Sensex down 38 points, Nifty below 10400 in late morning deals

Sensex closes 25 points higher Nifty holds 10,400 level banking oil & gas stocks sink

Sensex, Nifty open higher on hopes of easing of trade tensions

The NSE 50-share index, after moving between 10,428.15 and 10,355.60 on alternate bouts of selling and buying, finally concluded at 10,417.15, up 14.90 points, or 0.14 per cent. The recent upsurge in the market has led Sensex to gain more than 800 points since mid-last week.

Furthermore, widening of bets by investors amid optimism ahead of earnings season, to begin later this week, also supported the uptrend, brokers said. The SGX Nifty is indicating that Nifty may open with gains of 33 points at 10,426.

Meanwhile, foreign portfolio investors (FPIs) sold shares worth Rs 684.99 crore on net basis, while domestic institutional investors (DIIs) bought equities to the tune of Rs 653.65 crore yesterday, provisional data showed.

Kroger to hire 11000 employees
It is positive, as 78 investors sold KR shares while 251 reduced holdings. 176 rose positions while 121 funds took positions. The price of KR is now at a -14.09% to its one-year price target of 27.40. (NYSE:KR) on Tuesday, June 6 with "Buy" rating.

ICICI Bank Ltd dropped as much as 2.2 percent and State Bank of India declined 2.5 percent, heading for their first session of fall in five.

Shares of sugar companies such as Dwarikesh Sugar, Bajaj Hindusthan Sugar, Balrampur Chini, Mawana Sugar and Uttam Sugar turned buyers' fancy largely on speculative buying by participants and gained up to 9.53 per cent.

The sectoral indices like IT, Bankex, Capital Goods, Metal, Power, Realty and Technology pushed the sensex up in early trade. In the broader market, BSE Midcap and the BSE Smallcap indices slipped up to 0.5 per cent.

Commonwealth Games: Transgender Kiwi star's injury could be 'career-ending'
Hubbard was seeking a Commonwealth Games record of 132kg. "But until we have further scanning we won't know the details". Before transitioning, Hubbard was a national junior record-holder in the male 230lb weight class.

Globally, Asian markets ended higher.

Among the top gainers, Vedanta surged 4.5 per cent while TCS, Sun Pharma, Eicher Motors and HCL Tech finished with gains of 2-2.6 per cent. Nasdaq gained over 0.51 percent while S&P 500 was up by 0.33 percent. London's FTSE was quoting 0.35 per cent higher.

Kensington Palace reveals new royal baby details
William and Kate will want to inform the Queen and their families before sharing their news with the world. He said both Prince William and Middleton have decided not to find out the gender of the baby in advance.

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