Market opens on higher note despite weakness in Asian stocks

Healthy Q4 results, auto sales numbers push equity indices higher

The Bankex was down 0.13 per cent but the Finance Index was up 0.01 per cent.

Investors were cautious after a largely weak performance on Wall Street overnight as some disappointing earnings reports offset strong economic data, while bond yields slid after a surprising slowdown in euro zone inflation.

Commenting on the day's trade, Geojit Financial Services' Head of Research Vinod Nair said that: "Market continued to fall amid weak global cues and flight of foreign funds ahead of U.S. job data". The index had gained almost 12 percent in the previous month on the back of a weaker rupee and strong earnings from IT majors. During the day, it shuttled between 10,720.60 and 10,647.45.

Three miners still trapped underground at Sibanye Stillwater mine
Rescue operations have entered their second day at Sibanye-Stillwater's Driefontein mine in Carletonville‚ near Johannesburg. He said the rescue operation would go on through the night. "The tremors that took place were quite distant from the area.

"Rupee weakened as positive US employment data might lead to (US) Feds monetary tightening. Back home, results and upcoming state election will give near term direction", said Vinod Nair, Head of Research, Geojit Financial Services.

Meanwhile, foreign institutional investors (FIIs) net sold shares worth Rs 148.42 crore and domestic institutional investors (DIIs) sold shares worth Rs 578.92 crore in yesterday's trade, provisional data showed.

Similarly, the barometer 30-scrip Sensitive Index (Sensex) of the BSE closed in the red.

Kanye West Says Slavery was a Choice
TMZ reporter Van Lathan shot back and called West's comments the "absence of thought". Slavery is to blacks as the Holocaust is to Jews.

Heavy selling pressure in metal, consumer durables and auto stocks weighed on the indices. The BSE Mid-Cap and Sma-Cap indices plunged 1.17 per cent and 1.15 per cent.

On the NSE, the top gainers were Sun Pharma, Bharti Infratel and Tata Steel. Hang Seng was down by 1.66 per cent while South Korea's Kospi was also down by 0.37 per cent. The mid-cap index fell 1.16 per cent while the small-cap finished lower by 0.84 per cent. Some other markets were closed for a four-day holiday weekend.

Disney will create live content for Twitter
According to the agreement reached by both companies on Monday, the content will mainly cover live broadcasts. As part of this deal, Twitter and ESPN will launch specific live shows in the coming week.

Related News:

  • Iran Nuclear Deal 'an Important Diplomatic Victory — UN Chief

    Iran Nuclear Deal 'an Important Diplomatic Victory — UN Chief

    And then there's the United States , which has 6,550 nuclear warheads, and the capacity to deploy them quickly around the world. Israel responded by destroying 1/3 to 1/2 of Syria's surface-to-air missile batteries and further struck four Iranian bases.
    North Korea to Release 3 Detained Americans

    North Korea to Release 3 Detained Americans

    However, she added, "The welfare and safety of US citizens overseas is one of the highest priorities of the Department of State". National Security Council told Chung Eui-yong, South Korean national security chief, that the report was "not true".
    Stephen Hawking's final research paper has been published, and it's mind-bending

    Stephen Hawking's final research paper has been published, and it's mind-bending

    To understand what the professors mean when they say eternal inflation, consider what one existing theory on the big bang is. This eternal inflation produces a "multiverse", a collection of pocket universes of which our own universe is just one.
  • Israel says Gaza protests are 'state of war'

    Israel says Gaza protests are 'state of war'

    He expressed Japan's continuous support for building Palestinian institutions and infrastructure. Japan holds that Israel must rein in its settlement activity.
    National Football League  veteran Witten calls time on Cowboys

    National Football League veteran Witten calls time on Cowboys

    Warner may be miffed that the tiebreaker wasn't skill or experience but the fact that Witten played for the Dallas Cowboys . Ultimately, he opted to retire to start a new chapter in his life after one of the most successful runs in Cowboys history.
    Oculus Go VR Headset Sells Out in Hours

    Oculus Go VR Headset Sells Out in Hours

    However, cost has been one of the biggest barriers to VR adoption, and the Oculus Go certainly addresses that aspect. Battery life is claimed to last between 1.5 and 2 hours of gaming, 2 and 2.5 hours for video viewing.
  • Froome falters after fall as Giro d'Italia begins in Jerusalem

    Froome falters after fall as Giro d'Italia begins in Jerusalem

    Further down the field were Irish duo Nicolas Roche and Sam Bennett - 74 and 79 seconds slower than Dumoulin, respectively. Dennis then held his breath further as Froome and defending champion Dumoulin rolled off of the start ramp.
    White House lawyer Ty Cobb bows out amid Russian Federation  probe

    White House lawyer Ty Cobb bows out amid Russian Federation probe

    White House lawyer Ty Cobb's retirement was announced that morning in a statement from press secretary Sarah Huckabee Sanders. In a statement to CBS, he said that he does not "mind being regarded as a peacemaker". "I think cooperation was the path".
    Global smartphone market declines in Q1 2018, Samsung leads: IDC

    Global smartphone market declines in Q1 2018, Samsung leads: IDC

    Samsung shifted 78 million handsets and has 22 per cent of the market, while Apple sold 52.2 million and has 15 per cent. The Korean tech giant Samsung has leapfrogged Apple to become the number one smartphone brand in the first quarter .
  • NASA will send a unique expedition to Mars

    NASA will send a unique expedition to Mars

    This artist's concept from August 2015 depicts NASA's InSight Mars lander fully deployed for studying the deep interior of Mars. For Mars missions, an ideal launch window happens only once every two years, so some flexibility is needed.
    Consequences for China after militarisation in pacific

    Consequences for China after militarisation in pacific

    According to U.S. report, the missiles have been shifted to Fiery Cross Reef, Subi Reef and Mischief Reef within the past 30 days. The US Navy itself frequently sends warships and aircraft carriers to patrol the area.
    Curry probable to finally return in Game 2

    Curry probable to finally return in Game 2

    We watched (the film) twice actually and a lot of the things that happened in the game were self-inflicted. Finally, Steph Curry will return to the Golden State Warriors' lineup Tuesday night-we think.


Most liked

Woods battling to make Wells Fargo cut
Woods three-putted twice for bogey, including the par-3 sixth hole when he had a downhill birdie chance from about 18 feet. He had only seven birdie opportunities inside 20 feet, even though he kept the ball in play for the most part.

Australia optimistic about India's participation in the Day-Night Test
Manuka Oval's maiden test match will be the final worldwide match of the summer with Australia playing sixth-ranked Sri Lanka. Previous year they got the better of England in the inaugural day-night Ashes Test at the Adelaide Oval.

India's wild weather leaves over 100 dead
A huge dust storm and lightning strikes killed at least 125 people across India which braced Thursday for more wild weather. The falling trees and electric poles caused the maximum accidents, leaving nearly 100 people injured, Yadav said.

House of Lords vetoes a 'no deal' Brexit
Twenty-four Conservative peers rebelled against the prime minister and joined with the opposition in supporting the amendment.

US Fed keeps interest rates unchanged as inflation remains close to target
Fed policymakers are eyeing gradual rate hikes over the next two years as economic growth and inflation reach their targets . Bond prices moved to the upside in late-day trading after spending most of the session lingering near the unchanged line.

Xiaomi shows massive growth ahead of IPO
Xiaomi is also consolidating their position when it comes to several startups that are mushrooming under their startup ecosystem. Its filing didn't give details on the size of the planned IPO, but reports have suggested it could be worth around $10 billion.

State police: 6 officers injured in explosion
Authorities are investigating a possible explosion in North Haven, Connecticut, according to a law enforcement official. Earlier, state police has said that at least six police had been injured in the explosion in North Haven.

Mystery solved: Why Trump-Macron friendship tree vanished
There was no way that Iran was going to place its foreign, military and energy policies under United Nations supervision forever. The Associated Press tweeted that a "mystery was brewing at the White House" over the missing sapling.

Liverpool relief as Salah avoids three-match ban for Martins Indi clash
Salah moved to Anfield from Roma last summer, having previously played in the Premier League with Chelsea . He becomes the first African victor of an award that has been running since 1948.

Nadal beats Greece's Tsitsipas in Barcelona Open final
Nadal has now won 46 consecutive sets on clay, and speaking after the victory, it seems each title is sweeter than the last. After the win, Nadal dived into a pool at the venue along with some of the tournament's ball boys and ball girls.

Watch Sixers vs Celtics Online Free TNT Live Streaming NBA Playoffs Game
So, instead of rehashing NBA Classics, we're checking out those two most recent playoff series (both of which went the distance). What happened this year to get the Bucks to where they are? We can't ignore the run the Sixers went on at the end of the year.

Facebook Stories could be key to the company's entire future
The song, album, or playlist you've chosen will then be presented with a sticker that you can move, resize, and rotate. Another key new feature coming to Instagram is that of video chat that lets users talk on-on-one or in a small group .

Tuesday weather: Mostly cloudy, with highs around 60
No precipitation is forecasted, as 6 miles per hour winds flow in a northwestern direction. Highs this week range from the upper-80s on Monday to the low 80s later this week.

Quiet weather for today, but severe weather ramps up next week
Heavy rainfall may also lead to localized flash flooding into eastern Oklahoma, northeastern Texas and western Arkansas. The National Weather Service has issued a tornado watch for much of central Kansas, extending into southern Nebraska.

Fortnite Season 4 arrives
Other body parts will no longer block incoming headshots , causing players to deal much more damage than usual. This area is strewn with Hop Rocks and a new industrial complex as the mysterious rocks are investigated.