18
Friday
June 2021
11:56 PM IST
News Headlines
Multan knocks Quetta out of PSL with 110-run win        WTC Final: Kohli eyes legacy, Williamson prize for consistency in battle of equals        India extends USD 100 million Line of Credit to Sri Lanka for solar energy projects        China successfully launches first crew to new space station        Biden, Putin discuss ambassadors, nuclear weapons and more        Pre-monsoon showers in national capital        Sonia taken Covid jabs, govt should inoculate all instead of creating non-issues: Cong        PM should acknowledge his mistakes, seek expert help to rebuild India: Rahul        PM invites world to invest in India        Yuvraj Singh becomes face of PUMA Motorsport in India        Dutee expects Olympics spot on basis of world rankings if not through qualification timing        India's fuel demand rebounds in June        Power consumption grows 9.3 pc in first half of June        UK expands COVID-19 vaccination drive to cover all over-21s        China says nuclear fuel rods damaged, no radiation leak        Tourists delighted after Taj Mahal reopens after two months        Odisha extends partial lockdown till July 1, opens borders with Chhattisgarh, Jharkhand        PM to launch customised crash course for Covid frontline workers        Unseeded Krejcikova wins maiden Grand Slam title in Paris        Diesel at Rs 100 mark in Rajasthan; Karnataka sees Rs 100/ltr petrol        
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Business News
Sensex surges over 350 pts in early trade; Nifty tops 14,900
 
Mumbai: Equity benchmark Sensex rallied over 350 points in early trade on Monday, tracking gains in index majors HDFC twins, ICICI Bank and Kotak Bank amid largely positive cues from global markets.

The 30-share BSE index was trading 353.64 points or 0.72 per cent higher at 49,560.11 in initial deals.

Similarly, the broader NSE Nifty surged 114.85 points or 0.77 per cent to 14,938.

Dr Reddy's was the top gainer in the Sensex pack, rising over 2 per cent, followed by ONGC, HDFC, IndusInd Bank, ICICI Bank, Sun Pharma and Kotak Bank.

On the other hand, UltraTech Cement, Bajaj Finance, Nestle India and Infosys were among the laggards.

In the previous session, Sensex climbed 256.71 points or 0.52 per cent to finish at 49,206.47, and Nifty rose 98.35 points or 0.67 per cent to 14,823.15.

Foreign institutional investors (FIIs) were net sellers in the capital market as they offloaded shares worth Rs 1,142.75 crore on Friday, according to provisional exchange data.

"Domestic equities look good at the moment. Favourable global cues, steady March quarter earnings along with favourable commentary, liquidity support announced by the RBI and absence of nationwide lockdown have aided domestic equities to shrug off rising COVID-19 cases in the country," said Binod Modi, Head Strategy at Reliance Securities.

However, elevated daily caseload, higher positivity rate and rising COVID-19 cases in hinterlands of the country are expected to weigh on investors' sentiments and will prevent the market from taking any decisive upmove, he added.

Elsewhere in Asia, bourses in Shanghai, Tokyo and Seoul were trading on a positive note in mid-session deals, while Hong Kong was in the red.

Meanwhile, international oil benchmark Brent crude was trading 0.44 per cent higher at USD 68.58 per barrel.


India extends USD 100 million Line of Credit to Sri Lanka for solar energy projects
India's fuel demand rebounds in June
Power consumption grows 9.3 pc in first half of June
Diesel at Rs 100 mark in Rajasthan; Karnataka sees Rs 100/ltr petrol
Rupee slips 13 paise to 73.02 against US dollar in early trade
Disruption in operations may lead to demand uncertainty in home improvement categories: Asian Paint
Seven of top-10 most valued firms add over Rs 1.15 lakh cr to m-cap; RIL lead gainer
RBI projects retail inflation at 5.1 pc in FY22 on supply-side measures, monsoon
Mukesh Ambani draws nil salary
Urban Company raises USD 255 mn, valuation crosses USD 2.1 bn
Ashok Leyland expects plants to be operational only for up to 10 days in June
China's central bank tries to stop surge in currency's value
Google, Facebook updating website to reflect new grievance officer appointed under IT rules
SBI & IBA announces various support measures and launch of new loan products by all Public Sector Banks
Honda 2wheelers India resumes production at its plants across India in a phased manner
Working closely with Jio to build affordable smartphone: Google CEO Pichai
Canon celebrates 50th anniversary of its first Interchangeable Lens for SLR
MakeMyTrip launches quarantine & isolation facilities across 12 cities
Gati to exit cold chain solutions biz; Q4 consolidated loss widens to Rs 173.40 cr
Multi-language voice assistants in Tata Motors cars
KERALA NEWS
Kerala govt orders SIT probe into ''illegal'' tree felling in Wayanad
 Thiruvanathapuram: In view of raging controversy over the alleged illegal felling and smuggling of c  
LDF govt hand in glove with timber mafias, alleges Union Minister Muraleedharan
COVID-19:Kerala reports 14,233 new cases, 173 deaths
16,204 COVID-19 Cases, 156 Deaths Reported In Kerala
INTERNATIONAL NEWS
China successfully launches first crew to new space station
 Beijing/Jiuquan, Jun 17 (PTI) China successfully launched its longest crewed space mission to date o
Biden, Putin discuss ambassadors, nuclear weapons and more
UK expands COVID-19 vaccination drive to cover all over-21s
China says nuclear fuel rods damaged, no radiation leak
NATIONAL NEWS
Pre-monsoon showers in national capital
 New Delhi, Jun 17 (PTI) Several parts of the national capital received light to moderate pre-monsoon
Sonia taken Covid jabs, govt should inoculate all instead of creating non-issues: Cong
Tourists delighted after Taj Mahal reopens after two months
Odisha extends partial lockdown till July 1, opens borders with Chhattisgarh, Jharkhand
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