Daily Archive: June 1, 2018

Sensex Edges Higher Amid Choppy Trade; ICICI Bank Shares Jump 4%

The Sensex started Friday’s session on a choppy note, with the Sensex see-sawing between gains and losses, a day after official data showed GDP growth rose to 7.7 per cent in January-March quarter. BSE benchmark index Sensex and the NSE Nifty started Friday’s session on a flat note but soon edged higher after see-sawing between mild gains and losses. Advances in the indices were led by banking, IT, pharma and auto stocks, with ICICI Bank shares rising around 4 per cent. At 9:25 am, the Sensex was trading 64 points higher at 35,386 while the Nifty 50 was up 14 points at 10,750.

After Poor Show In By-Polls, Gloves Come Off In Partners’ Message To BJP

Patna : Shiv Sena’s Uddhav Thackeray’s took frequent swipes at the BJP for its approach towards its NDA allies. But he wasn’t among the only one in the NDA to deliver a sharp message to the BJP. Just hours into the BJP’s electoral losses in Thursday’s by-elections, there were some discordant noises from Bihar as well. Chief Minister Nitish Kumar’s Janata Dal United, which revived its alliance with the BJP after dumping the Rashtriya Janata Dal, or RJD, and the Congress less than a year back, was among those to speak out.

Mr Kumar’s JDU told the BJP that it needed to up its handling of the "considerable resentment" against the government across the country over a number of issues "the latest of these being the spiralling petrol and diesel prices". It also wanted the BJP to stop taking its alliance partners for granted.

Source: NDTV