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17 July 2017, 03:38 | Myron Mathis
Brokers trade at their computer terminals at a stock brokerage firm in Mumbai India. REUTERS
Asian shares ruled firm, picking up cues from stronger than expected growth in China and expectations that the Federal Reserve will tread with care in tightening its policy, given lacklustre economic data, which led to a record close in the U.S. on Friday.
The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 32,053.98 points, closed at 32074.78 points - up 54.03 points or 0.17 per cent, from its previous close at 32,020.75 points.
MSCI's broadest index of Asia-Pacific shares outside Japan extended earlier gains to climb 0.26 percent by 0630 GMT.
NSE's Nifty closed above the 9,900 level for the first time at 9,916 with 40 components ending in the green and 11 in the red.
The Dow and S&P 500 hit record highs after data showed consumer prices were unchanged in June and retail sales fell for a second straight month, pointing to tame inflation and subdued expectations of strong economic growth in the second quarter which could make Fed policymakers more cautious.
The Sensex, too, scaled a fresh intra-day high of 32,131.92 points.
Biggest gainers in the 30-share index were Wipro (3.74%), Adani Ports and Special Economic Zone (1.63%), Reliance Industries (1.55%), Infosys (1.54%), Mahindra & Mahindra (1.34%), and ICICI Bank (1.12%).
The BSE Sensex and Nifty jumped almost 1.5 per cent on Monday to record highs, surpassing their previous all-time highs hit just last week as. While Wipro shares rallied 3.3 percent, Infosys rose 1.4 percent and HCL Technologies advanced 2.2 percent.
(XOM) Shares Bought by Quotient Investors LLC
Locust Wood Capital Advisers Limited Liability Company, New York-based fund reported 26,413 shares. (NASDAQ:BNCL). Hightower Advsr Ltd Liability Com has 1.54% invested in Exxon Mobil Corporation (NYSE:XOM) for 1.57M shares.
Farmers National Banc Corp
The institutional investor owned 25,112 shares of the bank's stock after buying an additional 4,920 shares during the period. Franklin Resource, a California-based fund reported 37,220 shares. 14,406 were accumulated by Stifel Financial Corporation.
EasyJet chief McCall appointed to lead ITV
I have had an fantastic seven years at EasyJet , I am so proud of what the airline and its people have achieved in that period. The broadcaster will pay McCall an annual salary of 900,000 pounds and a pension allowance of 15 percent of her pay.