market watch

Sensex, Nifty rise to record high ahead of corporate earnings reports

The top gainer on both indices was Infosys.

Indian indices hit a fresh all-time high on Thursday ahead of the announcement of several corporate results for the third quarter of 2017-’18. The BSE Sensex rose 70.42 points to close at 34,503.49. The NSE Nifty surged 19 points to finish at 10,651.20.

The top gainer on both the Sensex and Nifty was Infosys, which will release its earnings report on Friday. Other major gainers on the BSE on Thursday were Bharti Airtel, Kotak Mahindra, HDFC and Asian Paints.

The stocks, which rose the most on the NSE, apart from Infosys, were Indiabulls Housing Finance, Tech Mahindra, Bharti Airtel and Kotak Mahindra. IndusInd Bank, Wipro, ICICI Bank, Axis Bank and Hero Motocorp were the biggest losers on both indices.

Other major Asian markets had a mixed day. The Hong Kong Hang Seng rose over 46 points, and the Shanghai SE Composite Index finished almost flat at three points up. However, Japan’s Nikkei 225 fell by over 77 points, and The Taiwan index by over 21 points.

The rupee declined six paise against the United States dollar to 63.64 at 4.33 pm.

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Bringing the glamour back to flying while keeping it affordable

The pleasure of air travel is back, courtesy of an airline in India.

Before dinner, fashionable women would retire to the powder room and suited-up men would indulge in hors d’oeuvres, surrounded by plush upholstery. A gourmet meal would soon follow, served in fine tableware. Flying, back in the day, was like an upscale party 35,000 feet up in the air.

The glamour of flying has been chronicled in Keith Lovegrove’s book titled ‘Airline: Style at 30,000 feet’. In his book, Lovegrove talks about how the mid-50s and 60s were a “fabulously glamorous time to fly in commercial airlines”. Back then, flying was reserved for the privileged and the luxuries played an important role in making travelling by air an exclusive experience.

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This article was produced by the Scroll marketing team on behalf of Vistara and not by the Scroll editorial team.