Friday, 17 November, 2017

Nifty retreats from record highs; Axis Bank slumps

Sensex and Nifty both touched an all time high Sensex, Nifty End Range-bound Session Flat
Marlene Weaver | 18 October, 2017, 13:16

The 30-scrip Sensitive Index (Sensex) provisionally closed 24.48 points or 0.08 per cent lower during the day's trade.

The Nifty50 was trading at 10,199.10, up 35.35 points, or 0.35 per cent. Within minutes of trading, both the key indices extended losses.

The Reserve Bank of India (RBI) has found that Axis Bank under-reported its bad loans (non-performing assets) by Rs 4,867 crore from eight accounts during 2016-17, of which the bank is the lead in one and sole lender in another, where the bank may get back the entire amount of Rs 1,100 crore post a business sale transaction.

Braid-chopping incidents surge across Kashmir
A soldier was beaten up by a mob on suspicion of being involved in a braid-chopping incident in north Kashmir's Kupwara district. A police said that the soldier had been assaulted by local boys after it was alleged that he was involved in braid chopping.

The NSE Nifty, which opened the day at 10,195, was trading at 10,192 points, down 42 points or 0.41 per cent lower on its previous close. The stock of Axis Bank 7.44% to hit the day's low of Rs 475 on BSE. "Buoyancy on the local front helped the index to make a firm start as participants took note of Reliance's results and contraction in the trade deficit figure", said Jayant Manglik, president, retail distribution, Religare Securities. PCJ the company is claiming 30% rise in their sales after GST.Bajaj Auto Manufacturer of The two-wheeler Resulted in a 1% decline in net profit to Rs 1,123 crore for the quarter ended in September due to rising input cost and flat sales of the two-wheeler. Stocks like Bharti Airtel and M&M, Tata Motors were among the top gainers surging between 1-5% each.

The US Dow Jones Industrial Average ended 0.18 per cent higher yesterday. Shanghai Composite gained 0.27 per cent. Japan's Nikkei index was up 0.11 per cent, Hang Seng fell 0.07 per cent while Kospi traded 0.15 per cent higher.

Recommended

  • Hero Mandalay Bay security guard disappears

    Hero Mandalay Bay security guard disappears

    Schuck then declined further interviews. " When the first shooting started, I was kind of frozen for a second ", Schuck said. At this time , Campos has not officially been reported as a missing person.
    'Games of Thrones' Star Sophie Turner Engaged to Joe Jonas

    'Games of Thrones' Star Sophie Turner Engaged to Joe Jonas

    She's young but mature and comes from a small English town, so it's not that out of the ordinary and age doesn't create an issue. Speaking of the Jonas Brothers, both Nick and Kevin are stoked about welcoming Turner to their family.
    Sears' stock tumbles after CIO of large shareholder steps down from board

    Sears' stock tumbles after CIO of large shareholder steps down from board

    In recent trading day Sears Holdings Corporation (SHLD ) stock showed the move of -11.52% with the closing price of $5.99. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold.
  • New Nokia 9 Concept Video leaked, shows dual rear cameras

    New Nokia 9 Concept Video leaked, shows dual rear cameras

    A gif also teases a dual camera module with ZEISS branding that looks nothing like the dual camera setup found on the Nokia 8 . As far as the design of the Nokia 7 is concerned, it may feature a metallic frame along with glass or polycarbonate chassis.
    PayPal Holdings, Inc. (PYPL) Shares Sold by Garcia Hamilton & Associates LP DE

    PayPal Holdings, Inc. (PYPL) Shares Sold by Garcia Hamilton & Associates LP DE

    Mizuho reiterated a "hold" rating and issued a $50.00 target price on shares of PayPal Holdings in a research note on Sunday. If you are reading this report on another domain, it was stolen and republished in violation of worldwide copyright law.
    Blac Chyna will be suing the Kardashians for 'murder'

    Blac Chyna will be suing the Kardashians for 'murder'

    Blac Chyna is launching a lawsuit against her ex-boyfriend Rob Kardashian and his family over the termination of her reality show. Rob & Chyna was to complement the Kardashians' TV empire, but as their relationship soured, so too did the venture.
  • Rio Tinto to Vigorously Defend Fraud Allegations

    Rio Tinto to Vigorously Defend Fraud Allegations

    When Rio Tinto acquired the Mozambique mine, its valuation was based on a plan to move rapidly into coal production. The complaint alleges Albanese then repeated and reinforced the false outlook for the project in public statements.
    Seven policemen killed in Pakistan blast

    Seven policemen killed in Pakistan blast

    Abdur Razzaq Cheema, the police chief in Quetta , says 22 people were also wounded, several critically. Cheema, the police chief, said the gunmen fired multiple shots on him before fleeing.
    QS University Rankings: Asia 2018

    QS University Rankings: Asia 2018

    Delhi University holds the number one ranking in India, with a world ranking of 397, followed by IIT Delhi which has a world ranking of 399.
  • Guardiola Backs Man City To Excel In UCL, Rates De Bruyne High

    Guardiola Backs Man City To Excel In UCL, Rates De Bruyne High

    Jesus, himself in form with eight in 11 this term, added a quick-fire second from the next attempt on target when picked out by a superb back-post delivery from Kevin De Bruyne . "I cannot say.
    Liverpool confirm 21-man squad for Champions League clash against Maribor

    Liverpool confirm 21-man squad for Champions League clash against Maribor

    Jurgen Klopp has revealed he will not be rotating his squad for tonight's UEFA Champions League clash away to Maribor. Tuesday could be the night when Jurgen Klopp & co. finally break the duck as they visit Maribor.
    Ed Sheeran Cancels Upcoming Concerts Due To Injury

    Ed Sheeran Cancels Upcoming Concerts Due To Injury

    Ed Sheeran added that his upcoming shows scheduled in Taipei, Osaka, Seoul, Tokyo, and Hong Kong will not go ahead as planned. Earlier in the year, Ed revealed that Princess Beatrice cut his face by mistake during a costume party, with a sword!

Wipro September Quarter Profit Rises 6% Wipro September Quarter Profit Rises 6% Wipro said while the top 10 accounts accelerated momentum by growing 4.3 per cent sequentially, digital revenues stood at 24.1 per cent of its IT services revenues.

Elliot Hospital hosts celebration for breast cancer survivors Elliot Hospital hosts celebration for breast cancer survivors That statistic is staggering - ONE in EIGHT women will develop breast cancer at some point. Prevention includes self-breast checks and regular screenings for other types of cancer.

Happy Diwali 2017: Images, Wishes and Greetings Happy Diwali 2017: Images, Wishes and Greetings Here we bring you how our television celebrities are planning to celebrate it! Illuminate your life and your home. May your friends respect you, your troubles neglect you, your family protect you, and negativity not affect you.

Kenya Electoral Official Quits Saying Vote Won't Be Credible Kenya Electoral Official Quits Saying Vote Won't Be Credible Odinga withdrew from the repeat poll last week, saying the election board had not carried out reforms demanded by the opposition. Her sudden resignation comes as a shocker as the country heads for repeat Presidential elections on October 26.

Jose Mourinho: I'm sure I won't end my career at Manchester United Jose Mourinho: I'm sure I won't end my career at Manchester United Mata was pleased with Manchester United's goalless draw with Liverpool at Anfield despite the negativity surrounding the result. And I go back to when [Peter Schmeichel] was playing - you had possibly six big games .

Whistleblowers claim Crown Casino tampered with pokies Whistleblowers claim Crown Casino tampered with pokies The other claims will be "thoroughly investigated" by the Victorian Commission for Gambling and Liquor Regulation , it confirmed. This money, he said, could be the proceeds of tax fraud or could end up funding terrorism.

Gregg Popovich calls Trump a 'soulless coward' following deaths of 4 soldiers Gregg Popovich calls Trump a 'soulless coward' following deaths of 4 soldiers Popovich said he is "amazed and disappointed by so much" of what Trump has said and the job he's done running the country. But I like, I like the combination of - I like, when I can, the combination of a call and also a letter".

Haryana: 22-year-old singer shot dead by unidentified assailants in Panipat Haryana: 22-year-old singer shot dead by unidentified assailants in Panipat The singer, who specialised in Haryana folk songs, was returning to Delhi after a show at a village in Panipat . Following the incident, a murder case was registered by the police and the investigations are underway.

Chelsea v AS Roma Chelsea v AS Roma We had enough chances to win the game, but it wasn't a good performance from the team. "My present is very important". Chelsea are already out of the Premier League title race this season, according to Joey Barton.

ENERGY TRANSFER PARTNERS (NYSE:ETP) Sale Analysis Morgan Stanley reiterated an overweight rating on shares of Energy Transfer Equity, L.P.in a report on Tuesday, September 5th. Mai Capital Management sold 9,197 shares in quarter ending 09/30/2017 decreasing its exposure to Energy Transfer Equity, L.P.

Technical Indicators Alerts: US Bancorp (USB), American Express Company (AXP) Technical Indicators Alerts: US Bancorp (USB), American Express Company (AXP) It last reported revenues of $8.31 billion and EPS of $1.47 for the June 2017, representing 1% top-line growth and 2.1 EPS growth. In the same period and profit is predicted to grow from $4,428M to $7,046M in the next couple of years, roughly growing 1.4x.

U.S. and Japanese Officials Arrive in Seoul for Talks on N.Korea U.S.  and Japanese Officials Arrive in Seoul for Talks on N.Korea US President Donald Trump would not confirm Monday whether he plans to visit the demilitarized zone in Korea next month. Asked if he was afraid of provoking North Korea by going to the DMZ, he said, "We'll take a look at that".

Socialism with Chinese characteristics enters new era: Xi Socialism with Chinese characteristics enters new era: Xi One of the most important signals for that would be whether or how often - Xi is referred to as "lingxiu", or leader. Long lines were seen earlier this week at railway stations due to additional checks at transport hubs.

Clinton got more votes than Trump -- Paula Dent Clinton got more votes than Trump -- Paula Dent Trump also said that Clinton blaming Russian Federation for her defeat is an excuse. 'I think I'm in a position where my voice will actually be magnified - because I am not running, ' she said.

Nbn complaints surge 159% in FY17 Nbn complaints surge 159% in FY17 About 90 per cent of grievances were from residential consumers, while nearly 12 per cent came from small businesses. NBN does not sell directly to consumers, but provides the connection that retail service providers then sell.