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Nifty Ends Above 10000 As Banking Shares Rally; IndusInd Surges 6%

12 September, 2017, 07:41 | Author: Jeff Stephens
  • BSE Sensex|Reuters

However, some profit booking in recent gainers pulled the index down to a day's low of 31,797.89 points. IndusInd Bank shared had risen as much as 6 per cent to a 52-week high of Rs 1,799.10 during intraday trade. Shares of Bharat Financial Inclusion ended 3.4 per cent higher at Rs 966.90, after hitting a 52-week high of Rs 979 earlier in the session. Intra-day, it went up by 4.59 per cent to Rs 979 - its 52-week high.

In the Sensex kitty, Tata Steel emerged as top gainer surging by 4.27 percent to Rs 689.55 after the company concluded a new agreement under which its United Kingdom business stands separated from the 15-billion pound British Steel Pension Scheme (BSPS).

Auto shares also witnessed buying as the increase in Goods and Services Tax (GST) was less wide-ranging than expected.

Bayern Munich star confirms he rejected Man Utd switch
Lewandowski said he feared Bayern would be left behind if they did not invest heavily in the transfer market. 'We need time. Rummenigge told Bild: "I am sorry for what Lewandowski said". "Obviously Robert was irritated by PSG's transfers".

India's direct tax collections in the first five months of the current fiscal grew by 17.5 percent to Rs. 2.24 lakh crore, the government said in a statement. Auto stocks gained on stock exchanges as the increased GST cess on mid- sized, luxury and SUV cars comes into effect starting today- September 11, 2017.

Vinod Nair, Head of Research, Geojit Financial Services, said, "domestic market inched up supported by positive impetus in global market due to weakened hurricane Irma in United States and sign of melting geopolitical tensions".

Investors are looking forward to August CPI inflation and July IIP data on Tuesday for any turnaround after the disruption caused by GST.

Myanmar kills 3000 Rohingya Muslims in Rakhine
Myanmar denies Rohingya exist as an ethnic group and says those living in Rakhine are illegal migrants from Bangladesh. ARSA's declaration drew no formal response from the military or the government of Buddhist-majority Myanmar.

Mumbai: Global markets are heaving a momentary relief after North Korea did away with plans for a second missile test, that it meant to test during the weekend. It had gained 25.55 in the previous two sessions.

Investors, however, remained cautious over the possible economic impact of Hurricane Irma in the U.S. as it chewed its way up the Florida coast, knocking out electricity to 3 million homes and businesses statewide.

Conor McGregor is being sued for his UFC 202 bottle-throwing incident
Just days removed from the biggest fight of his young career, UFC champion Conor McGregor is headed to another battle. The lawsuit for the August 17, 2016 incident was filed in court, March 28, 2017, seven months after the incident.


  • Rahul Gandhi off to USA , his 2nd foreign trip in 20 days

    Rahul Gandhi off to USA , his 2nd foreign trip in 20 days

    He is also expected to meet members of the business community at a session held by the US-India Business Council. Congress vice-president Rahul Gandhi at UC Berkeley: "I support their (Sikh protesters) quest for justice".
    Years from the Attacks on the Twin Towers in NY

    Years from the Attacks on the Twin Towers in NY

    The militants had two targets, The World Trade Center in New York City and the Pentagon based just outside of Washington, DC. Bush sits at his desk in the Oval Office after addressing the nation about the terrorist attacks on NY and Washington, D.C.
    Iran's Velayati: Israel behind Massacre of Muslims in Myanmar

    Iran's Velayati: Israel behind Massacre of Muslims in Myanmar

    Tension has always been high between the Rohingya Muslims and Rakhine Buddhists, leading to bloody rioting in 2012. The military said it was responding to attacks by Rohingya militants and denied it was targeting civilians.
  • Humboldt Bay Firefighters honor fallen first responders at 9/11 Memorial Stair Climb

    Humboldt Bay Firefighters honor fallen first responders at 9/11 Memorial Stair Climb

    Red Rocks is home to the largest 9/11 Memorial Stair Climb in the country. "The fire service made a promise to never forget". Each climber carries the name and climbs to honor one of the 343 firefighters who died in the terrorist attack.
    India's First Bullet Train to start by 2023; Sanjeev Sinha named adviser

    India's First Bullet Train to start by 2023; Sanjeev Sinha named adviser

    The distance will be covered in 2 hours and 7 minutes if it stops at four stations namely Ahmedabad, Vadodara, Surat and Mumbai. Prime Ministers of India and Japan, Narendra Modi and Shinzo Abe, will flag off the project on September 14th in Ahmedabad.
    Irma continues destructive path in Florida

    Irma continues destructive path in Florida

    Parts of SC are under a tropical storm warning on Monday as Hurricane Irma continues to make its way up the Florida peninsula. Also approximately 146,000 customers with Georgia electric membership cooperatives did not have power at 10 a.m.
  • Panthers Made Light Work Of 49ers In Week 1 Matchup

    Panthers Made Light Work Of 49ers In Week 1 Matchup

    Shanahan said he would take some time to go back and look at those situations to decide if he needs to alter his thinking. It was a heavy workload for a guy playing in his first game at this level and shows Carolina's confidence in him.
    Outage Maps: Irma Leaves Millions Without Power In Florida

    Outage Maps: Irma Leaves Millions Without Power In Florida

    Officials had to cool down the nuclear reactors after shutting down the plant. "We have about 65 percent of the state out without power", said Florida Gov.
    MPs URGED to back 'chaotic' Brexit and not to 'frustrate' the process

    MPs URGED to back 'chaotic' Brexit and not to 'frustrate' the process

    Labour will oppose the second reading of the bill in a major vote in the early hours of Tuesday. A number of votes - including on an amendment from Labour - will take place after midnight.
  • Hurricane Jose Meanders in the Atlantic

    Hurricane Jose Meanders in the Atlantic

    Obviously there are significant track errors that far out so we will just need to monitor the situation over the coming week. Warm Tropical Atlantic sea temperatures are likely to lead to a very active hurricane season.
    Russia To Close American Consulate For 'Diplomatic Parity'

    Russia To Close American Consulate For 'Diplomatic Parity'

    Currently, American diplomats may officially enter Russia at more entry points than Russians are allowed to enter the U.S. Russia might limit the number of American staffers allowed to travel outside the diplomatic missions' zones.
    Hurricane Irma leaves Florida powerless, moves north

    Hurricane Irma leaves Florida powerless, moves north

    In Tallahassee, crews were pulled off the road early Monday because of high winds, according to NPR member station WFSU. At 8:00 Monday morning, Irma's peak winds decreased to 70 miles per hour , and has dropped to tropical storm status.


Campylobacter Puppies Linked to Outbreak Traced to Petland
Investigators say evidence indicates that puppies sold through Petland stores are a likely source of this current outbreak. Contact tracing in the seven affected states found that each illness involved the same strain of the bacteria.

Troy Gentry, Half of Country Duo Montgomery Gentry, Dies at 50
The Grand Ole Opry will host the celebration, which is open to all, and will also live stream the event for fans out of state. Gentry was pronounced dead at the hospital, and pilot James Evan Robinson died on the scene, according to CNN .

Scary Software Uses Your Face Pic To Determine if You Are Gay
In comparison, human judges didn't get anywhere near these levels of accuracy, with a 61% success rate for men and 54% for women. Worse again, that anti-gay governments - such as Russian Federation - could use it to target members of a country's population.

Dogs in the bed may be preventing quality sleep
According to a study conducted by the Mayo Clinic, keeping pets in your bedroom could actually improve your quality of sleep . Thus, further research is required to understand the association between letting your dog sleep in the bedroom or not.

'SNL' hosts Dave Chappelle, Melissa McCarthy win Emmys
Despite giving audiences one of the best comedy series to hit TV, Dave Chappelle was never an Emmy award victor until now. She has been nominated several times in the category for her guest work on the live comedy sketch program.

Daviess Co. Officials Report West Nile Mosquitoes, 4 Cases Confirmed in Ky
The North Central District Health Department in O'Neill says a mosquito trapped in Holt County has tested positive for the virus. In less than one per cent of cases, people develop sever neuro-invastive disease, which is potentially fatal.

Saints can't use franchise tag on Drew Brees, report says
He struggled mightily in the third pre-season game and any thoughts of improvement were decimated in the process. The move on Johnson was a bit of a surprise considering his strong preseason.

Denver Broncos: Week One Players To Watch
Phillip Rivers lost Keenan Allen in the opener a year ago , and Melvin Gordon failed to finish the season with multiple injuries. Facing an opportunistic, aggressive Denver defense on Monday night, taking care of the ball obviously will be a key.

Germany's Merkel Points to Iran Talks as Model for NKorea
German officials blocked rallies connected to Turkey's referendum campaign to expand the powers of President Recep Tayyip Erdogan. Turkish citizens are warned to refrain from political discussions ahead of the national legislative elections of October 24.

More than 10000 flights canceled due to Irma
Along Florida's Gulf Coast, neither Tampa International nor Southwest Florida International were expected to resume service. Some airlines will fly crews in Monday to prepare to resume operations the next day, officials said.