Sensex Zooms 219 Points to 31907, Nifty Hits 10000

Sensex opens on higher note rallies nearly 200 points Nifty up by 10,000

Sensex opens on higher note rallies nearly 200 points Nifty up by 10,000

Domestic equity markets are likely to open on a positive note on Tuesday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and firm global cues. During the session, Nifty also touched a low of 9,968.80. The pan-European Stoxx Europe 600 index climbed 1 percent. MTNL (up 1.26%), Reliance Communications (up 0.90%) and Tata Teleservices (Maharashtra) (up 0.15%), edged higher. Germany's ThyssenKrupp said it could reach an in principle agreement this month to merge its European steel business with that of Tata Steel. Japan's Nikkei added 1.0 per cent. IndusInd Bank and Bharat Financial Inclusion rose 5.6% and 3.5%, respectively. The Nasdaq Composite Index rose 72 points to finish at 6,432 and the S&P 500 rallied 27 points to close at 2,488.

Indiabulls Real Estate has acquired a 13,519 square meter land in Gurugram for an undisclosed amount to a develop commercial complex on the plot. The IPO, with an aim to raise over Rs 500 crore, received bids for 18,78,510 shares against the total issue size of 28,11,280 shares. The Sensex went up 195 points, powered by auto stocks after a less-than-expected GST cess hike and rising vehicle sales. Because of the buying pick-up, the 30-share BSE index opened higher and hit the day's high of 31,952.87, but settled at 31,882.16, up 194.64 points - 0.61 per cent.

The rupee today retreated from its one-month high to end lower by 15 paise to 63.93 a dollar on overwhelming demand for the American currency from corporates and banks.

Harry may make first official appearance with Meghan Markle during Toronto trip
Prince Harry will also attend a few additional events including visiting @CAMHnews, present awards @intaward and attend @CIMVHR_ICRSMV".

The gauge had gained 220.19 points in the previous three sessions.

Investors, however, remained cautious over the possible economic impact of Hurricane Irma in the United States as it chewed its way up the Florida coast, knocking out electricity to 3 million homes and businesses statewide. The sentiment also supported by higher Asian markets as investors reacted with relief after North Korea refrained from conducting another missile test this weekend.

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