Sensex rises over 150 points; Nifty above 10200

Terry Joseph
December 10, 2017

Australian stocks put on 0.4 per cent.

Similarly, the broader NSE Nifty soared 122.60 points, or 1.22 per cent, to close at 10166.70 after hovering between 10061.90 and 10182.65.

The benchmark index of Bombay Stock Exchange (BSE) rallied further on Friday by 301.09 points at 33,250.30 on buying by retail investors and domestic institutions has gathered momentum amid strong global cues.

Market breadth was positive with 1,272 advances against 316 declines. FPIs have been net sellers in six out of the last seven trading sessions, during which they have sold shares worth nearly Rs 5,400 crore. With the help of November investment figures, the net inflow into equity schemes of mutual funds for the current fiscal crossed Rs 100,000 crore for the first time in a financial year at Rs 110,791 crore between April and November 2017.

North Korea says UN envoy expressed willingness to ease tensions
Ri held a conversation with Feltman, who also paid a courtesy visit to the Supreme People's Assembly (North Korea's Parliament). Feltman's visit came right after the US and South Korea launched their biggest-ever, annual joint air exercises.

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Flynn said that Russian Federation sanctions would be 'ripped up,' whistleblower says
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Money managers believe that the focus will continue to be on the Gujarat polls in the days to come and is likely to keep the market on edge. Bharti Airtel, Tata Motors and Maruti were the top gainers on Sensex.

Foreign portfolio investors (FPIs) utilised the rise in the market to offload shares worth Rs 675.2 crore, while Domestic Institutional Investors bought shares worth Rs 1,243 crore, provisional data showed.

Asian markets were trading higher following a broad-based rally in USA equities.

In contrast, Hero MotoCorp, SBI, Reliance Industries, TCS, Asian Paint and Dr Reddy's succumbed to profit-booking. Shares of Jet Airways settled almost 5 per cent down on the bourses after the private carrier reported a weak September quarter earnings. The BSE FMCG index topped with a robust 2.23 percent rise, followed by metal 1.36 percent, healthcare 1.35 percent, consumer durables 1.15 percent, oil & gas 1.02 percent, auto 0.97 percent, bankex 0.92 percent and realty 0.72 percent. In keeping with the overall trend, the small-cap and mid indices rose 1% and 0.89%.

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