Mumbai, May 17 (DIN NEWS)<\/b>\u00a0Snapping a two-day falling streak, benchmark stock indices opened on a positive note today after BJP’s B S Yeddyurappa was sworn in as the chief minister of Karnataka.<\/p>\n
Unabated buying by domestic institutional investors set the tone, brokers said.<\/p>\n
BJP legislature party leader B S Yeddyurappa was today sworn in as the chief minister of Karnataka for the second time, after an overnight high-voltage legal battle in the Supreme Court.<\/p>\n
The 30-share Sensex bounced 122.13 points, or 0.34 per cent, to 35,510.01. It had lost 168.83 points in the previous two sessions.<\/p>\n
All the sectoral indices, led by consumer durables, realty, metal, power and banking, were in the green.<\/p>\n
The NSE Nifty also jumped 36.15 points, or 0.33 per cent, to 10,777.25.<\/p>\n
Major movers in the Sensex kitty included Coal India, Power Grid, Wipro, SBI, Kotak Bank, Sun Pharma, ICICI Bank, TCS, Infosys, M&M, L&T and Maruti Suzuki, rising up to 1.79 per cent.<\/p>\n
Tata Steel, however, fell 0.83 per cent despite the company yesterday reporting a consolidated net profit of Rs 14,688.02 crore for the fourth quarter ended March, 2018.<\/p>\n
Domestic institutional investors (DIIs) bought shares worth a net Rs 229.06 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 699.22 crore yesterday, as per provisional data.<\/p>\n
In the rest of Asia, Japan’s Nikkei rose 0.44 per cent, Hong Kong’s Hang Seng inched up 0.01 per cent, while Shanghai Composite Index shed 0.35 per cent in early deals.<\/p>\n
The US Dow Jones Industrial Average ended 0.25 per cent higher yesterday as retailers results and solid economic data boosted confidence in the American economy.<\/p>\n\n","protected":false},"excerpt":{"rendered":"
Mumbai, May 17 (DIN NEWS)\u00a0Snapping a two-day falling streak, benchmark stock indices opened on a positive note today after BJP’s B S Yeddyurappa was sworn in as the chief minister of Karnataka. Unabated buying by domestic institutional investors set the tone, brokers said. BJP legislature party leader B S Yeddyurappa was today sworn in as the chief minister of Karnataka for the second time, after an overnight high-voltage legal battle in the Supreme Court. The 30-share Sensex bounced 122.13 points, or 0.34 per cent, to 35,510.01. It had lost 168.83…<\/p>\n","protected":false},"author":1,"featured_media":11040,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,4],"tags":[],"_links":{"self":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/11134"}],"collection":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11134"}],"version-history":[{"count":1,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/11134\/revisions"}],"predecessor-version":[{"id":11135,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/11134\/revisions\/11135"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/media\/11040"}],"wp:attachment":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}