Sensex Ends At 28,35-Mark; IT, Metal Save The Day

16 February, 2017, 01:00 | Author: Celia Hoffman

Indian equities markets traded on a flat note - marginally in the red - during the mid-afternoon trade session on Tuesday as disappointing macro-economic data, coupled with broadly negative Asian indices and profit booking, subdued investors' sentiments.

Meanwhile, the broad based NSE Nifty fell by 67.60 or 0.77% at 8,724.70 with 40 components posting drop. Hong Kong's Hang Seng rose 0.58% and Japan's Nikkei gained 0.41% following another record close in the US markets on Friday as investors cheered US President Donald Trump's promise of details on tax reform and his softer tone on China and Japan. However, Mid-cap declined 154 points and Small-cap too fell 204 points.

Tata Motors was the worst performer on the Sensex, plummeting 10.32 per cent to Rs 436.55 after the company yesterday reported a steep 96.22 per cent decline in consolidated net profit for the December quarter. Sun Pharma shares tumbled 4.3 percent after the drug major reported a 5 percent drop in Q3 net profit amid lackluster sales in two of its largest markets - USA and India.

It was followed by Tata Steel 2.57 per cent, Adani Ports 2.09 per cent, Hero Motoco 1.99 per cent, ICICI Bank 1.49 per cent, Maruti 1.32 per cent, Dr reddy 1.27 per cent, NTPC 1.08 per cent and Bharti Artl 0.99 per cent. There were more than three losers against every gainer on BSE.

Claude Julien named head coach of Bruins' longtime bitter rival
Julien, the B's all-time winningest coach and 2009 Jack Adams victor , had a 26-23-6 record with the Bruins this season. The Montreal Canadiens announced Tuesday that Julien has been named the head coach of the Bruins' rival.


Dozens dead as Taiwan tour bus flips over near Taipei
It was taking tourists back from a trip to see cherry blossoms when it crashed, Taipei city Deputy Mayor Teng Chia-ji said. According to reports, the bus was 19 years old and belonged to an agency that runs tours across Taiwan.


Sargento Recalls Select Sliced, Shredded Cheese Products
There have been no known illnesses reported to the company due to the products affected by the recall, the company says. Sargento Sliced Colby-Jack Cheese, 12 oz., UPC 4610000109 with sell-by date of 11JUN17B.


Realty major DLF lost 7 percent on reporting a 46 percent fall in quarterly profit post demonetization.

The volume chart was led by Jaiprakash Associates with trades of over 7.60 million shares.

The total turnover on BSE amounted to Rs 3,412.57 crore, higher than turnover of Rs 2,694.12 crore registered during the previous trading session.

Recommended:

  • Federal judge halts Trump travel ban for Virginia residents

    Federal judge halts Trump travel ban for Virginia residents

    She noted that a "Muslim ban" was a key part of Trump's campaign, and a press release calling for it remains on his website. Because the Commonwealth is likely to be successful in its claim, the judge granted Attorney General Mark R.

    Muscular dystrophy drug cost escalates to $89000 per year

    This voucher can be used to get a drug reviewed faster; it can also be sold to other company for hundreds of millions of dollars. Marathon said that as of now just around seven to nine percent of those afflicted with Duchenne have access to deflazacort.

    Several dead after landslides in Indonesia's Bali

    The agency said more heavy rains are likely and people should be aware of the possibility of landslides and floods. As of Friday, the count of people injured in the landslide is at four, said Bangli BPBD director I Wayan Darmawan.
  • Kanye West Suffering From Memory Loss After 2016 Hospitalization

    Kanye West Suffering From Memory Loss After 2016 Hospitalization

    However, Kanye is reportedly not making any new music at the moment and just focusing on healing. Kanye said in October: "The album I listened to the most this year is Frank Ocean's album".

    Trump's Treasury pick failed to disclose Cayman funds

    Senator Joe Manchin of West Virginia was the only Democrat to vote in favour of Mnuchin. But Senate Democratic leaders still looked to score some points before Mnuchin's vote.
    After 54 years, Chinese soldier Wang Qi arrives in Beijing from India

    After 54 years, Chinese soldier Wang Qi arrives in Beijing from India

    A Chinese man who was trapped in India for more than 50 years has finally been reunited with his family. But his case was made public and he was visited by Chinese diplomats who promised to take him back.
  • Russia Violates Treaty, Deploys Cruise Missile

    Officials say Russian Federation secretly deployed a cruise missile in violation of a treaty that helped end the Cold War. The White House did not immediately respond to CNBC's request for comment.

    Should The Tennessee Titans Sign Victor Cruz?

    At 30-years old, Cruz is not in his prime and has yet to show he can be the same player he was before he tore his patellar tendon. He was facing a $9.4 million cap number, and given his injuries and 2016 production, that simply was not happening.
    Donald Trump's Home Line Dropped From Sears & Kmart For Poor Sales

    Donald Trump's Home Line Dropped From Sears & Kmart For Poor Sales

    Neither Sears nor Kmart carried the Trump Home products in their retail stores, a Sears Holdings Corp spokesman said. Sears and Kmart said they stopped selling online 31 Trump Home items, including furniture, lighting, and bedding.
  • Verizon brings back unlimited data plan on 4G network

    Verizon brings back unlimited data plan on 4G network

    However, in recent months, other carriers have been bringing it back. "We also fundamentally want you to have more choice". Users will pay $50 for a single line, $30 for two lines, and all other additions up to five will be free.

    Northeast storm blamed for one death and massive gridlock

    Officials said they have not made a decision on whether to shut the Long Island Expressway, the main roadway on the island. The winter blast comes a day after much of the Northeast saw spring-like weather, with temperatures of 50 to 60 degrees.

    Adams: Thunder discusses distraction of Durant return

    The big three were surprise additions after they were reportedly out for this game, but they- by they I mean Kyrie- put on a show. Ilyasova was the only starter in double figures with 16 points for Philadelphia, which snapped a five-game losing streak.


Popular

Champions League: Home win vital as Real Madrid entertain in-form Napoli
Napoli's main goal threat also tested Navas, but the Costa Rican stopper ably came and met his effort from Insigne's through ball. Watch as Casemiro makes it 3-1 in favour of Madrid , with an inch-perfect volley that was destined for the back of the net.

Cardinals prospect Alex Reyes to undergo Tommy John surgery
Reyes is going to get a second opinion on his ailing elbow, but it appears that his season will be over before it even began. Reyes had been feeling soreness in the days leading up to camp and didn't throw his scheduled bullpen session on Tuesday.

National Football League warns Seahawks for not listing Richard Sherman on injury report
The controversy didn't begin until after the season, when Pete Carroll revealed that his star cornerback played a substantial chunk of the season with an MCL injury.

Nuggets destroy Warriors at their own game
Barton drove to the basket and connected on a floater as the Nuggets reeled off a quick-fire 8-0 run to put the game out of reach. Stephen Curry had one of the worst games of his career, shooting 1-of-11 from deep while clanking a number of excellent looks.

Toshiba mulls sell off all of chip business
In England, Toshiba's announcement that it would withdraw from nuclear construction contracts outside of Japan hasn't played well. Toshiba confirmed today that it will take a $6.3 billion hit thanks to its problematic US-based nuclear construction business.

Angry Bilic says referee was bad after West Ham denied
I calmed myself down these last few years but now I can't get over this . It would be a great thing for him and a great thing for the club.

Erdogan: Turkey, FSA close to capturing Syria's Al-Bab
Both Russia and Turkey have been conducting air strikes in Al Bab, which has been held by the Islamic State group since December. Al-Bab is special because it is the only place in Syria where all four have significant forces in close proximity.

Semi-truck crushes Wyoming cop cruiser in viral video
The WHP shared the video to help people understand how important it can be to heed high wind warnings and advisories. Strong winds are to blame for a semi truck that smashed a Wyoming State Trooper's vehicle last week along I-80.

Sensex, Nifty end flat ahead of IIP numbers
Shanghai Composite closed 0.12 per cent lower while Japan's Nikkei was down 0.35 per cent and Hong Kong shed 0.07 per cent. Indian shares ended on a flat note on Friday, even as IT stocks posted widespread gains for the second day running.

Heartbreak Hitler: Nazi Valentine's card handed out by College Republicans in MI
A valentine featuring a photo of Adolf Hitler and an anti-Semitic message was distributed during the meeting. He also wonders "just what else those people say when it's just members of the College Republicans".