Sensex closes flat in cautious trade ahead of earnings season
Sensex closes flat in cautious trade ahead of earnings season
The 10-year bond yield was at 7.33% compared to its previous close of 7.32
12 January, 2018, 22:49
Shares closed nearly unchanged on Wednesday as optimism about an improving global economy was offset by caution ahead of the start of the domestic corporate results season next week.
The gauge had lost 244.57 points in the previous two sessions.
"Market pared early gains due to lack of domestic triggers and rising oil prices impacting the premium valuation while global macros stayed positive and is giving support". It quoted at 10,468.80 points, up by 26.60 points or 0.25 per cent. "Investors are awaiting the result season for signs of earnings upgrade", said Vinod Nair, Head of Research, Geojit Financial Services. Domestic institutional investors (DIIs) also bought equities to the tune of Rs 64.70 crore.
Shares of RIL rose 1.5% after the company said that it has commissioned a 1.5-mtpa refinery off-gas cracker unit at its Jamnagar complex.
Market heavyweight Reliance Industries was trading 0.25% higher at 918 level after worldwide brokerage house CLSA said Reliance Industries is likely to see a big cash-flow boost as projects of over $40 billion start to deliver in full swing this fiscal while capex falls.
Fertiliser stocks were in demand.
Among secondary barometers, the BSE Mid-Cap index was up 0.38%.
The US dollar extended gains against basket of currencies in early Asian trade, after upbeat US data and supportive minutes from the Federal Reserve's latest policy meeting helped it shake off recent weakness.
On the other hand, the S&P BSE auto index fell by 28.12 points, realty index by 5.68 points and FMCG index by 0.26 points.
Dr. Reddy's (-2.8%), ONGC (-0.99%), Tata Motors (-0.73%), Asian Paints (-0.44%) and Infosys (-0.42%) were the top losers in today's trade.
Sectorwise, the S&P BSE consumer durables index rose by 578.32 points, followed by metal index by 420.56 points and capital goods index by 408.55 points.
A sequel to Kabir Khan's Ek Tha Tiger , Tiger Zinda Hai is touted as the best action film of Salman's career. If it manages to cross Rs 300-crore mar then it will be Salman Khan's third movie to achieve the feat.
Will & Grace, which originally ran from 1998 to 2006, returned to United States television last year after an 11-year hiatus. Not only will she play herself, but she'll also play her Shades of Blue character, detective Harlee Santos.
John Khoury increased its stake in Hyatt Hotels Corp (H) by 14.08% based on its latest 2017Q3 regulatory filing with the SEC. The stock of TELUS Corporation (NYSE:TU) has "Outperform" rating given on Tuesday, January 26 by Macquarie Research.
To measure price-variation, we found MOMO's volatility during a week at 5.6% and during a month it has been found around 3.86%. This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends.
That leaves a gap of about 6,500 inmates still in need of being housed somewhere instead of Rikers, should it close. Mayor Bill de Blasio promised in March to begin closing the entire jail complex over roughly a decade .
Patten Group Inc decreased its stake in Mid (MAA) by 72.73% based on its latest 2017Q3 regulatory filing with the SEC. Approximately 4.8% of the shares of the company are sold short. 28 funds opened positions while 50 raised stakes.
Operated by Iran's National Iranian Tanker Company (NITC), the vessel was taking light crude oil condensate to South Korea . The body of a crew member was found on Monday in the water near the tanker, the ministry said.
May the Lord grant us [the opportunity] to work with generosity in this new year to realise a more supportive and welcoming world. Peter's Square on a chilly Roman New Year's Day, including pilgrims from NY and a musical band from California.
Mutual Of America Cap Management Ltd Llc holds 0% of its portfolio in Natus Medical Incorporated (NASDAQ:BABY) for 1,450 shares. The North Carolina-based Salem Counselors has invested 0% in CenturyLink, Inc. 559,316 were reported by Miller Howard New York.
The research also showed that teens who used more than one tobacco product were more likely to move on to traditional cigarettes. Benjamin Chaffee of the University of California, San Francisco School of Dentistry.
On December 7, the high court had granted bail to him to appear in an examination on December 18 under police custody. Varnika admitted an advocate, Rajdeep Takoria, was present at the police station when the FIR was registered.
The History Of Dragon Ball Games
Masako Nozawa, the voice actress behind Goku , and theme song singer Takayoshi Tanimoto were also at the event. The " Dragon Ball FighterZ " open beta will start on January 14 at 3:00 a.m.
$1.36 EPS Expected for Principal Financial Group, Inc
Dalton Greiner Hartman Maher & holds 433,060 shares or 0.97% of its portfolio. 24,406 were accumulated by Advsrs Asset Mgmt. Five investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock.
US oil output to surpass record earlier than expected
That has changed in the last several years due to the shale revolution, but these projections surpass earlier expectations. Sentiment was boosted by a surprise drop in US production and lower USA crude inventories in official data on Wednesday.
Dollar Tree (DLTR) Coverage Initiated by Analysts at Guggenheim
Zacks Investment Research's sales averages are an average based on a survey of sell-side research analysts that cover Dollar Tree. KeyCorp reissued a "buy" rating and set a $98.00 price target on shares of Dollar Tree in a report on Friday, November 10th.
Strong 6.0 quake hits central Myanmar: USGS
There were three shallow aftershocks occurring within a few minutes, a statement from the Myanmar Earthquake Committee said. Swe Swe Myint said, "We were sleeping, but as the building was shaking pretty strong, we all woke up in a panic".
CVS spokesperson: Aetna is staying in Hartford
New York City economic development officials said they were rescinding a previous offer of some $9.6 million in tax breaks. Its planned move followed by just 18 months the announcement of General Electric Co. that it will relocate to Boston.