Sensex dives 726 points in early trade tracking global sell-offs
March 04, 2021 10:02 ISTOn the Sensex chart, HDFC duo fell as much as 2.48 per cent, followed by Bajaj FinServ, Kotak Bank and Bajaj Finance – dropping up to 2.23 per cent.
On the Sensex chart, HDFC duo fell as much as 2.48 per cent, followed by Bajaj FinServ, Kotak Bank and Bajaj Finance – dropping up to 2.23 per cent.
The move comes two days after similar announcements by rivals SBI and Kotak Mahindra Bank, who are now giving home loans at 6.70 per cent and 6.65 per cent, respectively.
Analysts say that the government has room to cut excise duty on petrol and diesel by up to Rs 8.5 per litre without impacting its target for revenue from the tax on the two fuels.
SBI Cards and Payment Services (SBI Card) on Wednesday said it is available on the Jio Pay service, allowing customers to do their transactions on the platform through credit.
Investors' wealth has jumped by a massive Rs 9.41 lakh crore during three successive days of gains in the domestic equity market.
State Bank of India (SBI) has announced the launch of the second edition of its unique shopping carnival - YONO Super Saving Days.
The India Technology Centres currently employs over 4,500 people across the three centres. PayPal India has also announced its plans for campus hires from top engineering colleges across India.
'With just one per cent of Fortune 500 companies led by Black chief executives, the need to tackle racial under-representation in business is urgent and obvious,' Zahidi was quoted as saying in a Wipro statement.
On Tuesday, the Sensex had rallied 447.05 points or 0.90 per cent, and the Nifty had jumped 157.55 points or 1.07 per cent, extending gains for the second day in a row.
MTAR Technologies IPO: MTAR Technologies is a precision engineering solutions company. The IPO will open for subscription from March 3 to 5.
Amazon, the e-commerce giant, has quietly tweaked its new phone app logo after the company faced criticism from users.
Telecom giant Bharti Airtel bid Rs 18,699 crore to pick up 355.45 megahertz (MHz) out of the 855.60 MHz of radiofrequency, giving it "most formidable" spectrum holding in the country.
Jio - which emerged as the top buyer picking up spectrum for Rs 57,122.65 crore in the auctions - said it has well-balanced spectrum for services and future upgradation to 5G technology.
The initial public offering (IPO) comprises a fresh issue of shares aggregating up to Rs 200 crore and an offer for sale of up to 21,340,931 equity shares from promoters and existing shareholders, according to draft red herring prospectus filed with Sebi.
Gold prices declined by Rs 679 to Rs 44,760 per 10 grams in the national capital on Tuesday, due to bleak international market trend and rupee appreciation, according to HDFC Securities.
Mukesh Ambani's wealth increased 24 per cent on a year-on-year basis on the back of a surge in the value of energy-to-telecom giant RIL.
Elon Musk’s Starlink satellite internet service is coming to India. The company is accepting pre-bookings. Starlink is charging a fully refundable deposit of Rs 7300.
The government is selling its entire stake of 63.75 per cent in Shipping Corporation of India, along with the transfer of management control.
BPCL is selling its entire shareholding of 61.65 per cent in NRL to the consortium as part of its sell-off process that mandated separation of the Assam-based refinery before the strategic sale.
On Monday, the Sensex had risen by 749.85 points or 1.53 per cent; and the Nifty had gained 232.40 points or 1.60 per cent.
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