Sensex falls 147 points; Nifty trades at 10212

Sensex falls 147 points; Nifty trades at 10212”

Carrying forward the excitement of Bharatiya Janata Party's win in Gujarat and Himachal Pradesh Assembly polls, stock markets opened on a higher note on Tuesday. The yield on 10-year government bonds climbed three basis points to 7.16 per cent.

Around 9.15 am, the BSE Sensex was down 98 points at 33,365 points and NSE Nifty was 70 points down at 10,263, reports said.

The metal index advanced 1.83%, followed by auto, consumer durables and healthcare.

The Sensex touched a high of 33,746.73 points and a low of 33,666.62 points during the intra-day trade so far.

At 11.10 a.m., the 30-share BSE index Sensex was up 101.71 points or 0.3 per cent ta 33,703.39 and the 50-share NSE index Nifty was up 30.7 points or 0.3 per cent at 10,419.45. However, the tide turned as the BJP came back and started to take lead in a majority of seats.

Market breadth was negative with 502 advances against 1,169 declines.

Given the improvement in sentiment, the broader markets played along, with the mid-cap index rising 0.76 per cent and small-cap 0.45 per cent. "Having said that, equity markets are eventually slave of earnings and will track the same for future performance", Rakesh Tarway, head of research at Reliance Securities said.

Like this



19 December 2017
Fifth Third Bancorp (NASDAQ:FITB) Receives Daily Media Impact Rating of 0.21
However, their relatively high multiples do not necessarily mean their stocks are overpriced and not good buys for the long term. The stock of Fifth Third Bancorp (NASDAQ: FITB ) has "Mkt Perform" rating given on Tuesday, October 4 by Keefe Bruyette & Woods.

19 December 2017
COAS, DG ISI reach Parliament House to attend Senate committee session
The vital in-camera meeting of the committee, encompassing the whole upper house of parliament , is scheduled for 10am tomorrow. He further told the committee that 13 were hanged before Operation Rad-ul-Fasaad while 43 were hanged after operation started.

19 December 2017
MF Rank in Focus For Retail Properties of America, Inc. (NYSE:RPAI)
Clearbridge Llc increased its stake in Ringcentral Inc (RNG) by 12.47% based on its latest 2017Q2 regulatory filing with the SEC. Mraz Amerine & Associate holds 0.16% in AerCap Holdings N.V. (NYSE:AER) or 11,144 shares. (NYSE:RPAI) is 0.033254.

19 December 2017
Dejounte Murray will come off the Spurs' bench on Monday night
Are the San Antonio Spurs laying too many points to the Los Angeles Clippers tonight as a double-digit favorite at 8:30 p.m. The depth is a good problem to have, but the team is still searching for a bit of chemistry with Leonard back in the fold.

19 December 2017
Workday Inc (WDAY) Director Sells $1034200.00 in Stock
Institutional investors have recently modified their holdings of the business. 79 funds opened positions while 190 raised stakes. The software maker reported $0.24 EPS for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.10.

19 December 2017
Catherine: Full Body Announced for PS4 and PS Vita by Atlus
Catherine: Full Body is now only confirmed for Japan but expect to hear an announcement for the official Western release soon. Catherine: Full Body is in development for PlayStation 4 and PlayStation Vita.

19 December 2017
American Water Works (NYSE:AWK) Shares Bought by Nordea Investment Management AB
It increased, as 36 investors sold BEN shares while 199 reduced holdings. 93 funds opened positions while 256 raised stakes. Finally, Impax Asset Management LTD lifted its position in shares of American Water Works by 5.7% during the 3rd quarter.

19 December 2017
AL Senate election write-in statistics released
Senate election will be identified and documented for the results of special general election on December 12, 2017. Moore told supporters that the race was "close" and some military and provisional ballots had yet to be counted.

19 December 2017
Some Traders Are Very Bullish on Essex Property Trust, Inc. (ESS) After Forming Bullish Multiple Top
Following the sale, the chief financial officer now owns 7,777 shares of the company's stock, valued at $1,922,163.32. The company was upgraded on Monday, September 28 by Jefferies. (NYSE:ESS) on Thursday, November 9 with "Buy" rating.

19 December 2017
Colts place Jon Bostic and Ryan Kelly on IR
Indianapolis will play without both Bostic and Kelly on Saturday night when they travel to take on the Baltimore Ravens. The team also claimed Guard Mark Glowinski off of waivers after he was released by the Seattle Seahawks .