Sensex recovers 155 points in late morning trade

Posted April 12, 2017

The 30-share index resumed higher at 29,630.06 and hovered in a range of 29,787.05 and 29,570.58 before quoting at 29,730.47 at 1234 hours, showing a gain of 154.73 points or 0.52 per cent. BSE Midcap and Smallcap indices jumped 0.4 per cent and 1 per cent respectively. The company will release its Q4 results on Thursday.

The broader Nifty index was up 25 points or 0.27 percent at 9,205. Banks continue to look forward to NPA resolution measures shortly, and the strength was visible today.

The market breadth remained positive as 1,724 stocks ended higher, 1,153 closed lower while 144 ruled steady.

Tillerson, Trump team try to clarify foreign policy after airstrikes
On Sunday, Rubio said on ABC he supported the airstrike and "I don't think you use the US military simply to send a message.

On the currency front, the Indian rupee strengthened by seven paise to 64.49-50 against a U.S. dollar from its previous close of 64.56 to a greenback.

Top gainers in the Sensex-30 pack: ITC (up 3.2 per cent), Power Grid (up 2.2 per cent), ICICI Bank (up 1.9 per cent), L&T (up 1.8 per cent) and SBI (up 1.6 per cent).

According to market reports, support from banking & financials, technology and FMCG stocks, helped the indices to overcome the mixed global cues.

ISIS propaganda chief killed in strike on Iraq-Syria border
In addition to civilians caught in the crossfire inside the city, many more have fled their homes to escape the fighting. Al Ansari was killed with four others in a strike Saturday in al Qaim, Iraq, on the border with Syria, Scrocca said.

Meanwhile, the foreign funds sold net Rs 716.19 crores yesterday, as per the provisional figure issued by stock exchanges.

Reliance Industries, India's biggest private company by revenue, declined 0.5% to 1,374.10 rupees, while Adani Ports and Special Economic Zone fell 4.8% to end at 334.45 rupees.

Wichita State leaving MVC for AAC on July 1
By early March, evidence mounted, with no dissent, that the Shockers were on their way out of the Valley, their home since 1945. Four years ago, the Creighton Bluejays departed for the Big East and now, they are losing their flagship program to the AAC.