India receives 1st consignment of 1.5 lakh Sputnik V Covid-19 vaccine doses from Russia
NEW DELHI: India on Saturday received the first consignment of 1.5 lakh doses of Sputnik V COVID-19 vaccine from Russia as the country embarked on the third phase of the vaccination drive against the infection. The Central Board of Indirect Taxes and Customs (CBIC) in a tweet said that the customs department cleared expeditiously the […]
Sensex, Nifty end marginally higher
MUMBAI: Equity benchmarks Sensex and Nifty ended marginally higher after a volatile session on Friday amid positive cues from global markets. The 30-share BSE Sensex ended 28.35 points or 0.06 per cent higher at 48,832.03. Similarly, the broader NSE Nifty rose 36.40 points or 0.25 per cent to 14,617.85. Asian Paints was the top gainer […]
Sensex tumbles 871 points; Nifty tanks below 14,650
NEW DELHI: Equity benchmark Sensex tanked 871 points on Monday, dragged by a selloff in financial stocks as spiking COVID-19 cases spooked investors and fanned concerns over economic recovery. After plunging over 1,400 points earlier in the day, the 30-share BSE index pared some losses to finish at 49,159.32, down 870.51 points or 1.74 per […]
Sensex tanks 627 points; Nifty ends below 14,700
MUMBAI: Equity benchmark Sensex tanked 627 points on Wednesday, dragged by losses in index majors HDFC twins, Reliance Industries, and Infosys amid a negative trend in global markets. The 30-share BSE index ended 627.43 points or 1.25 per cent lower at 49,509.15, and the broader NSE Nifty slumped 154.40 points or 1.04 per cent to […]
Sensex rallies 568 points; Nifty reclaims 14,500 level
NEW DELHI: Equity benchmark Sensex rallied 568 points and Nifty reclaimed the 14,500 mark on Friday, tracking gains in index majors HDFC twins, HUL and ICICI Bank amid a positive trend in global markets. The 30-share BSE index ended 568.38 points or 1.17 per cent higher at 49,008.50. The broader NSE Nifty surged 182.40 points […]
Sensex ends 280 points higher; Nifty tops 14,800
MUMBAI: Equity benchmark Sensex jumped 280 points on Tuesday following gains in index majors HDFC Bank, ICICI Bank and Reliance Industries despite a weak trend in global markets. The 30-share BSE index ended 280.15 points or 0.56 per cent higher at 50,051.44. The broader NSE Nifty advanced 78.35 points or 0.53 per cent to 14,814.75. […]
Sensex tanks 562 points; Nifty cracks below 14,800
NEW DELHI: Dropping for the fourth straight session, equity benchmark Sensex tumbled 562.34 points on Wednesday following losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a weak trend in global markets ahead of the US Federal Reserve’s policy outcome. After a volatile session, the 30-share BSE index tanked 562.34 points or […]
Sensex, Nifty slip for 3rd day; financial stocks drag
MUMBAI: Equity benchmarks Sensex and Nifty gave up early gains to end marginally lower on Tuesday, tracking losses in financial stocks despite a firm trend in global markets. A weakening rupee and selling by foreign investors also weighed on Dalal Street, traders said. Falling for the third session on the trot, the 30-share BSE Sensex […]
Sensex tanks 487 points; Nifty slips below 15,100
NEW DELHI: Snapping its three-session rising streak, equity benchmark Sensex tumbled 487 points on Friday, tracking losses in financial and auto stocks. After gyrating 1,283 points during the day, the 30-share BSE index ended 487.43 points or 0.95 per cent lower at 50,792.08. The broader NSE Nifty tanked 143.85 points or 0.95 per cent to […]
Sensex tanks 435 points; Nifty gives up 15K
NEW DELHI: Extending its losses for the fourth straight session, equity benchmark Sensex slipped below the 51,000-mark by tumbling 435 points on Friday, tracking losses in ICICI Bank, Axis Bank and SBI. The 30-share BSE index ended 434.93 points or 0.85 per cent lower at 50,889.76. Similarly, the broader NSE Nifty gave up the 15,000 […]
Sensex over 50K mark as Joe Biden, Budget fuel fast recovery hopes
NEW DELHI: Positive global cues and expectations of healthy quarterly results, along with that of a supportive Union Budget FY22, powered the ascent of India’s barometer index — the S&P BSE Sensex — to cross the 50,000 mark on Thursday. However, the barometer index dipped below the psychologically important mark due to profit booking at […]
Sensex snaps 10-session winning run, skids 264 points; RIL top drag
MUMBAI: Snapping its 10-session rising streak, equity benchmark Sensex tumbled 264 points on Wednesday as investors booked profits in Reliance Industries Limied (RIL) , as well as IT, finance and FMCG stocks amid mixed global cues. However, a recovering rupee and sustained foreign fund inflows restricted the fall, traders said. After touching its record intra-day […]
Competition Comm to have regional presence; more streamlined processes: CCI chief
NEW DELHI: As it seeks to become more nimble as well as strengthen its prowess to clamp down on unfair business ways, the Competition Commission of India (CCI) plans to further streamline processes and also have its regional presence. The CCI, which has the mandate to check anti-competitive practices and also encourage fair business ways […]
Markets begin 2021 with a bang; Nifty closes above 14k
NEW DELHI: The BSE Sensex surged to record highs while the NSE Nifty closed above the 14,000-mark for the first time on Friday as markets continued their record run in the new year amid robust buying in IT, auto and FMCG stocks. Extending its record-setting streak for the fifth day, the 30-share BSE Sensex rose […]
Moscow starts mass COVID-19 vaccination with its Sputnik V shot
MOSCOW:Moscow began distributing the Sputnik V COVID-19 shot via 70 clinics on Saturday, marking Russia’s first mass vaccination against the disease, the city’s coronavirus task force said. The task force said the Russian-made vaccine would first be made available to doctors and other medical workers, teachers and social workers because they ran the highest risk […]
Mutual funds folio count surges by 18 lakh in June quarter
NEW DELHI: The mutual fund industry has added 18 lakh investor accounts in three months ended June 30, taking the total tally to 9.15 crore, amid volatile market conditions. A big chunk of this growth in folio generation is driven by digital platforms – especially in times of the lockdown, said Harsh Jain, co-founder of […]