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Sensex tanks over 450 pts in early trade; Nifty slips below 14,800
Business

Sensex tanks over 450 pts in early trade; Nifty slips below 14,800

Mumbai, May 11: Equity benchmark Sensex tumbled over 450 points in early trade on Tuesday, tracking losses in index-heavyweights HDFC twins, ICICI Bank and Kotak Bank amid negative cues from global markets.The 30-share BSE index was trading 470.10 points or 0.95 per cent lower at 49,032.31 in...
Sensex jumps 296 points; Nifty ends above 14,900
Business

Sensex jumps 296 points; Nifty ends above 14,900

Mumbai, May 10: Extending its gains for the fourth consecutive session, equity benchmark Sensex surged about 296 points to recapture the key 49,500-level on Monday, led by intense buying in pharma and energy stocks.At the closing bell, the 30-share BSE index quoted 295.94 points or 0.60 per cent...
Reliance Retail is second fastest growing retailer in the world
Business

Reliance Retail is second fastest growing retailer in the world

New Delhi, May 9: Reliance Retail ranks 53rd in the list of Global Powers of Retailing by Deloitte, improves from 56th earlier.It remains the 2nd fastest growing retailer in the world despite the base effect of being No.1 last year. Reliance Retail features consecutively for the 4th time in the...
Sensex jumps 257 points; Nifty ends above 14,800
Business

Sensex jumps 257 points; Nifty ends above 14,800

Mumbai, May 7: Extending its winning run to the third session, equity benchmark Sensex advanced 257 points on Friday, tracking gains in index majors HDFC twins, ITC and Bharti Airtel amid a positive trend in global markets.The 30-share BSE index ended 256.71 points or 0.52 per cent higher at...
Swiggy to prioritise Genie deliveries as Covid cases soar
Business

Swiggy to prioritise Genie deliveries as Covid cases soar

New Delhi, May 6: Food delivery platform Swiggy on Thursday announced to prioritise Genie deliveries the company's pick up and drop service as India is witnessing increasing Covid-19 cases in the second wave of coronavirus.All Genie orders will have dedicated customer care support. The...
Sensex, Nifty rise for 2nd day; auto, IT stocks take charge
Business

Sensex, Nifty rise for 2nd day; auto, IT stocks take charge

Mumbai, May 6: Equity gauges Sensex and Nifty notched up gains for the second straight session on Thursday following hectic buying mainly in auto, financial and IT counters.The BSE benchmark Sensex closed higher by 272.21 points or 0.56 per cent at 48,949.76. In volatile trade, the index oscillated...
Arunachal reports highest single-day spike of 234 COVID cases
Business

Arunachal reports highest single-day spike of 234 COVID cases

Itanagar, May 5: Continuing its upward trend in the rate of infections, Arunachal Pradesh on Tuesday reported the highest single-day spike with 234 new cases, taking its active caseload to 1632. With this, the tally of confirmed cases in the State crossed the 19k-mark, to be precise at 19,192,...
RBI relaxes KYC norms, tells banks not to impose any restriction till Dec-end
Business

RBI relaxes KYC norms, tells banks not to impose any restriction till Dec-end

Mumbai, May 5: The Reserve Bank on Wednesday asked banks and other regulated financial entities not to impose any punitive restriction against customers for failure to update KYC till December end, in view of the second wave of coronavirus cases. The RBI has also decided to extend the scope...
SBI allocates Rs 71 cr for fight against coronavirus
Business

SBI allocates Rs 71 cr for fight against coronavirus

New Delhi, May 3: The country's largest lender SBI on Monday announced allocating Rs 71 crore towards the fight against COVID-19, a part of which will be used to set up a makeshift 1,000-bed hospital for the treatment of patients in some of the worst-affected states. State Bank of...
Sensex down 400 points, banking stocks fall
Business

Sensex down 400 points, banking stocks fall

Mumbai, April 30: The key Indian equity indices declined on Friday morning with the BSE Sensex losing over 400 points.Heavy selling pressure was witnessed in banking and finance stocks. However, buying in metal and oil and gas stocks restricted the losses.Around 10.15 am, Sensex was trading at...
Sensex trims gains after reclaiming 50,000
Business

Sensex trims gains after reclaiming 50,000

Mumbai, April 29: The BSE Sensex pared major gains after crossing the 50,000-mark during the initial trade. Around 10.18 a.m., it was trading at 49,868.74, higher by 134.9 points or 0.27 per cent from its previous close of 49,733.84.It opened at 50,093.86 and has so far touched an intra-day...
Sensex up 350 points, auto stocks surge
Business

Sensex up 350 points, auto stocks surge

Mumbai, April 28: The key Indian equity indices traded on a positive note on Wednesday morning with the BSE Sensex gaining over 350 points.Healthy buying was seen in auto and banking stocks.Around 10.25 a.m., Sensex was trading at 49,300.42, higher by 356.28 points or 0.73 per cent from its previous...
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