Sensex rises for 8th straight session; Nifty reclaims 10500
Apr 17 2018
Key indices on Monday opened lower tracking mixed Asian cues.
The benchmark Sensex of the Bombay Stock Exchange (BSE) extended its rising streak for the ninth session after it advanced almost 100 points in early hours of trade today following a forecast of a normal monsoon for the year.
The Sensex touched a high of 34,341.46 points and a low of 33,899.34 points during the intra-day trade.
Major gainers in the 30-share index were Hero Motocorp (2.02%), Kotak Mahindra Bank (1.88%), Adani Ports and Special Economic Zone (1.85%), Bajaj Auto (1.73%), Mahindra & Mahindra (1.66%) and Housing Development Finance Corp (1.64%).
EMini futures for the S&P 500 sprang 0.6 percent higher in early trade, while Japan's Nikkei added 0.3 percent.
India's exports dipped by 0.66 per cent to Dollars 29.11 billion in March, even as they increased by 9.78 per cent for the full 2017-18 fiscal.
The Chinese side was led by Foreign Minister Wang Yi, the first visit by a Chinese foreign minister for bilateral talks since 2009. The rupee on Monday fell by 29 paise to close at a six-month low of 65.49 against the USA currency on widening trade deficit concerns amid heightened geopolitical worries.
The rupee extended losses today on concerns over widening of trade deficit amid heightened geopolitical worries.
India's exports dipped by 0.66 per cent to United States dollars 29.11 billion in March, even as they increased by 9.78 per cent for the full 2017-18 fiscal.