Sensex, Nifty close higher; realty stocks outperform

Sensex, Nifty close higher; realty stocks outperform”

The Sensex of the BSE after opening at 29,487.78 points, touched a high of 29,680.63 points and a low of 29,487.78 points.

The BSE Sensex closed 86 points or 0.29 per cent up at 29,422 while the NSE Nifty ended 33 points or 0.36 per cent higher at 9,136.

In terms of investments, provisional data with the exchanges showed that the FIIs sold scrip worth Rs 930.67 crore, while the domestic institutional investors (DIIs) off-loaded scrip worth Rs 878.08 crore.

Broader markets were better-off, with the small-cap and mid-cap gaining more than the benchmark.

Indian shares ended little changed after a choppy trading session on Wednesday, as expectations of stronger quarterly earnings helped offset a sell-off in some banking stocks.

Among individual stocks, shares of India Cements gained 9 per cent to close at Rs 189.90 apiece.

Shares of the country's largest software exporter TCS on Wednesday rose 1.27% to Rs2,338 after the company on Tuesday reported a 4.2% growth in net profit at Rs6,608 crore for the quarter ended March 2017.

Israeli Cancels Family Visits to Palestinian Prisoners on Strike
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Part of what has scientists so excited about LHS 1140 is that it spends less energy sterilizing its neighborhood than Trappist-1. Now, we know of thousands of such planets - and today, scientists may have discovered the best candidate yet for alien life.

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ICICI Bank and Axis Bank too were under pressure and lost up to 2.90 per cent.

Globally, Asian markets ended mixed.

In terms of the broader markets, the S&P BSE mid-cap index was up by 0.66 per cent, while the small-cap index closed higher by 1.14 per cent. In Europe, France's Paris CAC 40 was up 1.02 percent, while Frankfurt's DAX 30 gained 0.23 percent.

Overnight Nasdaq closed in green, up by 0.23 per cent while FTSE 100 was in red, down by 0.47 per cent at the closing on Wednesday.

Mumbai: The 30-scrip Sensitive Index (Sensex) on Tuesday opened on a higher note during the morning session of the trade.

On the other hand, the utilities index inched up by 5.35 points and the power index was up a tad by 0.79 points. The market breadth was positive but narrow as 1,823 shares advanced against a decline of 1,048 shares, while 170 shares are unchanged. "According to average of estimates of analysts polled by CNBC-TV18, profit during the quarter is seen rising 17.6 percent year-on-year to Rs 3,966.6 crore and net interest income may increase 16.5 percent to 8,684.4 crore compared with year-ago period".

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