Sensex, Nifty erase gains to trade flat; Wipro slips 4%

The benchmark Sensex was trading 0.07% higher at 32,207.64 points while the broader Nifty was trading up 0.02% at 10,081.2 points

On the other hand, the S&P BSE metal index was down 94.58 points, oil and gas index by 47.51 points and energy index by 15.34 points.

The index was trading at 10,464, down 0.39 per cent, around 12.40 pm (IST), with shares of Wipro (down 4.24 per cent), KPIT Technologies (down 0.74 per cent), Tata Consultancy Services (down 0.54 per cent) and Tech Mahindra (down 0.23 per cent) as the losers.

According to market observers, an improvement in the macro-economic industrial production data, along with broadly positive Asian markets had given a push to key indices - the BSE Sensex and the NSE Nifty 50 - during the initial trade session.

The benchmark 30-share Sensex settled 55.52 points or 0.17 percent higher at 32,241.93 while the 50-share Nifty index ended up 7.30 points or 0.07 percent at 10,086.60.

In intra day trade, Sensex went up by more than 100 points to hit the high of 32,328.61, however it could not hold on to the profit.

The BSE market breadth was slightly bullish - with 1,254 advances and 1,216 declines.

Hurricane Irma: How those receding waters may have saved Tampa
With a 3.25 day lifetime as a Category 5, Irma tied an unnamed 1932 Cuba hurricane for the longest lifetime as a Category 5. The airport for Fort Lauderdale, Florida, has re-opened Tuesday morning after closing as Hurricane Irma pounded the state.

50 people die in Iraq bombings
Jassem al-Khalidi, a senior health official, told the TV channel that more than 87 people had sustained injuries in the attacks. Numerous dead are suspected to include Iranian pilgrims and security forces personnel.

Washington high school reeling after shooting leaves one dead, three injured
It featured a student who brought guns to school - some students said a pistol and a rifle - and opened fire in a hallway. Harper also said that the suspect had shared a note with some friends saying that he "was going to do something stupid".

In terms of broader market indices, the S&P BSE mid-cap index rose by 0.57 per cent and the small-cap index by 0.64 per cent.

Indian markets ended higher on Thursday.

On the currency front, the Indian rupee strengthened by four paise to 64 against the U.S. dollar from its previous close at 64.04.

Wipro was the top loser on the index, ending lower by over 4% at Rs 283 per share.

Major index gainers were Tata Motors DVR, Sun Pharma, Axis Bank, Tata Motor and Adani Ports.

Related:

  • Two former 'Last Chance U' players charged in East Tennessee fatal stabbing

    Two former 'Last Chance U' players charged in East Tennessee fatal stabbing

    Wright, 20, were charged with one count of criminal homicide in the July 25 death of 18-year-old Caleb Thomas Radford. Patrick was a heralded recruit but academic issues and injuries, including a torn ACL, hampered his college career.
    North: N. Korea Preparing Another Nuke Test

    North: N. Korea Preparing Another Nuke Test

    Rodong Sinmun, the official newspaper of North Korea's Workers' Party, published the photo on Thursday's front page. Visitors walk by the map of two Koreas at the Imjingak Pavilion in Paju, South Korea, Wednesday, Sept. 13, 2017.
    Angelina Jolie on her Cambodian epic and the power of family

    Angelina Jolie on her Cambodian epic and the power of family

    We all have our hard times, but as a mother you also have a responsibility first and foremost towards the kids, ' she explained. Her initial interest in Cambodia came when she arrived - in a much earlier life - to make "Lara Croft: Tomb Raider" in 2000.
  • Alonso announcement 'a couple of weeks' away

    Alonso announcement 'a couple of weeks' away

    This would give Toro Rosso the opportunity to use the Honda engines for one season until both teams use it from 2019. Asked about the move, Kvyat said: "Until there's an official announcement I'll pass on commenting about that".
    New tech campus opens on Roosevelt Island

    New tech campus opens on Roosevelt Island

    A building called the Bridge is owned by developer Forest City Ratner and will house university programs and commercial tenants. If they want privacy for a meeting they can fix to a huddle room. "You're going to be in an open floor plan'".
    European Union  trade deal could beat Britain

    European Union trade deal could beat Britain

    He told European Union lawmakers that they "know no borders and they spare nobody". Now we have a window of opportunity, but it will not stay open forever.
  • Everton eyeing Jan move for Celtic youngster Anthony Ralston

    Everton eyeing Jan move for Celtic youngster Anthony Ralston

    However, the real reason behind Neymar not swapping shirts is that he'd already agreed to donate it to the Marina Dalglish Appeal. The two exchanged words and refused to shake hands at the end of the match.
    Control tower from Idaho helping Irma recovery effort

    Control tower from Idaho helping Irma recovery effort

    The storm killed at least 38 people across the northern Caribbean, including 10 in Cuba and 15 on the island shared by French St. Branson, who has lived in the British Virgin Islands for the past 11 years, weathered Irma on Necker, his private island.
    Serena Williams reveals first photos of her daughter

    Serena Williams reveals first photos of her daughter

    The video showed Williams at different stages of her pregnancy. "So we're leaving the hospital after six days. You have to check out link in bio for her awesome journey.
  • Michael Bennett Says He Was 'Terrified' During Police Encounter

    Michael Bennett Says He Was 'Terrified' During Police Encounter

    ABC News also interviewed Bennett , who said that he was absolutely terrified during the 10 minutes that he was in police custody. After the fight, Bennett says he headed back to his hotel when he heard what he thought were gunshots and saw people running.
    Egypt offers to mediate Hamas-Israel prisoner exchange

    Egypt offers to mediate Hamas-Israel prisoner exchange

    He stressed that Gaza is and must be an integral part of any future Palestinian state. Hamas armed wing spokesman speaks during news conference.
    Ban on diesel vehicles to remain the same: NGT refuses Centre's plea

    Ban on diesel vehicles to remain the same: NGT refuses Centre's plea

    The Centre had earlier opposed the ban, saying there was a "misconception" that only diesel pollutes the environment. NGT order has come in the wake of rising pollution levels in Delhi and NCR causing health risks for its population.

Comments

Latest news

Trump traveling to storm-ravaged Florida Thursday
Florida's southwestern coast is a haven for retirees seeking warm weather and attractive sunsets across the Gulf of Mexico. Widespread outages led to long lines outside of the relatively few stores, gas stations and restaurants that had reopened.

Quarterly Financial Review of International Business Machines Corporation (NYSE:IBM)
It increased, as 14 investors sold EHTH shares while 22 reduced holdings. 1 funds opened positions while 2 raised stakes. The firm has "Sell" rating by Jefferies given on Wednesday, July 12. (NYSE:IBM) on Wednesday, July 19 to "Buy" rating .

Alex Smith admits this season may be his last in Kansas City
That was true for most of his career in San Francisco and is true once again with the Kansas City Chiefs . After K.C. brass traded up to draft Patrick Mahomes in the first round, Smith knew the score.

Mandy Moore Is Engaged to Her Boyfriend of Two Years
In August 2016, Moore , who divorced musician Ryan Adams after six years of marriage, raved about her beau to In Touch Weekly . Meanwhile, Huertas, who is seen as Moore's husband in the TV show, said, " Taylor is an fantastic guy".

Watch the many explosions that led to SpaceX's successful rocket landings
Landing and reusing rocket boosters is key to Musk's plans of sending payloads - and eventually humans - to Mars. Another clip shows a fireball with the comment, "Well, technically it did land ... just not in one piece".

David Pastrnak signs 6-year, $40 million deal with Bruins
He added two goals and two assists in six playoff games, while averaging over 21 minutes of ice time per contest. He ranked tied for 10th in goals and tied for 18th in points in the National Hockey League last season.

Phil And Holly Had Strong Words For Laura Simpson On 'This Morning'
I was a couple of drinks down. "I can't see anything wrong with getting into a auto personally". I just feel like I've been thrown under the bus. "I've said everything I told you".

Watching the track of Hurricane Jose
Hurricane force winds extend out 25 miles and tropical storm force winds go out 140 miles from the center of the storm. Jose is moving toward the northwest near 16 mph and this general motion is expected to continue over the next 24 hours.

Odd fake autonomous auto in Virginia: Revealed as Ford experiment
Turns out, it was an experiment Ford were conducting into how people would interact with self-driving vehicles. Researchers considered using displayed text, but that would require people all understand the same language.

DACA Repeal: Unpatriotic, Anti-life and Non-Christian
Obama's intent was right, but his approach or process was unconstitutional and we know why he resorted to executive action. Fact No.1: While many Americans sympathize with the Dreamers' plight, they are illegal aliens in the eyes of the law.

Alwar lynching: All six accused given clean chit
Before he died in hospital, Mr Khan had given his statement to the police, in which he had named six men. Police have not been able to arrest any of the six men named by Khan in his dying declaration .

Rajnath Singh appeals citizens to promote Hindu across globe
In 1949, the Constituent Assembly of India adopted Hindi written in Devanagari script as the official language of India. The President, Shri Ram Nath Kovind lighting the lamp at the Hindi Divas Samaroh, in New Delhi on September 14, 2017.

High Court stays TN floor test till September 20
In other major decisions, the General Council altered the party's organisational structure to a collective leadership structure. This comes as a setback for TTV Dhinakaran who was hell-bent on throwing Palaniswami out of the government.

Getty Realty Corporation (NYSE:GTY) Stock Traded Above Its 50 Day Average
Stock market analysts and brokers have recently amended their target prices on shares of Realty Income Corporation (NYSE:O). The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink .

Hurricane Irma a tough blow to Florida agriculture
The orange crop was worth over $886 million, according to USDA figures, while the grapefruit crop was worth almost $110 million. Another crop hard hit by Irma was Florida's sugar cane, which had a value past year of $561 million, according to the U.S.

Other news