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U.S. stock markets regain some ground
American National Registered Investment Advisor Inc. Holds Stake in Wells Fargo & Company
Salesforce reports Q2 beats, passes $10B run rate milestone
Ford signs MoU with China's Zotye Auto for EV JV
Sensex Soars 255 Points; Nifty Ends Above 9650
19 June 2017, 06:28 | Kelvin Horton
The markets saw a flurry of buying as investors sensed NPA resolution gaining traction after the Reserve Bank asked lenders to initiate bankruptcy proceedings against large defaulters.
Mumbai: The Sensex made a good start today latching onto the progress made on the GST front by bouncing over 146 points and the NSENifty retook 9,600 amid a rising trend in Asia.
Globally, all eyes are on political events in Europe as negotiations by UK Brexit Secretary David Davis with European Union will begin soon and French President Emmanuel Macron secured a majority in the parliamentary election over the weekend.
"The Market is back to the buoyed sentiment due to relaxation in return filing timeline to minimize the impact of transition to GST". BSE Small-cap index closed lower by 0.08 points at 15653 level.
The 30-share BSE Sensex was up 255.17 points at 31,311.57 and the 50-share NSE Nifty rose 69.50 points to 9,657.55, aided by banking & financials, metals, FMCG stocks and Reliance Industries.
The gauge had lost 99.51 points in the previous two sessions.
Risk-on improved after the GST Council on Sunday relaxed return filing rules for businesses for the first two months of the tax rollout even as it stuck to the July 1 launch date.
On the other hand, Infosys (1.17%), Sun Pharmaceutical Industries (0.77%), Dr Reddy'S Laboratories (0.76%), Coal India (0.59%), Oil & Natural Gas Corporation (0.48%), and Tata Motors (0.33%) were the biggest losers in the Sensex. China's Shanghai Composite was too up by 0.44 per cent. Broader market indices performed in line with the major indices but slipped in the red zone at the closing bell.
Jose Fonte at Confederations Cup #1
Nani's 21st minute goal was disallowed by video assistants because a Portugal player was offside in the build up to the goal . Earlier, Javier Hernandez became Mexico's record goal scorer when he cancelled out Ricardo Quaresma's early strike.
5 things to watch for on Sunday at the US Open
Open's final round as heavy winds pummeled the links-style layout, adding an intriguing wrinkle to the year's second major. Rickie Fowler accomplished the feat in the first round, and Hideki Matsuyama and Chez Reavie hit the number Thursday.
Potential No. 1 pick Fultz to work out with 76ers
That's why stockpiling future assets could trump drafting a certain player in this draft. "The upside of it would be insane ". The potential trade of the Boston Celtics No.1 pick the the Philadelphia 76er's is looking very real at the moment.