{"id":43945,"date":"2017-12-22T22:12:16","date_gmt":"2017-12-22T22:12:16","guid":{"rendered":"http:\/\/www.bnreport.com\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/"},"modified":"2017-12-22T22:12:17","modified_gmt":"2017-12-22T22:12:17","slug":"bulls-add-to-festive-cheer-nifty-touches-peak-of-10500","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/","title":{"rendered":"Bulls add to festive cheer, Nifty touches peak of 10,500"},"content":{"rendered":"

MUMBAI: The stock market rose to a record close on Friday, the second time it did so during the week, but Christmas-eve celebrations were restrained as investors weighed the continued rise in already-rich share valuations against the so-far uninterrupted flows into equities.Benchmark indices rose roughly 0.5%, with the Nifty<\/a> crossing 10,500 points for the first time, albeit briefly, after a late surge in tech shares provided an impetus to the market. <\/p>\n

Dalal Street also achieved another milestone with the BSE's market capitalisation crossing Rs 150 lakh crore for the first time. At 49% so far in 2017, the growth in India's market value is the fastest worldwide. <\/p>\n

The BSE Sensex<\/a> rose 0.55% to close at 33,940.30 points after touching an all-time high of 33,964.28. NSE's Nifty gained 0.50% to close at 10,493 after touching a new record of 10,501.10. Advances outnumbered declines 1,576 to 1,168 across share categories on the BSE. Tech stocks<\/a> were the best performers with TCS<\/a>, Infosys<\/a> and Wipro<\/a> gaining 1-2% after Accenture raised its revenue forecast. <\/p>\n

If the Nifty finishes past 10,500 early next week, it could touch 10,600 by the weekend, traders said. The financial markets<\/a> will be shut on Monday on account of Christmas. <\/p>\n

'No Near-term Risks Ahead'<\/strong>
Fund managers said the focus will shift to December quarter earnings starting January, while continued domestic purchases will ensure erratic foreign institutional inflows aren't missed temporarily. <\/p>\n

"Market should go higher as there are no near-term risks ahead," said Mahesh Patil, CIO, Birla Mutual Fund<\/a>. "Near-term outlook remains positive because of strong domestic inflows and December quarter earnings should also look good due to a favourable base." The Volatility Index or VIX \u2014 a measure of traders' perception of near-term risks in the market \u2014 fell 4.12% to 11.59%, extending recent declines. The BJP's electoral victory in Gujarat has swept away near-term uncertainty. The index, which touched a 10-month high of 18.26 on December 18 \u2014 the day of Gujarat election results \u2014 has fallen 36.5% since then. <\/p>\n

On Friday, foreign funds bought shares worth a net Rs 107.87 crore. Domestic institutional investors made purchases to the tune of Rs 371.53 crore. Even as market participants paint a rosy near-term outlook, the undercurrent is sceptical because of pricey valuations. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
\n[contfnew]
\n <\/p>\n

ET Markets<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n

The post Bulls add to festive cheer, Nifty touches peak of 10,500<\/a> appeared first on News Wire Now<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

MUMBAI: The stock market rose to a record close on Friday, t..<\/p>\n","protected":false},"author":1,"featured_media":43946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-43945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nBulls add to festive cheer, Nifty touches peak of 10,500 - Business News Report<\/title>\n<meta name=\"description\" content=\"MUMBAI: The stock market rose to a record close on Friday, t..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bulls add to festive cheer, Nifty touches peak of 10,500 - Business News Report\" \/>\n<meta property=\"og:description\" content=\"MUMBAI: The stock market rose to a record close on Friday, t..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-22T22:12:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-12-22T22:12:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/Master-36.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"176\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Bulls add to festive cheer, Nifty touches peak of 10,500\",\"datePublished\":\"2017-12-22T22:12:16+00:00\",\"dateModified\":\"2017-12-22T22:12:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/\"},\"wordCount\":390,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/Master-36.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/\",\"name\":\"Bulls add to festive cheer, Nifty touches peak of 10,500 - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/Master-36.jpg\",\"datePublished\":\"2017-12-22T22:12:16+00:00\",\"dateModified\":\"2017-12-22T22:12:17+00:00\",\"description\":\"MUMBAI: The stock market rose to a record close on Friday, t..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/Master-36.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/Master-36.jpg\",\"width\":620,\"height\":176},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bulls add to festive cheer, Nifty touches peak of 10,500\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bulls add to festive cheer, Nifty touches peak of 10,500 - Business News Report","description":"MUMBAI: The stock market rose to a record close on Friday, t..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/","og_locale":"en_US","og_type":"article","og_title":"Bulls add to festive cheer, Nifty touches peak of 10,500 - Business News Report","og_description":"MUMBAI: The stock market rose to a record close on Friday, t..","og_url":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2017-12-22T22:12:16+00:00","article_modified_time":"2017-12-22T22:12:17+00:00","og_image":[{"width":620,"height":176,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/Master-36.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Bulls add to festive cheer, Nifty touches peak of 10,500","datePublished":"2017-12-22T22:12:16+00:00","dateModified":"2017-12-22T22:12:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/"},"wordCount":390,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/Master-36.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/","url":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/","name":"Bulls add to festive cheer, Nifty touches peak of 10,500 - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/Master-36.jpg","datePublished":"2017-12-22T22:12:16+00:00","dateModified":"2017-12-22T22:12:17+00:00","description":"MUMBAI: The stock market rose to a record close on Friday, t..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/Master-36.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/Master-36.jpg","width":620,"height":176},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/bulls-add-to-festive-cheer-nifty-touches-peak-of-10500\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Bulls add to festive cheer, Nifty touches peak of 10,500"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/43945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=43945"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/43945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/43946"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=43945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=43945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=43945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}