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Equities extend losses, rising inflation a concern
Business

Equities extend losses, rising inflation a concern

New Delhi, April 25: Indian equity benchmarks extended their losses from the previous week as the markets are worried about the rising inflation besides the likelihood of monetary policy tightening in the US. Policy tightening, which essentially means rate hike, is negative for the Indian market...
Equity benchmark indices extend gains
Business

Equity benchmark indices extend gains

New Delhi, April 21: Indian equity benchmark indices extended their gains on Thursday from the previous session. At 9.55 a.m., Sensex was 0.8 per cent up at 57,473 points, whereas Nifty 0.7 per cent up at 17,252 points. Among the stocks, Coal India, Asian Paints, ITC, IndusInd Bank, and...
Snapping 5-day losing streak, indices up in opening session
Business

Snapping 5-day losing streak, indices up in opening session

New Delhi, April 20: Breaking the five day losing streak, Indian benchmark equity indices rose on Wednesday primarily due to value buying.In the past five sessions, the Sensex and Nifty declined almost 4 per cent. High inflation amid rising crude prices weighed on the investors sentiment in the past...
Sensex plunges 1,186 points in early trade; Nifty tests 17,160 level
Business

Sensex plunges 1,186 points in early trade; Nifty tests 17,160 level

Mumbai, Apr 18: Equity benchmark indices, which resumed trading after a long holiday, faced heavy drubbing on Monday, with the Sensex plunging over 1,186 points in early trade. The key index was dragged down by heavyweights Infosys and HDFC Bank amid weak trend in Asian markets. Stock...
Equity indices open positive despite high inflation in March
Business

Equity indices open positive despite high inflation in March

New Delhi, April 13: Indian benchmark equity indices opened on a positive note despite inflation print for March coming more than market expectations.Retail inflation for March came at 6.95 per cent, which has been above RBI's upper tolerance band of 6 per cent for three consecutive months since...
Indices fall in opening trade; Sensex decline over 400 pts
Business

Indices fall in opening trade; Sensex decline over 400 pts

New Delhi, April 11: Indian equity indices opened marginally lower on Monday.At 9.46 a.m., Sensex was 0.8 per cent 449 points down at 58,998 points, whereas Nifty 0.6 per cent or 112 points down at 17,672 points. For fresh cues, investors would eye inflation data and Q4 earnings of India Inc to be...
RBI proposes cardless cash withdrawal at ATMs, banks via UPI
Business

RBI proposes cardless cash withdrawal at ATMs, banks via UPI

Guwahati, April 8: Cardless cash withdrawal will soon be made available at all banks and ATMs using the Unified Payments Interface (UPI). As per a statement by the RBI, cardless cash withdrawal facility was currently applicable to a few banks and now it has been proposed to make the facility...
Markets open on positive note, turn negative
Business

Markets open on positive note, turn negative

Mumbai, April 8: The 30-scrip Sensitive Index (Sensex) on Friday opened on a positive note and went down during the morning session of the tradeThe Sensex of the BSE opened at 59,256.97 and touched a high of 59,297.46 points. The Sensex touched a low of 58,970.87 points.On Thursday, the Sensex...
Ashneer hits out at BharatPe board members for snatching keys
Business

Ashneer hits out at BharatPe board members for 'snatching keys'

New Delhi, April 7: Former Co-founder and managing director of BharatPe, Ashneer Grover, on Thursday once again hit at the board members of the fintech company, saying snatching the keys and running a corner shop are two different skill-sets.Ashneer was stripped last month of all company titles over...
Markets open on a negative note
Business

Markets open on a negative note

Mumbai, April 7: The 30-scrip Sensitive Index (Sensex) on Thursday opened on a negative note during the morning session of the trade.The Sensex of the BSE opened at 59,402.61 which was also the high point. The Sensex touched a low of 59,255.87 points.On Wednesday, the Sensex closed at 59,610.41...
HDFC announces merger with HDFC Bank, shares surge
Business

HDFC announces merger with HDFC Bank, shares surge

New Delhi, April 4: Housing loan major Housing Development Finance Corporation (HDFC) on Monday said its Board has approved merger of its wholly owned subsidiaries HDFC Investments and HDFC Holdings with HDFC Bank.Upon the merger scheme becoming effective, the subsidiaries or associates of HDFC will...
Indices extend gains on HDFC merger deal; Sensex up over 1,400 pts
Business

Indices extend gains on HDFC merger deal; Sensex up over 1,400 pts

New Delhi, April 4: India's key equity indices -- Sensex and Nifty -- extended their gains from the previous week and gained sharply in early trade on Monday.The key benchmark indices opened on an upbeat note driven by gains in HDFC and HDFC Bank as the two announced a merger deal. Housing...
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