Major Sensex gainers on Wednesday were: Hindustan Univelever, up 2.40; Tata Motors DVR, up 1.Sector-wise, the SP BSE oil and gas index gained 209.36 per cent at Rs 2,681.70, Hero MotoCorp, down 0.34 per cent at Rs 287.10; Mahindra and Mahindra (MM), down 0.Mumbai, July 12 (IANS) Expectations of robust quarterly results, along with healthy buying in energy sector stocks pushed the Indian equity markets higher on Wednesday.48 per cent at Rs 3,731.Despite the expectation of soft inflation in the backdrop of good monsoon, any dip in CPI could be seen from a growth angle, especially with initial GST hassles in the backdrop.The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,813.

According to market observers, gains were capped due to investors reluctance to further invest in expensive market conditions and caution over the upcoming macro-economic inflation and industrial production data points.10 points up 30.73 points or 0.10 per cent at Rs 275; and ICICI Bank, up 1. In investments, provisional data with the exchanges showed that foreign institutional investors (FIIs) bought stocks worth Rs 361.The wider Nifty of the National Stock Exchange (NSE) closed at a new high of 9,816.68 points and the automobile index by 68.25 crore while domestic institutional investors (DIIs) divested Rs 330.85; State Bank of India (SBI), up 1.33 per cent at Rs 2,439.60, ITC, down 0.97 per cent at Rs 1,376.04 per cent at Rs 292.09 points. Oil and gas sectors stocks gained the most followed by auto, telecom, bank, capital goods, whereas IT stocks ended in the red.43 points during the intra-day trade.On the other hand, IT index declined by 38.

Hindustan Unilever, ONGC, ACC and Bharti Infratel gained the most on both indices, while Mahindra and Mahindra as well as TCS were the top losers, said Dhruv Desai, Director and Chief Operating Officer of Tradebulls.Anand James, Chief Market Strategist, Geojit Financial heating cable Suppliers Services, said: Domestic indices extended its gains as the oil marketing companies soared on the back of higher crude oil prices, but caution prevailed in the market ahead of the key macro data to be released later today which held the markets in a range.

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Prime Minister Narendra Modi on Monday expressed grief over the demise of former the Indian Space Research Organisation (ISRO) chairman and space scientist UR Rao, who passed away on Monday after suffering from heart ailments..Professor Rao, served as ISRO Chairman for 10 years during 1984-1994, after taking the reins from Satish Sharma.

The Congress party also condoled Professor Raos demiseProfessor Rao was born in Adampur village in Udupi and has continuously been associated with Indias space programme working with people like late MGK Menon, Satish Dhawan and Vikram Sarabhai. He was 85. He also made to the prestigious International Aeronautical Federation (IAF) Hall of Fame last year during the closing ceremony of IAF Congress 2016 in Guadalajara, Mexico.Reportedly, Professor Rao breathed his last at about 2.Padma Vibhushan award winner Professor Rao died in the wee hours at his residence in Bengaluru.

From Aryabhatta to the Mars Orbiter Mission, Professor Rao has continued to work with the space agency on several of its projects.Despite that he wrote several books on subjects related to space research, Professor Rao published over 350 scientific and technical papers covering wide range of topics including cosmic rays, interplanetary physics, high energy astronomy, space applications and satellite and rocket technology.Former Indian Space Research Organisation (ISRO) chairman and space scientist UR Rao passed away on Monday after suffering from heart ailments.Among other positions that Trace Heating Manufacturers professor Rao has held, he is remembered for his tenure at the Massachusetts Institute of Technology.

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Rather than wasting its energy on the hopeless sanctions racket against North Korea, the US should deliberate on ways to ensure its own internal security.He added that the missile test was a warning to the US and accused countries, who abide by the sanctions, of fuelling tensions on the Korean peninsula.Pyongyang, Aug 4 (IANS) North Korea has said that unilateral sanctions imposed by the US earlier this week in response to its latest intercontinental missile test will only strengthen Pyongyangs resolve to fortify itself with nukes.

The US trumpeting about war and threat to impose extreme sanctions on North Korea will only increase the latters vigilance and stamina, and provide further justification for it to access nukes, the spokesperson added.North Korea strongly condemns and rejects the so-called unilateral sanctions as an attempt by the US to apply its federal law to international relations which constitutes a direct challenge to the UN Charter and international law, the spokesperson said.

The sanctions campaign by the US might work on other countries, but never with North Korea, a Foreign Ministry spokesperson said late Thursday.On Tuesday, US President Donald PTC Trump ratified a new set of sanctions against entities or individuals trading with North Korea in crude oil and its products, coal, or rare earth metals, apart from those who employ North Korean labour abroad, reports Efe news.

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