Biz-novosti

India shares post second week of gains on earnings, new tax rates


On Wednesday, the gauge had closed at a fresh lifetime peak of 30,658.77 after climbing to a new intra-day record- high of 30,692.45.

JSW Steel's net profit zoomed to Rs 1,003 crore from Rs 367 crore in the corresponding period last year while income from operations rose 60 percent to Rs 16,952 crore as against Rs 10,615 crore in the year-ago period, the company said in a statement. Analysts expect SBI to report net profit of Rs 2,628 crore on net interest income of Rs 15,448 crore. HUDCO shares up 22 per cent at 73.45 in pre-market session.

The key indices, which opened on a higher note following a rebound in global cues and the Goods and Services Tax (GST) Council's fitment of 1,211 goods in the tax slabs, were pulled lower during afternoon trade. ITC was the top Nifty gainer, up 4 per cent at Rs 289. Reliance Industries, India's biggest private company by revenue, fell 2.4%, while state-run Oil & Natural Gas Corp. declined 2.6%, hurt by the recent decline in global crude oil prices.

The stock rose on impressive volumes today. The broader 50-share NSE Nifty touched a high of 9,505.75 at the outset, but succumbed to profit-booking and settled 1.55 points, or 0.02 per cent, down at 9,427.90.

Wilson School Board proposes 1.6 percent tax increase
David Locastro (504) and Margaret Vensel (612) were elected to three-year terms on the school board. Jones (173) and David Przestrzelski (161) were all re-elected to three-year school board terms.

Indian shares tumbled on Thursday as political uncertainty surrounding U.S President Donald Trump after the firing of FBI Director James Comey dented demand for riskier assets globally.

In the Asian region, Japan's Nikkei rose 0.19 per cent, Hong Kong's Hang Seng gained 0.15 per cent, while Shanghai Composite Index inched up 0.02 per cent.

Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net Rs 360.59 crore, while domestic institutional investors (DIIs) bought shares worth a net Rs 897.96 crore yesterday, as per provisional data released by the stock exchanges.

It was followed by Yes Bank (Rs. 537.48 million), I T C (Rs. 533.47 million) and State Bank Of India (Rs. 464.19 million).

Related Articles

  • A smitten Abhishek's response to Ash's Cannes look is absolutely adorable

    A smitten Abhishek's response to Ash's Cannes look is absolutely adorable

    When the first time Aishwarya presented Devdas at Cannes in 2002, the film had received an overwhelming response. Looking ethereal in her lovely green Yanina Couture ensemble, Aishwarya is all ready to walk the red carpet.

    'We know they will be tough'

    Japan will be reunited with the Scots, who they lost to as they exited in the pool stage in 2015. New Zealand will face South Africa in the upcoming 2019 RWC pool stage along with Italy .
    Paytm raises $1.4 bn funding from SoftBank

    Paytm raises $1.4 bn funding from SoftBank

    The Paytm payment wallet will move to the Paytm Payments Bank Limited in the same capacity. Softbank has now become the second biggest investor in Paytm , after Alibaba.
  • Planned Parenthood to close 4 Iowa clinics after funding cut

    Planned Parenthood to close 4 Iowa clinics after funding cut

    Over 14,000 patients who trust PP with their care will no longer have access to their provider of choice. By law, federal funds can not be used to pay directly for abortions except in narrow circumstances.

    Maria Sharapova to play in Aegon Classic Birmingham

    The decision will place added scrutiny on Wimbledon's decision whether to offer Sharapova a wildcard into their main draw this summer.
    Reema Lagoo was talent house: Shubhangi

    Reema Lagoo was talent house: Shubhangi

    She played the role of a single mother who leads her life bravely after her husband leaves her for another woman. She played mother to nearly every major star and acted in some of Bollywood's biggest blockbusters.
  • National Hockey League  playoffs: Ducks pull even with Predators

    National Hockey League playoffs: Ducks pull even with Predators

    For the past couple of years, it's held true: nothing's more fierce than a pissed-off Penguin (note: not true in nature). Rinne made a save on a Jakob Silfverberg's backhand attempt in the third period with his right pad to keep the game 2-0.
    3D-printed ovaries successfully produce healthy mice pups

    3D-printed ovaries successfully produce healthy mice pups

    Gelatin is a hydrogel made from collagen, which is found in human's bones and skin and is safe to use inside the body. She said the prosthetic ovaries had been showed to have a "long-term, durable function".
    Ransomware attack should be a 'wake-up call' for governments

    Ransomware attack should be a 'wake-up call' for governments

    The 200,000 victims included more than 100,000 organizations, Europol spokesman Jan Op Gen Oorth told The Associated Press. It locks the user out in order to prevent them from accessing any saved files until they pay a certain amount of money.
  • NASCAR's Regan Smith replaces injured Almirola in Charlotte

    NASCAR's Regan Smith replaces injured Almirola in Charlotte

    We have a protocol that we go by and having Aric and Janice and all of our thoughts and prayers were first and foremost. He's now campaigning for Ricky Benton in the No. 92 Ford in the Camping World Truck Series.
    Trump Asked Comey to Shut Down Flynn Probe

    Trump Asked Comey to Shut Down Flynn Probe

    Mr Trump abruptly fired Mr Comey last week, saying he did so based on his very public handling of the Hillary Clinton email probe. The White House quickly responded to the Times story, claiming in a statement that 'the President has never asked Mr.
    RAW Tag Team Title Match Announced For WWE Extreme Rules

    RAW Tag Team Title Match Announced For WWE Extreme Rules

    The new number one contenders for the Raw Tag Team titles, Sheamus and Cesaro, will continue their feud with the Hardy Boyz . It was originally believed that Braun Strowman would be sidelined for a month or two following elbow surgery.

Comments