Today Current Affairs In Hindi
News of the Day : 02 – April – 2019
- April 2, 2019
- Posted by: Shivam
- Category: NEWS Worth To Read
News of the Day
Sensex touches record high of 39,000 points, Nifty crosses 1,700 mark on day 1 of financial year
The BSE benchmark Sensex jumped 300 points to a fresh record high of over 39,000 points on day one of the new financial year in early trade on Monday, driven by sustained buying mainly in metal, auto and financial stocks amid positive global cues. Earlier the all-time high of 38, 989 was in August last year.
On the Sensex chart, Vedanta, Tata Steel, Tata Motors, Mahindra and Mahindra and ICICI Bank led the rally.
The Nifty50 on the National Stock Exchange also crossed the 11,700 mark for the first time since September 3, 2018.
Asian markets were trading positively amid optimism over China-US trade talks and expansion in manufacturing activity in China in March.
The 30-share Sensex opened on a positive note at 38,858.88 and rose to a high of 38,960.28 in early deals. The gauge, however, pared some gains and was trading at 38,938.45, higher by 265.54 points.
Similarly, the NSE Nifty started off on a high note at 11,665.20 and hit a high of 11,699.70 in opening deals.
In Asia, South Korea’s KOSPI rose 1 per cent, Japan’s Nikkei gained more than 2 per cent and Hong Kong’s Hang Seng Index climbed 1.62 per cent.
China and the US gave signs of some progress in their last week’s discussions on the trade tariff tussle, with another round of talks scheduled to be held this week in Washington.
The BSE Sensex had risen over 127 points to close at 38,672.91 on Friday — the last trading day of fiscal 2018-19 during which the benchmark posted a rise of 17.30 per cent.
The broader NSE Nifty closed at 11,623.90, capping off the financial year with a gain of 14.93 per cent.
Investors’ wealth zoomed Rs 8.83 lakh crore during 2018-19, with the market capitalisation (m-cap) of BSE-listed companies reaching Rs 1,51,08,711.01 crore.
Pakistan changes stance on use of F-16s in aerial engagement with India
After claiming for weeks that Islamabad had not used US-manufactured F-16 fighter jets in its attempted counter-strike against India, the Pakistan military appeared to change its stance on Monday and insisted that Islamabad had the right to use any fighter jet in its “legitimate self defence”.
Pakistan had so far claimed that its air force had only used the Chinese JF17 jets in its action against India, not the US-made F-16. It also claimed that its fighter jets shot down two IAF jets. India has contested Islamabad on both points.
Indian officials believe Islamabad had to tweak its stand in face of mounting evidence with New Delhi and Washington that had nailed Pakistan’s claims.
Hindustan Times had last week reported on the evidence that India had shared with the US including call signs associated with PAF F-16s and specific details of the AIM-120 Advanced Medium Range Air To Air Missile (AMRAAM) used by the intruding fighting falcons.
In a statement on Monday evening, the Pakistan military attempted a partial course correction to the narrative that it had been articulating since the February 27 aerial dogfight.
In this, the military’s Inter Services Public Relations statement on Monday said the JF17 jets of the Pakistan Air Force had carried out the 27 February strikes on Indian targets from within Pakistan airspace.
“Later when 2 Indian jets crossed LOC they were shot down by PAF. Whether it was F16 or JF17 which shot down 2 Indian aircrafts is immaterial. Even if F-16 have been used as at that point in time complete PAF was airborne including F16s, the fact remains that Pakistan Airforce shot down two Indian jets in self defence,” the Pak military’s ISPR statement said.
Pakistan’s denial on use of the F-16 fighters is linked to the condition imposed by the United States that the fighter jets will not be used in aggression against any other country, but only in the war against terror.
“Pakistan retains the right to use anything and everything in its legitimate self defence,” the statement said.
(Source – Hindustan Times)