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techkenyot.com February 22, 2018


Markets erode gains in last hour; Sensex, Nifty slip below psychological marks

11 October 2017, 03:25 | Edward Lowe

Retail investors and domestic financial institutions built up positions ahead of release of data sets of IIP for August and inflation for September, to be released tomorrow. But in the end, the BSE index ended lower by 90.42 points, or 0.28 per cent, at 31,833.99, with profit-booking posing an overhang in the later part of the session.

Top gainers included Bharti Airtel, TCS, HPCL, BPCL, Wipro, Bharti Infratel, M&M and HUL while BHEL, Tata Motors, Yes Bank, SBI, Vedanta, Dr Reddy's Labs and Lupin declined.

Investment Research Analysts Opinion: Pepsico, Inc. (PEP), STMicroelectronics NV (STM)
Todd Asset Management Limited Liability Company owns 1,914 shares for 0.01% of their portfolio. $337,775 worth of PepsiCo, Inc. It has underperformed by 80.46% the S&P500.The move comes after 6 months positive chart setup for the $57.78 million company.

Domestic markets also took support from the other Asian markets, where shares hit decade highs.

Japan's Nikkei was up 0.22 per cent and Shanghai Composite rose 0.23 per cent in their early trading. Wall Street scaled all-time highs overnight.

James McClean Strikes Again To Send The Irish Fans Wild In Cardiff
The hero in Vienna nearly a year ago, James McClean has struck again to put Ireland a goal to the good against Wales in Cardiff . As only eight teams go from the nine groups, Slovakia will miss out with the lowest points tally of all the second-placed sides.

Extending its rally, the 30-share index advanced 139.17 points, or 0.44 percent, to 32,063.58. Reliance Industries too rose 1.54 per cent to Rs 856.35 ahead of its second quarter earnings later this week.

On Wednesday, the equity benchmarks Sensex and Nifty registered losses in the last hour of trading to finish below the previous closing levels.

Aussie arrested in Bali over marijuana and anti-depressants
Baker got away for about 10 hours before he was rearrested later that day at a Kuta hotel, News Corp Australia is reporting. Local media in Bali reported Baker briefly escaped from custody before being recaptured and is now in police custody.

Midcap and smallcap shares were seen outperforming the broader indices in morning deals - up between 0.6 per cent and 0.75 per cent.



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