Stock Markets
India stocks higher at close of trade; Nifty 50 up 0.44%
© Reuters. India stocks higher at close of trade; Nifty 50 up 0.44%
Investing.com – India stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.
At the close in NSE, the gained 0.44%, while the index gained 0.34%.
The best performers of the session on the were Wipro Ltd (NS:), which rose 6.43% or 27.90 points to trade at 461.90 at the close. Meanwhile, HCL Technologies Ltd (NS:) added 2.67% or 37.95 points to end at 1,460.00 and Bajaj Auto Ltd (NS:) was up 2.37% or 148.00 points to 6,394.35 in late trade.
The worst performers of the session were Grasim Industries Ltd (NS:), which fell 1.83% or 38.10 points to trade at 2,047.50 at the close. HDFC Bank Ltd (NS:) declined 1.07% or 18.00 points to end at 1,668.70 and Bajaj Finance Ltd (NS:) was down 1.04% or 76.55 points to 7,290.60.
The top performers on the BSE Sensex 30 were Wipro Ltd (BO:) which rose 6.59% to 462.70, HCL Technologies Ltd (BO:) which was up 2.83% to settle at 1,462.00 and Maruti Suzuki India Ltd. (BO:) which gained 2.01% to close at 10,214.90.
The worst performers were State Bank Of India (BO:) which was down 1.13% to 636.65 in late trade, Bajaj Finance Ltd (BO:) which lost 1.00% to settle at 7,295.25 and ICICI Bank Ltd (BO:) which was down 0.98% to 993.85 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 0 to 0; on the Bombay Stock Exchange, 0 fell and 0 advanced.
Shares in Wipro Ltd (NS:) rose to 52-week highs; up 6.43% or 27.90 to 461.90. Shares in Wipro Ltd (BO:) rose to 52-week highs; rising 6.59% or 28.60 to 462.70.
The , which measures the implied volatility of Nifty 50 options, was down 0.36% to 13.71.
Gold Futures for February delivery was up 0.64% or 13.20 to $2,064.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.54% or 0.40 to hit $73.49 a barrel, while the March Brent oil contract fell 0.26% or 0.21 to trade at $78.80 a barrel.
USD/INR was unchanged 0.00% to 83.17, while EUR/INR rose 0.07% to 91.67.
The US Dollar Index Futures was down 0.12% at 101.36.
(Reuters) -Private equity firm Insight Partners is on the brink of closing a new $10 billion-plus fund, roughly half the amount originally targeted, the Financial Times reported on Sunday, citing five people with knowledge of its plans.
Insight will not formally close its 13th fund until early next year, the report said, adding that the final figure may be closer to $12 billion.
Insight Partners declined to comment on the report.
The report said Insight is using a private equity-style structure to sell more than $1 billion worth of stakes in start-ups and to free up cash to return to investors.
One of the start-ups is Israeli cybersecurity firm Wiz, which had called off a $23 billion deal with Google parent Alphabet (NASDAQ:) in July, the report said.
New York-based Insight raised $20 billion for its 12th flagship fund in 2022, aiming to ramp up investments in software and technology companies.
JERUSALEM (Reuters) -Prime Minister Benjamin Netanyahu said Israel would inflict a “heavy price” on the Iran-aligned Houthis who control northern Yemen, after they reached central Israel with a missile on Sunday for the first time.
Houthi military spokesman Yahya Sarea said the group struck with a new hypersonic ballistic missile that travelled 2,040 km (1270 miles) in just 11 1/2 minutes.
After initially saying the missile had fallen in an open area, Israel’s military later said it had probably fragmented in the air, and that pieces of interceptors had landed in fields and near a railway station. Nobody was reported hurt.
Air raid sirens had sounded in Tel Aviv and across central Israel moments before the impact at around 6:35 a.m. local time (0335 GMT), sending residents running for shelter. Loud booms were heard.
Reuters saw smoke billowing in an open field in central Israel.
At a weekly cabinet meeting, Netanyahu said the Houthis should have known that Israel would exact a “heavy price” for attacks on Israel.
“Whoever needs a reminder of that is invited to visit the Hodeida port,” Netanyahu said, referring to an Israeli retaliatory air strike against Yemen in July for a Houthi drone that hit Tel Aviv.
The Houthis have fired missiles and drones at Israel repeatedly in what they say is solidarity with the Palestinians, since the Gaza war began with a Hamas attack on Israel in October.
The drone that hit Tel Aviv for the first time in July killed a man and wounded four people. Israeli air strikes in response on Houthi military targets near the port of Hodeidah killed six and wounded 80.
Previously, Houthi missiles have not penetrated deep into Israeli air space, with the only one reported to have hit Israeli territory falling in an open area near the Red Sea port of Eilat in March.
Israel should expect more strikes in the future “as we approach the first anniversary of the Oct. 7 operation, including responding to its aggression on the city of Hodeidah,” Sarea said.
The deputy head of the Houthi’s media office, Nasruddin Amer, said in a post on X on Sunday that the missile had reached Israel after “20 missiles failed to intercept” it, describing it as the “beginning”.
The Israeli military also said that 40 projectiles were fired towards Israel from Lebanon on Sunday and were either intercepted or landed in open areas.
“No injuries were reported,” the military said.
PARIS (Reuters) – Eight people have died trying to cross the Channel from France to England, French authorities said on Sunday, confirming earlier media reports.
This latest incident follows the deaths of 12 people earlier this month when their boat capsized in the Channel on its way to Britain and highlights the pressure on the British and French governments to find ways to tackle the boat crossings.
Jacques Billant, the Prefect of the Pas-de-Calais region, said that rescue crews were alerted that a boat with 59 people onboard was in difficulty in waters off the coast of Ambleteuse in the Pas-de-Calais area.
“A new drama took place around one in the morning and we deplore the death of eight people,” he told a news conference, adding that the other 51 onboard were now in the care of rescue and medical crews.
The dead were men from Eritrea, Sudan, Syria, Egypt, Iran and Afghanistan, he added.
The Channel is one of the world’s busiest shipping lanes and currents are strong, which makes crossing on small boats dangerous.
The latest incident brings to 46 the number of people who have died trying to cross the Channel from France since the start of the year, Billant said.
On September 14 alone there were eight attempts to cross the Channel from France and some 200 migrants were rescued, he said.
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