Published: Tue, December 26, 2017
Research | By Derrick Holloway

Sensex tops 34000 for first time, Nifty crosses 10500 in opening trade


At 1203 hours, the 30-share BSE index came back to its base level, down 14.19 points, or 0.04 per cent, at 33,926.11.

Mumbai: Taking a cue from global markets, the key Indian equity market indices on Tuesday opened higher after the extended Christmas weekend. Nifty was quoting at 10,502.70 points, up by 9.70 points or 0.09 percent.

Xiaomi enables fast charging for Mi A1 via Android Oreo beta update
Overall, with the Android 8.0 Oreo update, the Mi A1 will become even better device as compared to what it is right now. However, the report says that the test was done using a OnePlus 5T charger, and not the Mi A1's bundled charger.

The Nifty touched a new high of 10,515.10 points on an intra-day basis. The 50-scrip index settled at 10,531, up 38 points, powered by strong gains in metal and pharma stocks.

"Mid and small-cap outperformed on expectation of improvement in rural demand supported by continued government reforms", he added.

United Nations passes tough new sanctions on North Korea
The United Nations Security Council has slapped new sanctions on North Korea in backdrop of its recent ballistic missile tests. Speaking before the Security Council vote, analysts said the new sanctions could have a major effect on the North's economy.

On December 6, Sensex fell 218 points to 32,584.66 in late afternoon trade soon after the Reserve Bank kept the policy rate unchanged at 6 per cent but raised the inflation forecast. The BSE saw its all 19 sectoral indices closing in the green.

In another development, shares of Reliance Communications (RCOM) zoomed and closed nearly 30 per cent higher at Rs 21.33 per share after Reliance Group's Chairman Anil Ambani on Tuesday announced plans to reduce the company's debt by Rs 25,000 crore to Rs 6,000 crore. ONGC, TCS and GAIL were the major gainers in morning trade while Infosys, State Bank of India, ICICI Bank and Lupin were losing the most.

Eric Garner's Daughter, An Advocate Against Police Brutality, Is In A Coma
Her family revealed the young mom learned she had an enlarged heart and her second pregnancy made matters worst. The 27-year-old mother of two is now listed in critical condition at a hospital in Brooklyn, N.Y.

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