ANI
16 Apr 2019, 13:25 GMT+10
Mumbai (Maharashtra) [India], Apr 16 (ANI): Benchmark indices hit fresh record highs in the morning trade on Tuesday with investors optimistic on upcoming corporate earnings for the final quarter of 2018-19.
The SP BSE Sensex hit a new peak of 39,277.96. At 12:40 pm, the Sensex was up 340 points at 39,246 while the Nifty 50 had gained 90 points at 11,780.
In sectoral indices, private banks led the gains followed by FMCG and financial services.
ICICI Bank, Reliance Industries, LarsenToubro, Tata Consultancy Services and ITC were the major contributors.
On Monday, the Indian Meteorological Department forecast near-normal rains for the monsoon season, lifting worries over the possibility of below-normal rainfall.
Meanwhile, shares in Asian markets traded on a positive note as investors weighed earnings in the United States and Japan.
The US-China trade dispute is showing signs of progress but a slowdown in global corporate earnings and bleak investment climate have put pressure on risk assets. (ANI)Get a daily dose of Dublin News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Dublin News.
More InformationREDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
DUBLIN, Ireland: Irish Rail incurred over 26,000 euros in damages due to a series of graffiti incidents carried out by a 24-year-old...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
DUBLIN, Ireland: Taoiseach Micheál Martin has expressed cautious optimism that the European Union and the United States can strike...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
DUBLIN, Ireland: Despite extreme heat gripping much of mainland Europe, Irish holidaymakers are pressing ahead with their travel plans,...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...