Business
Sensex Slips 198 Points on Financial Sector Woes and Global Trade Tussle
Globally, markets came under immense pressure after the US decision to impose new tariffs on European goods.
Yes Bank, Tata Motors, IndiGo and M&M Among Key Stocks in Focus Today
At 11:08 am, the benchmark S&P BSE Sensex was down 203.70 points, or 0.5%, to 38,101.71, while the Nifty 50 index fell 59.10 points, or 0.52%, to 11,300.80.
IndiGo Shares Fall Over 2% After Main Promoter Moves for Arbitration Proceedings
The airline stock declined 2.22 per cent at Rs 1829.35, on the BSE. On the NSE, the scrip plummeted 2.13 per cent at Rs 1,830.
Sensex Falls 150 Points, Nifty Down 51 Points Amid Weak Global Cues
The 30-share index tanked 151.70 points or 0.40 per cent to trade at 38,153.71. While the broader Nifty was down 51.95 points or 0.46 per cent at 11,307.95 in opening trade.
Yes Bank Shares Nosedive 15 Percent Over its Exposure to Indiabulls Housing Finance
At the NSE, Yes bank shares tanked 14.35 per cent to close at Rs 41.75. The company's market valuation fell by Rs 738.87 crore to Rs 10,571.13 crore on the BSE.
India's Real GDP Growth Likely to be 5.2 Percent this Fiscal, Says Economist Intelligence Unit
India's economic growth has slumped for the fifth straight quarter to an over six-year low of 5 percent in the three months ended June as consumer demand and private investment slowed amid deteriorating global environment.
PMC Bank Crisis ‘Eye-opener’, RBI Looking Into Lapses, Says Minister Anurag Thakur
The bank came under stress due to alleged financial irregularities forcing the Reserve Bank of India (RBI) to impose restriction on the Mumbai-based lender.
Gehlaut Will Stay Away if Needed: Indiabull's Word to RBI on Merger with Lakshmi Vilas Bank
Gehlaut promised RBI that he and other corporate promoters of Indiabulls Housing Finance would declassify themselves from being the promoter group in the new amalgamated bank.
Reliance Capital to Exit Lending Business, Shares Hit Two-decade Low
In June, auditors raised several red flags around the company's fourth-quarter results, including a lack of clarity in related party transactions and accounting methodology.
Rupee Slips to 70.93 Against Dollar in Opening Trade Amid Impeachment Probe into Trump
The domestic currency was trading lower by 5 paise at 70.93 at 0925 hrs against the US currency.
NCLAT Allows Dutch Court Administrator to Attend Jet Airways CoC Meetings
A three member NCLAT bench said that the Dutch administrator would be part of the CoC meeting and would be given minutes of the meetings.
Sensex Surges Over 400 Points in Early Session Led by Gains in Banking Stocks
After hitting a high of 39,008.83, the 30-share index was trading 384.54 points, or 1 per cent, higher at 38,978.06 at 0945 hours, while the broader Nifty rose 120.75 points, or 1.06 per cent, to 11,560.95.
Sensex Plunges 504 Points; Bank, Auto Stocks Tank
After sinking 586 points during the day, the 30-share index ended 503.62 points, or 1.29 per cent, lower at 38,593.52. The broader NSE Nifty plunged 148 points, or 1.28 per cent, to 11,440.20.
National Logistics Policy, for Seamless Movement of Goods Across Country,Sent to Cabinet for Approval: Official
The proposed policy will also focus on increasing the warehousing capacity, and identify gaps that could be bridged to bring down the cost of logistics for traders.
Rupee Ends Flat at 70.94 Against Dollar Despite Steller Stocks Rally
The domestic currency opened lower and fell to a low of 71.03 later on geopolitical concerns in West Asia and gains in the US currency against major global rivals.
Investor Wealth Zooms Rs 10.35 Lakh Crore in Two Days of Market Rally
Led by the gains in equity market, the market capitalisation (m-cap) of BSE-listed firms rose by Rs 10,35,213.03 crore to Rs 1,48,89,652.44 crore in two trading sessions.