Search results for ' INDS'

Confirmed! Aus-Ind Boxing Day Test to have 25k fans

Confirmed! Aus-Ind Boxing Day Test to have 25k fans

Rediff.com28 Oct 2020

Victoria state sports minister Martin Pakula said the government would develop a plan with Cricket Australia and the MCG to allow the famed 100,000-seat stadium to be at one-quarter capacity for the Test starting on Dec. 26.

Markets fall on selling in IT, banking shares, FII outflows

Markets fall on selling in IT, banking shares, FII outflows

Rediff.com19 Apr 2023

Among the Sensex firms, HCL Technologies fell the most by 2.4 per cent. IndusInd Bank (2.35 per cent), Infosys (2.28 per cent), Wipro (1.8 per cent), NTPC (1.71 per cent), Asian Paints (1.7 per cent), Tata Consultancy Services (1.36 per cent),Tech Mahindra (1.03 per cent) and SBI (1 per cent) were among the major laggards.

Sensex slips below 61K; Nifty retains 18,000 mark

Sensex slips below 61K; Nifty retains 18,000 mark

Rediff.com10 Nov 2022

Equity benchmark Sensex declined over 410 points to close below the 61,000-mark on Thursday, tracking weakness in M&M, Bajaj Finserv and Reliance Industries amid widespread selling pressure in global markets. A depreciating rupee also put pressure on domestic equities, traders said. In a subdued session, the 30-share BSE Sensex ended 419.85 points or 0.69 per cent lower at 60,613.70.

Sensex, Nifty pare intra-day gains to end in red

Sensex, Nifty pare intra-day gains to end in red

Rediff.com30 Dec 2022

From the Sensex pack, ICICI Bank, Bharti Airtel, HDFC, ITC, Nestle, Larsen & Toubro, Asian Paints, Mahindra & Mahindra, Power Grid and IndusInd Bank were the major laggards on Friday. In contrast, Bajaj Finserv, Titan, Bajaj Finance, Tata Steel, Tata Motors, Wipro, Kotak Mahindra Bank, Tech Mahindra, Reliance Industries and State Bank of India were the major winners.

Markets fall for 5th day: Investors become poorer by Rs 7.48 lakh cr

Markets fall for 5th day: Investors become poorer by Rs 7.48 lakh cr

Rediff.com23 Feb 2023

Equity investors became poorer by Rs 7.48 lakh crore in five consecutive days of market fall, where the BSE Sensex has declined by nearly 3 per cent. In the past five days, the BSE Sensex has tumbled 1,713.71 points or 2.79 per cent. This has led to an erosion of Rs 7,48,887.04 crore from the market capitalisation of BSE-listed firms in five trading sessions.

Markets down 1%; Sensex tanks 671 points

Markets down 1%; Sensex tanks 671 points

Rediff.com10 Mar 2023

Among Sensex shares, HDFC Bank fell the most by 2.58 per cent, followed by SBI (2.12 per cent), HDFC (2.09 per cent), and IndusInd Bank (2.02 per cent). Axis Bank, Bajaj Finserv, M&M, L&T, Reliance, Infosys and TCS were among the major losers. In contrast, Tata Motors, Maruti, NTPC, Sun Pharma, Power Grid and Titan were among the gainers.

Reliance Cap: Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer

Reliance Cap: Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer

Rediff.com26 Apr 2023

A Hinduja Group firm on Wednesday emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said. The bid by IndusInd International Holdings Ltd (IIHL) is higher than Rs 8,640 crore offer made by Torrent Investments in the first round of auction held in December last year. The other two suitors -- Torrent Investments and Oaktree -- did not participate in the second round of auction, sources said.

Anti-money laundering provisions imposed on cryptos

Anti-money laundering provisions imposed on cryptos

Rediff.com8 Mar 2023

The government has imposed anti-money laundering provisions on cryptocurrencies or virtual assets as it looks to tighten oversight of digital assets. In a gazette notification, the Finance Ministry said the anti-money laundering legislation has been applied to crypto trading, safekeeping and related financial services. After this, Indian crypto exchanges will have to report suspicious activity to the Financial Intelligence Unit India (FIU-IND).

Sensex rises 243 points; Nifty ends above 18K

Sensex rises 243 points; Nifty ends above 18K

Rediff.com15 Feb 2023

Benchmark Sensex pared early losses to close 242 points higher while Nifty settled above the 18,000-mark on Wednesday following gains in IT, oil and select banking stocks amid mixed global trends. Extending gains for a second day, the 30-share BSE Sensex advanced 242.83 points or 0.40 per cent to close at 61,275.09 with 20 of its constituents ending in the green. The index opened lower at 60,990.05 but later regained foot to touch a high of 61,352.55 in day trade.

Sensex, Nifty end marginally lower

Sensex, Nifty end marginally lower

Rediff.com27 Sep 2022

Equity benchmark Sensex and Nifty ended marginally down on Tuesday tracking losses in metal, banking and financial stocks. Investors also remained concerned over persistent foreign fund outflows, traders said. Falling for the fifth consecutive session, the 30-share BSE index ended 37.70 points or 0.07 per cent lower at 57,107.52. Similarly, the NSE Nifty shed 8.90 points or 0.05 per cent to close at 17,007.40.

Markets in free fall; Sensex tanks 954 points

Markets in free fall; Sensex tanks 954 points

Rediff.com26 Sep 2022

Benchmark indices fell sharply on Monday, with the Sensex and Nifty tumbling nearly 2 per cent each amid weak global market trends and foreign fund outflows. Falling for the fourth straight day, the 30-share BSE Sensex tanked 953.70 points or 1.64 per cent to settle at 57,145.22. During the day, it plummeted 1,060.68 points or 1.82 per cent to 57,038.24.

Markets rebound after 2-day slide; Sensex jumps 777 points

Markets rebound after 2-day slide; Sensex jumps 777 points

Rediff.com26 Apr 2022

Benchmark indices rebounded sharply on Tuesday after falling for the past two sessions, with the Sensex rallying nearly 777 points, helped by buying in index major Reliance Industries and recovery in global markets. The 30-share BSE benchmark jumped 776.72 points or 1.37 per cent to end at 57,356.61. During the day, it rallied 862.35 points or 1.52 per cent to 57,442.24. The broader NSE Nifty gained 246.85 points or 1.46 per cent to finish at 17,200.80.

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Rediff.com25 Jan 2023

Among Sensex stocks, SBI, IndusInd Bank, HDFC Bank, Axis Bank, HDFC, Tech Mahindra, ICICI Bank, Ultratech Cement, L&T, Bajaj Finserv, Reliance, HCL Tech, Asian Paints, Wipro and M&M were the major losers. On the other hand, HUL advanced the most by 1.14 per cent. Maruti, Tata Steel, NTPC and Sun Pharma also posted gains.

Markets tumble nearly 2%; Sensex tanks 1,021 points

Markets tumble nearly 2%; Sensex tanks 1,021 points

Rediff.com23 Sep 2022

Equity indices fell sharply by nearly 2 per cent each, extending their decline for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex tanked 1,020.80 points or 1.73 per cent to settle at 58,098.92. During the day, it tumbled 1,137.77 points or 1.92 per cent to 57,981.95.

Banks' Romance With Profit Will End In March

Banks' Romance With Profit Will End In March

Rediff.com1 Mar 2023

The drop in net interest margin will separate the men from the boys, explains Tamal Bandyopadhyay.

Markets rebound; Sensex, Nifty rally almost 3%

Markets rebound; Sensex, Nifty rally almost 3%

Rediff.com20 May 2022

Equity benchmarks bounced back sharply on Friday after facing a heavy drubbing in the previous trade, with the Sensex and Nifty jumping nearly 3 per cent, aided by positive trends from global markets and across-the-board buying. Index majors Reliance Industries and HDFC twins saw robust buying, helping the benchmarks. The 30-share BSE Sensex rallied 1,534.16 points or 2.91 per cent to settle at 54,326.39.

Sensex hits 63K for first time; Nifty ends at fresh high

Sensex hits 63K for first time; Nifty ends at fresh high

Rediff.com30 Nov 2022

Benchmark BSE Sensex settled above the 63,000-level for the first time on Wednesday, extending its winning momentum to seventh day amid a largely positive trend in global markets and continuous foreign fund inflows.

Sensex, Nifty settle at fresh lifetime highs

Sensex, Nifty settle at fresh lifetime highs

Rediff.com29 Nov 2022

The Sensex and Nifty ended at fresh lifetime peaks on Tuesday amid a largely firm trend in other Asian markets and continuous foreign fund inflows. The 30-share BSE Sensex gained 177.04 points or 0.28 per cent to settle at 62,681.84, its fresh record closing high. During the day, it jumped 382.6 points or 0.61 per cent to its lifetime intra-day peak of 62,887.40.

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Rediff.com17 May 2023

His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.

Sensex closes 415 points higher; crosses 60K

Sensex closes 415 points higher; crosses 60K

Rediff.com6 Mar 2023

Among Sensex stocks, Tata Motors rose the most by 2.79 per cent. NTPC, Reliance Industries, Infosys, TCS, HDFC twins, Tata Motors, ITC, Power Grid and Bajaj Finserv were among the major gainers. Tata Steel fell the most by 1.22 per cent. L&T, Sun Pharmaceuticals, IndusInd Bank and Ultratech Cement were among the losers.

Sensex, Nifty close lower on selloff in power, metal stocks

Sensex, Nifty close lower on selloff in power, metal stocks

Rediff.com9 Nov 2022

Equity benchmarks Sensex and Nifty gave up early gains to close in the red on Wednesday after a selloff in power, metal and consumer durable stocks amid a weak trend in global equities. However, a rally in the rupee against the US dollar and unabated foreign capital inflows helped the indices restrict the losses, traders said. In a largely range-bound session, the 30-share BSE Sensex ended 151.60 points or 0.25 per cent lower at 61,033.55.

Markets in green on easing inflation; metal, IT shares shine

Markets in green on easing inflation; metal, IT shares shine

Rediff.com13 Jan 2023

From the Sensex pack, Tata Steel, IndusInd Bank, Infosys, UltraTech Cement, NTPC, Bajaj Finance, Hindustan Unilever, Tata Consultancy Services, ICICI Bank and Maruti were among the major winners. Titan, Nestle, Larsen & Toubro, Axis Bank, ITC and Asian Paints were among the major laggards.

Foreign fund inflows push Sensex up by 105 points

Foreign fund inflows push Sensex up by 105 points

Rediff.com9 Sep 2022

Benchmark indices ended on a firm note on Friday, extending their previous day's gain, amid continuous foreign fund inflows and a positive trend in the global markets. The 30-share BSE Sensex climbed 104.92 points or 0.18 per cent to settle at 59,793.14. During the day, it jumped 431.58 points or 0.72 per cent to 60,119.80.

After 8 days, investors book profit; Sensex ends down 416 points

After 8 days, investors book profit; Sensex ends down 416 points

Rediff.com2 Dec 2022

Equity benchmark indices ended lower on Friday, halting their eight-day rally, amid a weak trend in global markets and emergence of profit-taking. The 30-share BSE Sensex fell 415.69 points or 0.66 per cent to settle at 62,868.50. During the day, it tanked 604.56 points or 0.95 per cent to 62,679.63.

Sensex snaps 5-day rout, rebounds 367 points

Sensex snaps 5-day rout, rebounds 367 points

Rediff.com25 Jan 2022

Maruti was the top gainer in the Sensex pack, rising around 7 per cent, followed by Axis Bank, SBI, IndusInd Bank, Bharti Airtel and NTPC.

Markets pare early gains; Sensex sheds 241 points

Markets pare early gains; Sensex sheds 241 points

Rediff.com22 Dec 2022

From the Sensex pack, Mahindra & Mahindra, Bajaj Finserv, IndusInd Bank, Tata Motors, Tata Steel, Larsen & Toubro, Axis Bank and NTPC were among the major laggards. UltraTech Cement, Infosys, Asian Paints, Kotak Mahindra Bank, Sun Pharma and Bharti Airtel were the winners.

Markets end in red; Sensex falls 263 points

Markets end in red; Sensex falls 263 points

Rediff.com21 Sep 2022

Equity indices ended lower on Wednesday amid mixed global market trends ahead of the keenly awaited US Fed interest rate decision. The 30-share BSE Sensex fell 262.96 points or 0.44 per cent to settle at 59,456.78. During the day, it tanked 444.34 points or 0.74 per cent to 59,275.40. The NSE Nifty went lower by 97.90 points or 0.55 per cent to end at 17,718.35.

Auto, metal, banking stocks lift Sensex by 67 points

Auto, metal, banking stocks lift Sensex by 67 points

Rediff.com9 Feb 2022

Maruti was the top gainer in the Sensex pack, rising over 4 per cent, followed by IndusInd Bank, HDFC Bank, Bajaj Finserv, Titan, Wipro, and Bharti Airtel. NSE Nifty jumped 197.05 points to end at 17,463.80.

Sensex jumps 579 points; Nifty up over 1%

Sensex jumps 579 points; Nifty up over 1%

Rediff.com20 Sep 2022

Equity indices ended higher for the second straight session on Tuesday, with the Nifty rallying over 1 per cent, helped by across-the-board buying and recovery in the US and Asian markets. Foreign fund inflows also added to the momentum. The 30-share BSE Sensex climbed 578.51 points or 0.98 per cent to settle at 59,719.74.

Auditor Deloitte, 3 board members sever ties with Byju's

Auditor Deloitte, 3 board members sever ties with Byju's

Rediff.com22 Jun 2023

Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn. Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed. In a letter sent to the board of Think & Learn Pvt Ltd (known as Byju's), Deloitte said it has not been able to start an audit due to the delays and that will have a "significant impact" on its ability to "plan, design perform and complete" the audit as per standards.

Sensex tanks 1,093 points; closes below 60K

Sensex tanks 1,093 points; closes below 60K

Rediff.com16 Sep 2022

Benchmark indices faced severe drubbing on Friday, with the Sensex and Nifty falling nearly 2 per cent each amid feeble global market trends. Foreign fund outflows and fears of recession in the global economy have dented investor sentiments. Falling for the third day in a row, the 30-share BSE Sensex tanked 1,093.22 points or 1.82 per cent to settle at 58,840.79.

Sensex, Nifty edge lower in choppy trade

Sensex, Nifty edge lower in choppy trade

Rediff.com21 Feb 2023

From the Sensex pack, Tata Motors, Sun Pharma, Wipro, Tata Consultancy Services, UltraTech Cement, Tech Mahindra, Bajaj Finserv, HCL Technologies, Infosys and IndusInd Bank were the major laggards. NTPC, Power Grid, Reliance Industries, Tata Steel, HDFC and HDFC Bank were the major winners.

Markets end in green; Sensex climbs 145 points

Markets end in green; Sensex climbs 145 points

Rediff.com14 Dec 2022

Benchmark indices Sensex and Nifty ended with gains on Wednesday, extending the previous day rally amid lower level of inflation on domestic front and better-than-expected inflation readings from the US. The 30-share BSE Sensex climbed 144.61 points or 0.23 per cent to settle at 62,677.91. During the day, it jumped 301.81 points or 0.48 per cent to 62,835.11.

Sensex tanks over 1,400 pts amid global market rout

Sensex tanks over 1,400 pts amid global market rout

Rediff.com19 May 2022

Equity benchmarks fell sharply on Thursday in line with an extremely weak trend in the global markets, with the Sensex plunging 1,154.78 points in early trade. Persistent foreign fund outflows and a spurt in crude oil prices also dampened sentiment. The 30-share BSE benchmark was trading 1,154.78 points lower at 53,053.75. The broader NSE Nifty tumbled 335.65 points to 15,904.65.

Markets settle lower on fag-end sell-off; Sensex falls 311 points

Markets settle lower on fag-end sell-off; Sensex falls 311 points

Rediff.com25 Aug 2022

Equity benchmarks ended lower on Thursday as a fag-end sell-off wiped out early gains, with IT and bank stocks playing spoilsport amid monthly derivatives expiry. After remaining in the positive territory for most part of the trade, the BSE Sensex suddenly came under selling pressure during the last half-hour of the session, declining 310.71 points or 0.53 per cent to settle at 58,774.72. During the day, it hit a high of 59,484.35 and a low of 58,666.41.

Rocket-propelled grenade hits Punjab police intelligence headquarters

Rocket-propelled grenade hits Punjab police intelligence headquarters

Rediff.com10 May 2022

A rocket-propelled grenade hit the Punjab police's intelligence wing headquarters in Mohali on Monday night.

Markets bounce back after 8 days; end nearly 1% higher

Markets bounce back after 8 days; end nearly 1% higher

Rediff.com1 Mar 2023

From the Sensex pack, State Bank of India, Axis Bank, IndusInd Bank, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Maruti Suzuki, Tata Steel and Tata Motors were the major gainers. Power Grid and HDFC Bank were the laggards from the pack.

Why Uday Kotak Will Step Down In December

Why Uday Kotak Will Step Down In December

Rediff.com7 Aug 2023

Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.

Sensex pares early gains as IT stocks crack

Sensex pares early gains as IT stocks crack

Rediff.com9 Dec 2022

Equity benchmark Sensex declined nearly 390 points on Friday, pressured by heavy selling in IT, tech and energy stocks despite a positive trend in the global markets. Besides, rising crude oil prices and relentless foreign capital outflows further weighed on sentiment, traders said. The 30-share BSE Sensex opened strong but came under severe selling pressure to close 389.01 points or 0.62 per cent lower at 62,181.67.

Markets sink over 2%; Sensex ends below 53K

Markets sink over 2%; Sensex ends below 53K

Rediff.com12 May 2022

Benchmark indices continued their downtrend for the fifth session on the trot on Thursday, with the Sensex tumbling nearly 817 points in early trade, tracking weak global trends and selling in index majors Reliance Industries and HDFC Bank. Unabated selling by foreign institutional investors also weighed on the sentiment. The 30-share BSE Sensex was trading 816.78 points lower at 53,271.61. The NSE Nifty declined 234.05 points to 15,933.05.