Sensex, Nifty open higher as metal and banking stocks gain

Sensex and Nifty open higher

Indian shares edged up in early trade on Thursday to hover near record highs, led by metal and banking stocks, as investors overlooked signs of a slightly hawkish tilt by the U.S. Federal Reserve overnight.

The blue-chip NSE Nifty 50 index was up 0.65% to 17,661.45 by 9:16 am, and the benchmark S&P BSE Sensex rose 0.62% to 59,294.41.

Overnight, the Fed said it would likely begin tapering its monthly bond buying as early as November, and indicated it could raise interest rates sooner than expected.

In Mumbai, metal stocks advanced 1.5%, with Tata Steel and Hindalco Industries jumping more than 2% each to lead gains on Nifty.

Bank stocks recuperated from Wednesday’s losses to rise 1%, with Punjab National Bank gaining about 2%.

Shares in broader Asian markets advanced, supported by assurance of not making default on debt payment by embattled China Evergrande Group, though default risks still remained for the property giant.

Internet Explorer Channel Network
News Related


Snoop Dogg's mother passes away at 70, calls her an 'angel' in a heartfelt tribute

© Provided by Pinkvilla   Snoop Dogg is in grief after the loss of his mother, Beverly Tate, who passed away at the age of 70. Snoop paid respect to ... Read more »

Bigg Boss 15, Day 22, Synopsis: Rajiv Adatia exposes Vishal Kotian's evil game; is his journey in Salman Khan's show coming to an end?

© Provided by The ‘Weekend Ka Vaar’ witnessed many exciting highlights and today it will be an amazing day as Rajiv Adatia is entering the house. For the unversed, ... Read more »

Kareena Kapoor Khan clicks a selfie while her mother Babita relishes ‘kheer'; See PIC

© Provided by Pinkvilla Kareena Kapoor Khan is one of the most active celebrities on social media. The actress often shares pictures from her personal and professional life with her ... Read more »

Live, AFG vs SCO, T20 World Cup 2021 Full Cricket Score: Mujeeb derails Scotland with four wickets

© Provided by Firstpost Live, AFG vs SCO, T20 World Cup 2021 Full Cricket Score: Mujeeb derails Scotland with four wickets 21:58 (IST) After 6 overs,Afghanistan 55/1 ( Hazratullah Zazai ... Read more »

Devils' Mackenzie Blackwood ends vaccine holdout, will be able to play in Canada

Devils goaltender Mackenzie Blackwood has received his first COVID-19 shot, according to The Athletic, beginning a process that will let him play games in Canada and see onerous protocols lifted ... Read more »

Facebook failed to police abusive content globally, documents show

The artificial intelligence systems Facebook uses to find harmful and abusive content frequently aren’t able to perform well enough. Tolga Akmen/AFP via Getty Images Facebook employees warned the company for ... Read more »

Katie Price reveals unusual reason she refused to give birth to Harvey on her back

KATIE Price has revealed she didn't want to give birth to her son lying on her back – because she was worried doctors would see her privates. The 43-year-old, famous ... Read more »

Miami private school reverses course on a 30-day quarantine for vaccinated students

A Miami private school that came under scrutiny for its Covid-19 protocols has reversed course, saying students will not have to quarantine at home 30 days after receiving a COVID-19 ... Read more »

Oversight finds limited repercussions for border agents who made offensive social media posts

Some 60 U.S. Customs and Border Patrol (CBP) agents “committed misconduct” by posting inappropriate comments on a closed Facebook group, yet only two were ultimately fired, according to an investigation ... Read more »

Tata Steel installs generator at UK plant to recycle gases into energy

© Reuters/PETER CZIBORRA Tata Steel steelworks are seen on the South Wales coastline, Port Talbot LONDON (Reuters) – Tata Steel said it has installed a 30 megawatt generator at a ... Read more »

Tesla raises prices on all EVs yet again

In this morning’s least surprising piece of news, Tesla cars cost more money. Again. As has frequently been the case this year, Tesla implemented price increases for the Model S ... Read more »

Connecticut man convicted of sex trafficking women, teen at Super Bowl

Edward Walker was found guilty of two counts of sex trafficking by force and coercion and transporting a person for sexual activity during the 2020 Super Bowl. Broward County Sheriff ... Read more »

Surge in drug overdose deaths prompts new response strategies

The CDC reported a record high of nearly 97,000 drug overdose deaths. Scott Olson/Getty Images First responders are being forced to develop new training and strategies to deal with massive ... Read more »

'Kingdom' actor Thapelo Maropefela dies on eve of birthday

© Provided by Independent Online (IOL) Actor Thapelo Maropefela has died. Popularly known as Karabo on the SABC1 drama series “The Kingdom”, Maropefela passed away on Sunday, October 24. Taking ... Read more »

More than 60% of retail executives worry that supply-chain issues will prevent holiday orders from arriving on time

© Mario Tama/Getty Images Demand is high for holiday shopping this year, but executives worry that product may not arrive in time. Mario Tama/Getty Images 64% of retail executives are ... Read more »

A 'lobbyist who has to make the president happy' is part of Facebook's content moderation, employees complain: report

© Samuel Corum/Getty Images Facebook CEO Mark Zuckerberg with Facebook’s Vice President of Global Public Policy Joel Kaplan. Samuel Corum/Getty Images Joel Kaplan, head of the company’s policy shop and ... Read more »

Scientists were 'muzzled' under Trump, says whistleblower now working to predict next pandemic

Joe Biden discusses Covid policy with Rick Bright before taking office – Reuters A US government official who blew the whistle on Donald Trump’s attempts to “push” the malaria drug ... Read more »

T20 World Cup: South Africa treating batting as 'area of concern' but no use harping about it, says Kagiso Rabada

South Africa South Africa’s batting is an area of concern but they are not harping about it and keeping calm ahead of their next match in the T20 World Cup, ... Read more »

Scotland vs Afghanistan ICC T20 World Cup 2021 Live Cricket Score: Rashid strikes after Mujeeb takes 4 to reduce Scotland to 38/6

22:01:59 IST Mujeeb is on a roll! He responds to being tonked for a six by shattering the stumps on the next delivery. Munsey is beaten for pace as he ... Read more »

Each One a Champion

© Team RD Siddhant Jumde First, let the numbers sink in: India picked up five gold medals at the Paralympic Games in Tokyo this year. That’s more gold than ever ... Read more »

Australian Open 2022: Unvaccinated players likely to be allowed to compete after quarantine

Unvaccinated athletes will be able to take part in next year’s Australian Open after undergoing 14 days of quarantine, the WTA Tour has told its players, according to an email ... Read more »

Live, AFG vs SCO, T20 World Cup 2021 Full Cricket Score: Mujeeb derails Scotland with three wickets

© Provided by Firstpost Live, AFG vs SCO, T20 World Cup 2021 Full Cricket Score: Mujeeb derails Scotland with three wickets 21:46 (IST) After 4 overs,Afghanistan 30/0 ( Hazratullah Zazai ... Read more »

World Series locations show MLB's Georgia boycott was all virtue-signaling

The World Series will take place in two states this year: Texas and Georgia. Those are two of the states that many liberals dislike most right now. © Provided by ... Read more »

Liputan vaksin tinggi faktor kematian Covid-19 semakin menurun

© Provided by Free Malaysia Today Vaksin bukan jaminan seseorang itu 100% kebal daripada Covid-19, namun ia memberi perlindungan, malah hakikatnya liputan tinggi menjadi sebab utama kematian di Malaysia semakin ... Read more »

Bersatu, PAS, Gerakan bertanding wakili PN pada PRN Melaka, kata Muhyiddin

© Provided by Free Malaysia Today PETALING JAYA: Parti-parti komponen Perikatan Nasional (PN), iaitu Bersatu, PAS dan Gerakan sepakat menawarkan calon dalam pilihan raya negeri (PRN) Melaka. Pengerusinya, Muhyiddin Yassin ... Read more »

Tom Rodriguez And Carla Abellana's Wedding Vows Will *Surely* Make You Cry: 'It really truly felt like my soul had found yours'

© Provided by Cosmopolitan Philippines Carla Abellana and Tom Rodriguez recently tied the knot and their wedding vows are oh-so-sweet, they will leave you in tears! The couple’s wedding film shot ... Read more »

Kris Bernal Removes Her Makeup While Reacting to Her Bashers

© Provided by Kris Bernal has had her fair share of online bashers. But despite it all, she remains unfazed. “I know myself better na hindi naman talaga ako ... Read more »

Concern grows as MPs vote against blocking water companies from discharging sewage into rivers

© Surfers Against Sewage Environmental campaign group Surfers Against Sewage are fighting to pass an amendment to the Environment Bill that would place further obligations on water companies – Surfers ... Read more »

Phasmophobia: All ghost types, strengths, and weaknesses

As you hunt down Phasmophobia ghosts, you will encounter a few different kinds of spooky specters. It is essential to know how to handle each one when you cross paths ... Read more »

All new gems in the Path of Exile: Scourge expansion

Path of Exile: Scourge developer Grinding Gear Games gave the game’s skill tree a rework and quality of life improvements. The studio also provided some new skill gems to play ... Read more »

Zweli Mkhize says wife's Ithala loan was above board

© Provided by Daily News DURBAN – FORMER Health Minister Dr Zweli Mkhize said the Ithala Development Finance Corporation Bank loan granted to his wife Dr May Mkhize in 2006 ... Read more »

Release of Secret JFK Assassination Records Delayed by Biden, Angering Some of the Kennedys

President Joe Biden has like his predecessors held off on releasing secret documents related to the assassination of John F. Kennedy, angering some members of the former president’s family. © ... Read more »

Covid-19 vaccines have more benefits than risks for children, says Sahpra

© Provided by Daily Maverick Thousands of teenagers register for a single dose of Pfizer vaccines, pending an investigation into the risk of myocarditis after a second dose of the ... Read more »

San Francisco residents hire private security, citing safety concerns

Residents in San Francisco have begun hiring private security to protect their homes, citing concerns over the continued rise in crime. © Provided by Washington Examiner Roughly 150 families from ... Read more »

Jacob Zuma to miss Tuesday's court judgment on Billy Downer matter

© Provided by The Star Durban – Former President Jacob Zuma will not attend Tuesday’s court sitting where the Pietermaritzburg high court will hand down judgment on whether advocate Billy ... Read more »

Military veterans standoff | 40 vets have criminal records

© Provided by eNCA JOHANNESBURG – At least 40 of the 53 arrested military veterans belonging to the Liberation Struggle War Veterans group have criminal records ranging from murder and kidnapping ... Read more »

Eskom power cuts to start at 6pm instead of 9pm as previously stated

© Provided by CapeTalk Power utility Eskom said on Monday that power cuts will kick in at 6pm instead of 9pm as previously stated. READ: City Power technicians on high ... Read more »

DJ Maphorisa Biography: How 'In My Bed' Announced Him To The World

“In My Bed”, a song that appeared in Wizkid’s 2014 album was the song that proved enough to announce the arrival of this dynamic Producer to the international music scene.Wizkid, ... Read more »

This MUA's eyeliner hack for bigger eyes is going viral

© Provided by If you’re over creating the same feline flick for going out we have an eyeliner hack that will make you look like a movie star. The ... Read more »

Edinburgh serious road crash: Man, 87, in critical condition and woman, 85, and man, 32, in serious condition following crash on Seafield road

© The incident happened on Sunday on Seafield Road at around 4.15pm and involved a Nissan Juke and a V… The incident happened on Sunday on Seafield Road at around 4.15pm ... Read more »
On you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic