases rise to 164 in Kerala, 1,10,299 people under surveillance, says CM
INTERNATIONAL NEWS
Spain coronavirus outbreak ''close to peaking'': official
 Madrid: The coronavirus death toll in Spain surged over 5,600 on Saturday after a record 832 people
Virus infections top 600,000 globally with long fight ahead
US confirmed coronavirus cases cross 100,000: Tracker
Xi offers help to Trump to combat COVID-19; says infectious diseases recognise no border or race
NATIONAL NEWS
COVID-19 lockdown: 450 buses pressed into service by Ghaziabad admin to transport migrants
 Ghaziabad (UP): The Ghaziabad administration has pressed 450 buses into service to transport migrant
Mah: Corona cases cross 180-mark, 28 more test +ive
COVID-19:15 lakh air travellers entered India in 2 months, ''gap'' in actual monitoring: Cabinet Secy
Coronavirus cases in India climb to 834, death toll reaches 19
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