Sensex snaps 4-day rally, crashes 984 points, HDFC twins top drags
April 30, 2021 17:43 ISTThe 30-share BSE Sensex sank 983.58 points or 1.98 per cent to finish at 48,782.36. The broader NSE Nifty tanked 263.80 points or 1.77 per cent to 14,631.10.
The 30-share BSE Sensex sank 983.58 points or 1.98 per cent to finish at 48,782.36. The broader NSE Nifty tanked 263.80 points or 1.77 per cent to 14,631.10.
Grain market in Amritsar wore deserted look despite the state government announced the beginning of procurement of produce on Apr 10.
The 30-share BSE index was trading 186.94 points or 0.38 per cent lower at 49,559.27. Similarly, the broader NSE Nifty slipped 44.10 points or 0.30 per cent to 14,829.70.
Infosys will work with London-based steel and mining firm's European arm and share its best practice to optimise, stabilise and transform its IT landscape.
NEFT, RTGS money transfer services has been extended to payments banks by the RBI.
Governor Das said prepaid payments instruments (PPIs) were given the option to become interoperable, wherein customers of one company can send funds to customers of other PPIs or banks.
After enactment of SARFAESI Act in 2002, regulatory guidelines for ARCs were issued in 2003 to enable development of this sector and to facilitate smooth functioning of companies.
Airtel will receive a consideration of Rs 1,037.6 crore from Jio for proposed transfer. Jio will assume future liabilities of Rs 459 crore relating to the spectrum.
The food inflation trajectory will critically depend on temporal and special progress of southwest monsoon in the 2021 season.
PowerGrid was top gainer in Sensex pack, rising over 2 per cent, followed by M&M, NTPC, IndusInd Bank, Bajaj Finance, Sun Pharma and Infosys etc.
Eight of the top 10 most-valued companies together witnessed an erosion of Rs 1,23,670.47 crore from market valuation last week, in-line with a bearish broader market trend.
World's largest all-women-run market 'Ima Keithal' or the 'Mother's Market', located in the Manipur state capital, was formally reopened on Monday after 11 months, bringing smile on the faces of over 3,600 women traders.
With no major domestic event lined up this week, equity markets would look at global trends, updates over the new virus strain and progress on vaccination to derive cues for further movement, analysts said. Equity markets may also witness volatility amid the monthly derivative expiry.
Delhi Chief Minister Arvind Kejriwal met the representatives of the market associations of Delhi on Friday to seek cooperation in controlling the rising cases of Corona in the national capital.
The Sensex dived 812 points while the Nifty closed below the 11,300-mark on Monday, in tandem with a global selloff after a resurgence of coronavirus cases in Europe stoked fears of another round of lockdowns.
People arrived at the wholesale fruit and vegetable market in Delhi's Ghazipur market to make purchase amid COVID-19 outbreak.
Bengaluru markets wore a deserted look ahead of Eid festival on May 24.
Amid fear of coronavirus, authorities closed markets in Jammu and Kashmir's Srinagar on March 21.
Top gainers in the Sensex pack included Hero MotoCorp, Reliance Industries, ICICI Bank and L&T, while Tata Steel, IndusInd Bank, ONGC, SBI and Infosys ended significantly lower.
More than 1,700 BSE-listed stocks, mostly from the mid-cap and small-cap space, witnessed heavy selloff on Friday, as equity markets crashed amid rising fears of the coronavirus outbreak turning into a pandemic.
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