In the previous session, Sensex plunged 1,406.73 points or 3 per cent to close at 45,553.96. This was its biggest single-day fall since May 4 this year. Nifty also tanked 432.15 points or 3.14 per cent to finish at 13,328.40.
HDFC, ICICI, SBI, Yes Bank, PNB, HSBC Bank, Kotak Mahindra Bank, Bank of Baroda, Deutsche Bank and IDBI are the top-10 banks of 2020.
Kishore Biyani-led Future Retail Ltd (FRL) on Monday said it is “reviewing” the Delhi High Court order that has rejected its plea to restrain Amazon from writing to regulatory authorities about the SIAC arbitral order against its asset sale under a Rs 24,713 crore deal with Reliance.
The economy contracted by a historic 23.9 per cent in the first quarter of 2020-21 on account of the impact of the coronavirus pandemic.
Even as the trials of several Covid vaccines are in progress, the Indian Railways is in talks with the government over the transportation of the vaccine through its refrigerated wagons.
Gold prices rose Rs 496 to Rs 50,297 per 10 gram in the national capital on Monday in line with rally in international precious metal prices and rupee depreciation, according to HDFC Securities.
Equity benchmark Sensex plummeted 1,407 points on Monday as panic over a new strain of coronavirus in the UK led to a massive selloff in global equities.
Taiwanese contract manufacturer for Apple Inc., Wistron Corp. has said that the recent violence at its facility in Karnataka will not cause significant impact to the company.
Sensex fell below over 1,500 point on Monday just before the closing, tracking weak cues from global markets amid concerns over a new strain of the virus leading to fresh restrictions in European countries. The Nifty too slipped below 13,450-mark.
IndiGo on Monday announced that it has partnered with car rental company Urban Drive so that passengers can book self-driven and chauffeur driver services across 60 cities in India. Passengers will be able to book this service using the airline's website.
Drug firm AstraZeneca Pharma on Monday said it has received marketing authorisation from Drug Controller General of India for Benralizumab solution, indicated as an add-on maintenance treatment for severe asthma.
In the previous session, Sensex settled at a record 46,960.69, up 70.35 points or 0.15 per cent, while Nifty rose 19.85 points or 0.14 per cent to 13,760.55 -- its new closing high.
Saudi Arabia, the world's largest oil exporter, on Sunday said its investment plans in India are on track, noting that the Indian economy has the strength to recover from the adverse impact of the coronavirus crisis.
In a major relief to central government pensioners, the deadline for submission of life certificates has been extended till February 28, 2021.
Noida will soon have an airport. The ambitious project approved by Uttar Pradesh Chief Minister Yogi Adityanath is being built in Jewar area along the Yamuna Expressway in the Gautam Buddh Nagar district.
Not-so-expensive credit avenues, benign capital markets and the scramble to built a liquidity war chest to fight pandemic-induced financial woes saw Indian companies mopping up close to Rs 10 lakh crore through equity and debt in 2020.
As India's smartphone market registered a massive year-over-year (YoY) growth of 42 per cent in October shipping 21 million units, 25 per cent of the market sat in top tier cities -- New Delhi, Mumbai, Bengaluru, Chennai, and Kolkata -- registering more than 50 per cent YoY growth in October.
According to the indictment, court filings, and statements made on the record in court, between March 2015 and August 2015, Nehal, a former member of Noble Titan Holdings, made false representations to obtain over USD 2.6 million worth of diamonds from LLD Diamonds USA on favourable credit terms and consignment, and then liquidated the diamonds for his own ends.
Salt-to-software conglomerate Tata Group and US-based fund Interups Inc were among "multiple" entities that put in preliminary bids last week for buying loss-making carrier Air India.
The Finance Ministry on Sunday said five states, including Tamil Nadu and Telangana, have been permitted to borrow an additional Rs 16,728 crore following completion of stipulated reforms for 'Ease of Doing Business'. Andhra Pradesh, Karnataka and Madhya Pradesh are the other states which have been permitted to borrow the extra amount.
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