Sensex falls over 150 points on rising oil price, rupee


The stock markets started Friday's session on a weak note, with the BSE Sensex falling 105 points and the NSE Nifty trading near the 10,650 mark.

Stocks suffered modest losses as Brent crude oil prices moved nearthe Dollars 80 per barrel mark as supplies tightened and demand remained strong.

As BJP's lead narrowed in the counting of votes in Karnataka, the Congress went on to offer its support to the JD (S) to form the government. Both these indices outperformed the Sensex. The NSE 50-share Nifty also lost 58 points, or 0.54 per cent, to 10,682, after shuttling between 10,777 and 10,664.

Foreign portfolio investors (FPIs) net sold shares worth Rs 830.94 crore, while domestic institutional investors (DIIs) bought equities to the tune of Rs 428.92 crore yesterday, as per provisional data.

Top lawyer at Novartis to step down amid Michael Cohen scandal
While many pundits called Giuliani's disclosure a gaffe, Giuliani said at the time that he was working in sync with Trump . The exact figure specified in the financial disclosure is said to be between $100,000 and $250,000.

Besides domestic cues, Abhijeet Dey, Senior Fund Manager, Equities at BNP Paribas Mutual Fund said that stock markets in India were impacted by weak United States and Asian shares.

"Small and mid-caps outperformed.On the global front, USA yield rose above 3% mark, whereas oil remains at elevated levels which could dampen the flow of funds to EMs, especially to India were the valuation is comparatively high." said Vinod Nair, Head of Research, Geojit Financial Services.

All sectoral sub-indices with the exception of Nifty Metal, which was down more than half a per cent, were in the green.

Voltas fell about 7.66%, the most in over 18 months post reporting its quarterly results where the company saw its profits declining.

United States names suspect in Vault 7 leaks, but unable to file charges
Schulte did an internship at the National Security Agency while working on a bachelor's degree in computer engineering. The government is also investigating whether Schulte used the Tor network to transmit classified data.

HDFC Bank closed 0.77 percent lower, while Housing Development Finance Corp ended down 1.18 percent.

The major gainers on the Sensex were Hindustan Unilever, up 3.84 per cent at Rs 1,574.20; ITC, up 1.47 per cent at Rs 285.95; Wipro, up 1.44 per cent at Rs 274.30; Tata Motors (DVR), up 1.33 per cent at Rs 183.50; and Yes Bank, up 1.11 per cent at Rs 349.50 per share. The broader market indices underperformed, with BSE Smallcap & Midcap closing down by 1.6% & 1.5% respectively.

Shares of Reliance Communications, after Wednesday's plunge, staged a strong comeback by rising 56.87% on reports of settlement talks with Ericsson.

Hong Kong's Hang Seng advanced 0.22 percent while Japan's Nikkei was up 0.25 percent in early trade. London's FTSE too gained 0.11%.

Man Utd captain Carrick rules himself out of FA Cup selection consideration
I look forward to working with him and learning from him. Merci for all you [taught] me, on and off the pitch. Unused subs: J Pereira, Jones, Valencia, Lingard.