The markets have been buoyant since mid-last week as global cues gained strength and the RBI predicted inflation to cool and growth rate to consolidate in FY19. "PSU banks and pharma stocks outperformed due to gradual accumulation and US FDA approvals", said Vinod Nair, Head of Research, Geojit Financial Services.
Among the top gainers were Kotak Mahindra Bank with 1.22 per cent gains while Bharti Airtel and ICICI Bank were the top losers.
Consumer durables (1.70%), oil and gas (1.52%), and banking stocks (0.90%) rose the most among sectoral indexes on BSE. Infosys will kick off the earnings season on Friday when the IT company announces its fourth quarter results. Lemon Tree Hotels shares soared 29 percent on market debut, compared to the initial public offering price of Rs 56 a share.
Taiwan Semiconductor Mfg LTD (TSM) Holder Sei Investments Company Has Raised Stake
On Tuesday, October 10 the stock of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has "Buy" rating given by J.P. Lake Street Advisors Group LLC bought a new stake in shares of Taiwan Semiconductor Mfg. during the 4th quarter worth $839,000.
Market breadth was positive with 1,654 stocks closing higher against 1069 ending in the red on BSE.
The Dalal Street may open in green on Monday trading session, following global cues as Asian shares edged higher in early opening, on the back of a bounce witnessed in USA stock futures which soothed sentiment despite ongoing trade war between US President Donald Trump with China.
Among other Asian markets, Japan's Nikkei was up 0.06% while Hong Kong's Hang Seng index rose 0.97%. Benchmarks in New Zealand, Taiwan and Southeast Asia also advanced. Caterpillar, a construction equipment maker, slid 3.5 percent and aircraft manufacturer Boeing lost 3.1 percent.
Here's what YouTube shooter told the Police
President Trump tweeted that he was briefed on the incident and added "Our thoughts and prayers are with everybody involved". Aghdam's family lives in Menifee , where Federal Bureau of Investigation officials were investigating the family home.
The US Dow Jones Industrial Average, however, ended 2.34% down in Friday's trade after Donald Trump warned of tariffs on an additional $100 billion worth of Chinese imports.
Back home, oil retailers HPCL, BPCL and International Olympic Committee rallied more than 3 percent on steady crude oil prices while Titan Company was up 2 percent after analysts see strong Q4 growth in jewellery and watch segments.
Zee Entertainment fell over 2 percent that pushed the Nifty Media index down by 1 percent.
Israel strikes Hamas targets in Gaza after explosive devices found near border
The Israeli Air Force struck a terrorist target belonging to Hamas in the northern Gaza Strip, said the IDF on Monday morning. The European Union and United Nations have called for an independent investigation into the incidents.