Mumbai: The NSE 50-share Nifty continued to rule firm for the third trading day by moving up by another 7 points to close at 9,904.15 on fresh buying mainly in IT and media counters. Experts attribute this fall to the implied volatility due to weekly expiry of Nifty Bank futures.
The Sensex and Nifty rose for a third consecutive session on Thursday, with Infosys Ltd leading the gains after announcing a likely share buyback, while Asian markets rose as tensions between the United States and North Korea eased. All major bourses fell into the red while sectors traded in mixed territory.
In Asia, most of the indices gained after investors took heart from the minutes of a U.S. Federal Reserve meeting that showed policymakers wary about weak inflation, indicating that the Fed may slow the pace of rate increases. It had breached the historic 10,000-mark for the first time in intra-day trade yesterday. Shares of Telstra contributed to the steep losses in the telco space.
India's second-biggest software services exporter Infosys received approval from SEBI on share buyback proposal to be considered in meeting to be held on August 19.
GMR Infrastructure jumped 13.4% after India's Supreme Court on Thursday upheld a ruling of the Delhi high court that allowed Delhi International Airport Ltd, a unit of GMR Group, to put airport land to commercial use for non-aeronautical purposes. "Infosys buyback is a very good thing for other IT companies", said AK Prabhakar, head of research, IDBI Capital. The apex court upheld an order by the Delhi High Court which allowed the company to use land at Delhi airport for non-aviation or commercial purposes.
UCF President John Hitt called the violence in Charlottesville "repugnant" and "an anathema to the values Americans hold dear". Spencer said he was angry with the university's decision, and his supporters planned to file a legal challenge.
Councilman Brandon Scott told the Sun that he would introduce a resolution at Monday's Council meeting demanding removal. New Orleans completed the removal process at a cost of $2.1 million within two months following a lengthy court battle.
But Henry believes that if Sanchez stays, he and Lacazette could form a formidable partnership up front for his former side. Why don't you play the other ball? "Very neat, very clean, he does whatever the game is asking him to do".
Nepalese men carry children on their shoulders as they wade through flood waters in village Ramgadhwa in Birgunj, Nepal , Sunday. However, their access to the affected areas were restricted due to the inundation of entire villages and blocked roads.
Later, the situation was brought under control after the banner drill with both sides stepping back to their respective positions. This is a one of its kind incident where troops were involved in a skirmish, though no weapons were used.
The risky stunt was performed today, and soon after, the star began limping, worrying his staff and crew. In Mission: Impossible - Rogue Nation , Cruise filmed a sequence as he hung from A400 plane in mid-air.
Cuban officials have pledged to investigate the incidents as well and take appropriate action, the officials told the Post . The US embassy in Havana only opened in 2015 as part of former President Obama's rapprochement with Cuba.
Powerball jackpot grows to whopping $510 million
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Natalie Cole's Son Robert Yancy Dies at 39
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US, Canada, Mexico invites cities to bid for 2026 World Cup
United moving into a new stadium next year, the city has begun exploring redevelopment options for the 190-acre campus . Even if a city isn't chosen to host a match, there could be other opportunities for it to be involved in the World Cup.
2 killed in helicopter crash in Virginia
Police said the helicopter was assisting law enforcement officers monitoring the white nationalist rally in Charlottesville. Cullen graduated from the Virginia State Police Academy in May 1994 as a member of the 90th Basic Session.
Snapchat takes another hit on Wall Street
Canaccord Genuity restated a "hold" rating and set a $22.00 target price on shares of Snap in a report on Friday, May 12th. Narwhal Capital Management acquired a new position in shares of Snap during the first quarter valued at about $282,000.