In the early trade, the 30-share BSE Sensex fell 204.39 points to 79,792.21 in early trade. Meanwhile, the Nifty declined 40.75 points to 24,283.10 points.
India's markets regulator SEBI has slapped Hindenburg Research with a show cause notice for alleged "unfair trade practices" in its 2023 broadside against the Adani Group - a move that the US firm termed as 'nonsense' and an attempt to 'silence and intimidate' those exposing corruption.
Along with empowering consumers to make healthier choices, the amendment would also contribute towards efforts to combat the rise of Non-Communicable Diseases (NCDs) and promote public health and well-being.
Regalo Kitchens, a premier modular kitchen solution-providing company has claimed to have catered to over 200,000 customers so far. The company is looking to expand its business in the huge South Indian market.
Gujarat registered an increase of 55 per cent in the FDI inflow during FY 2023-24 as compared to the inflow during FY 2022-23. The state got USD 7.3 billion in FY 2023-24 as compared to the USD 4.7 billion received in FY 2022-23.
The value of defence production in the country has gone up to a record-high figure i.e., Rs 1,26,887 crore, reflecting a growth of 16.7% over the defence production of the previous financial year.
The top five gainers on the Nifty50 were Tata Motors, HCLTech, ICICI Bank, Sun Pharma, and TCS. Conversely, the top losers were HDFC Bank, Bajaj Finance, Adani Enterprises, Wipro, and Tech Mahindra.
Income Tax return filing: The last date for filing your income tax return is July 31. Do not wait until the last minute; file it as soon as possible to allow ample time for any necessary corrections.
In the early trade, the 30-share BSE Sensex climbed over 300 points to 80,343. Meanwhile, the Nifty was also up by 97 points to 24,383.
The BSE Sensex breached the 80,000-mark for the first time on Wednesday, reaching an all-time high of 80,074 before closing at 79,987, up by 545 points. The NSE Nifty50 also hit a new peak of 24,307, settling 163 points higher at 24,287.
Among the Sensex pack, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, IndusInd Bank, Bharti Airtel and Nestle were the biggest gainers. Tata Consultancy Services, Sun Pharma, Infosys and Tata Motors were among the laggards.
In the early trade, the 30-share BSE Sensex climbed 364 points to 79,840. Meanwhile, the Nifty was also up by 95 points to 24,236.
The Hindenburg Research report had accused the Adani Group of fraudulent transactions and share-price manipulation.
The Sensex surged by 443 points, closing at a new all-time high of 79,476.19, while the Nifty climbed 131.35 points to 24,141.95, both reaching fresh lifetime highs on Monday. Key contributors to the rally included Tech Mahindra, UltraTech Cement, Bajaj Finance, and Infosys.
The Rs 2000 banknotes were introduced in November 2016, following the demonetisation of the then-prevailing Rs 1000 and Rs 500 banknotes.
In the early trade, the 30-share BSE Sensex climbed 69.63 points to 79,102.36. Meanwhile, the Nifty was also up by 37.85 points to 24,048.45 points.
The reduction in the price of commercial LPG gas is a welcome relief amidst the current rise in fuel costs. This adjustment aims to alleviate financial burdens on consumers who rely on LPG for various purposes. Scroll down to see the updated price.
The current official estimate of GDP growth in 2023-24 is 8.2 per cent, accelerating from 7 per cent in the preceding year. Earlier this month, the Reserve Bank of India pegged the GDP growth rate for FY25 at 7.2 per cent.
Apart from home loans, credit cards, non-food bank credit, industries and agricultural activity loans saw a year-on-year growth in May 2024. However, the personal loan segment growth has moderated.
The apex bank said gold reserves increased by USD 988 million to USD 56.956 billion during the week. The Special Drawing Rights were down by USD 57 million to USD 18.049 billion.
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