Stock markets gain over 2 per cent this week on hopes of more reforms
Posted January 3rd, 2015, 03:04 PM IST
However, investors sentiments underpinned by optimism over the government growth oriented economic reforms, which was safeguarded by cabinet approval of taking ordinance route to acquire land in key sectors. The two-day meet of banking industry to revitalise the financial sectors also provided support on the last day of week. Also, a significant improvement in HSBC Manufacturing Purchasing Managers' Index (PMI) for December also provided a major push to stocks on the last trading day of the week. FPIs turn-around from sellers to buyers further boosted the sentiment. They injected USD 101.91 million on the first four days of the week, as per Sebi data.
Shares from all sectors saw hectic buying, with capital goods, consumer durables, metals, power, banks, realty, auto, fmcg sectors leading the pack that was well supported by shares from mid-cap and small-cap companies which outperformed the sensex. The BSE 30-share barometer resumed the week higher and gradually moved up further to a high of 27,937.47 before settling at four-week high of 27,887.90, showing a gain of 646.12 points or 2.37 per cent.
- Aditi Rao Hydari misses ‘Heeramandi’ event after wedding
- Bigg Boss winner Munawar Faruqui among 14 detained in Mumbai raid
- Mrunal Thakur follows ‘grandma diet,’ believes in not skipping meals
- Selena Gomez shares makeup-free selfies on Instagram
- Diljit collaborates with Saweetie for ‘Khutti’ Song, says ‘she just landed in Punjab’
- Malaika Arora, Arjun Kapoor, Richa, Ali Fazal, Farah, and more at KJo’s Bash
- Janhvi and Aditya Roy Kapur shine on the ramp for Kalki at Lakme Fashion Week x FDCI
- I am fond of Kate Moss, says Diana Penty, about her fashion icon
- Kriti Kharbanda, Pulkit Samrat share pictures from dreamy wedding
- Actor Rajinikanth visits Hyderabad Metro Rail Project, applauds Operations Control Centre
- Mrunal Thakur to speak at UN panel on human cost of conflict-related sexual violence
- Hyderabad: Charminar’s Nimrah Café & Bakery goes 24/7 for Ramadan season
- Ileana D’Cruz drops adorable pictures with partner Michael Dolan
- Hyderabad edging towards drinking water crisis!
- Highest power supply registered in Telangana with 298.19 mu in one day
More News
- Aditi Rao Hydari misses ‘Heeramandi’ event after wedding
- Bigg Boss winner Munawar Faruqui among 14 detained in Mumbai raid
- Mrunal Thakur follows ‘grandma diet,’ believes in not skipping meals
- Selena Gomez shares makeup-free selfies on Instagram
- Diljit collaborates with Saweetie for ‘Khutti’ Song, says ‘she just landed in Punjab’
- Malaika Arora, Arjun Kapoor, Richa, Ali Fazal, Farah, and more at KJo’s Bash
- Jamie Lever is ‘honoured’ to represent her heritage with Telugu debut film
- Janhvi and Aditya Roy Kapur shine on the ramp for Kalki at Lakme Fashion Week x FDCI
- I am fond of Kate Moss, says Diana Penty, about her fashion icon
- Kriti Kharbanda, Pulkit Samrat share pictures from dreamy wedding
A PHP Error was encountered
Severity: Warning
Message: file_get_contents(): http:// wrapper is disabled in the server configuration by allow_url_fopen=0
Filename: views/newsdetails.php
Line Number: 29
Backtrace:
File: /home5/am2pm/public_html/application/views/newsdetails.php
Line: 29
Function: file_get_contents
File: /home5/am2pm/public_html/application/controllers/News.php
Line: 135
Function: view
File: /home5/am2pm/public_html/application/controllers/News.php
Line: 95
Function: newsdetails
File: /home5/am2pm/public_html/index.php
Line: 315
Function: require_once
A PHP Error was encountered
Severity: Warning
Message: file_get_contents(http://www.indiaaffiliates.in/ads.php?size=300X250): failed to open stream: no suitable wrapper could be found
Filename: views/newsdetails.php
Line Number: 29
Backtrace:
File: /home5/am2pm/public_html/application/views/newsdetails.php
Line: 29
Function: file_get_contents
File: /home5/am2pm/public_html/application/controllers/News.php
Line: 135
Function: view
File: /home5/am2pm/public_html/application/controllers/News.php
Line: 95
Function: newsdetails
File: /home5/am2pm/public_html/index.php
Line: 315
Function: require_once