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Sensex pares most losses; still ends in red

Sensex pares most losses; still ends in red

Rediff.com28 Jul 2021

Kotak Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by Dr Reddy's, M&M, PowerGrid, NTPC, Nestle India and HDFC Bank. NSE Nifty slipped 37.05 points to 15,709.40.

Sensex reclaims 60k, Nifty tops 18k-mark

Sensex reclaims 60k, Nifty tops 18k-mark

Rediff.com31 Oct 2022

The Sensex finished above the psychologically key 60,000-mark while the Nifty surged past the 18,000-level on Monday on across-the-board buying amid a mixed trend overseas. A depreciating rupee and concerns over the US Federal Reserve hiking rates later this week failed to quell investors' appetite for stocks, traders said. The 30-share BSE Sensex rallied 786.74 points or 1.31 per cent to settle at 60,746.59.

'We talk about India in every board meeting'

'We talk about India in every board meeting'

Rediff.com23 May 2023

'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'

Markets rebound nearly 1% on gains in auto, IT stocks

Markets rebound nearly 1% on gains in auto, IT stocks

Rediff.com23 Jun 2022

Equity benchmark indices Sensex and Nifty bounced back on Thursday to close higher by nearly 1 per cent on gains in banking, IT and auto shares amid mixed global trends. The 30-share BSE Sensex rose by 443.19 points or 0.86 per cent to settle at 52,265.72. During the day, it rallied 694.26 points or 1.33 per cent to 52,516.79. The NSE Nifty advanced 143.35 points or 0.93 per cent to 15,556.65.

Sensex drops 214 points on profit-booking

Sensex drops 214 points on profit-booking

Rediff.com1 Sep 2021

M&M was the top loser in the Sensex pack, shedding around 3 per cent, followed by Tata Steel, Bajaj Finserv, TCS, HDFC and Infosys. NSE Nifty declined 55.95 points to 17,076.25.

Sensex tanks 525 points, ends below 59K

Sensex tanks 525 points, ends below 59K

Rediff.com20 Sep 2021

Tata Steel was the top loser in the Sensex pack, sinking nearly 10 per cent, followed by SBI, IndusInd Bank, HDFC, Dr Reddy's and M&M. NSE Nifty tumbled 188.25 points to 17,396.90.

Sensex falls 87 points on selling in IT counters

Sensex falls 87 points on selling in IT counters

Rediff.com11 Jul 2022

Benchmark indices turned highly volatile in the last hour of trade on Monday, with the Sensex falling 86.61 points after three days of gain amid heavy selling in IT counters and weak trends in global markets. The 30-share BSE benchmark declined 86.61 points or 0.16 per cent to settle at 54,395.23. During the day, it fell by 391.31 points or 0.71 per cent to 54,090.53.

Sensex snaps 4-day losing streak, ends 166 pts higher

Sensex snaps 4-day losing streak, ends 166 pts higher

Rediff.com2 Jul 2021

Reliance Industries was the top gainer in the Sensex pack, rising over 1 per cent, followed by ICICI Bank, SBI, HDFC, M&M, Axis Bank, Bajaj Finance, Titan and Infosys. NSE Nifty advanced 42.20 points at 15,722.20.

Sensex slips 94 pts; Nifty falls to 16,569 level

Sensex slips 94 pts; Nifty falls to 16,569 level

Rediff.com6 Jun 2022

Markets continued to fall on Monday, with the Sensex declining 94 points as investors remained cautious amid unabated selling by foreign funds and elevated crude oil prices ahead of the RBI's policy decision later this week. The 30-share BSE Sensex declined 93.91 points or 0.17 per cent to end at 55,675.32. During the day, it tanked 473.49 points or 0.84 per cent to 55,295.74.

Selling pressure in financials drag Sensex down 355 points

Selling pressure in financials drag Sensex down 355 points

Rediff.com20 Jul 2021

IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by Tata Steel, NTPC, Bharti Airtel, HCL Tech, ICICI Bank, M&M and HDFC Bank. NSE Nifty fell 120.30 points to 15,632.10.

Russian counterpart tells Rajnath Ukraine might use 'dirty bomb'

Russian counterpart tells Rajnath Ukraine might use 'dirty bomb'

Rediff.com26 Oct 2022

Singh's comments that the nuclear option should not be resorted to is a message to Russia as well as Western powers backing Ukraine, people familiar with the matter said. Ukraine does not have any nuclear arsenal.

Ford, Mahindra to scrap proposed JV

Ford, Mahindra to scrap proposed JV

Rediff.com1 Jan 2021

US auto major Ford Motor Co on Friday said it and India's Mahindra & Mahindra have decided to scrap their previously announced automotive joint venture and it will continue its independent operations in India as it is. The two companies determined that they will not complete a previously announced automotive joint venture between their respective companies. The decision follows the passing of the December 31, 2020 'longstop' or expiration date of a definitive agreement the organisations entered into in October 2019, Ford Motor Company said in a statement.

Sensex rallies 380 pts led by gains in index majors

Sensex rallies 380 pts led by gains in index majors

Rediff.com26 May 2021

Bajaj Finserv was the top gainer in the Sensex pack, jumping nearly 5 per cent, followed by Bajaj Finance, Infosys, M&M, Maruti and HDFC. NSE Nifty surged 93 points to 15,301.45.

IS Thar the pinch-hitter Mahindra so badly needs?

IS Thar the pinch-hitter Mahindra so badly needs?

Rediff.com8 Sep 2020

With the Thar, M&M has come full circle. In a market where every other vehicle has an SUV tag, the company plans to stick to its core competence of making rugged, true-blue, all-terrain SUVs, and marks a fresh beginning for the 75-year-old firm that enjoyed an indomitable position in the SUV segment till 2012, reports Shally Seth Mohile.

Sensex, Nifty end flat after choppy trade

Sensex, Nifty end flat after choppy trade

Rediff.com18 Jun 2021

ONGC was the top loser in the Sensex pack, shedding around 4 per cent, followed by NTPC, PowerGrid, M&M, Nestle India, SBI and HCL Tech. On the other hand, HUL, Bajaj Auto, Bharti Airtel, Bajaj Finserv were among the gainers.

Chip woes dent festive mood for auto firms

Chip woes dent festive mood for auto firms

Rediff.com25 Oct 2021

The first leg of the 35-day festive period, which ended with Dussehra, failed to bring any cheer for auto companies. While makers of passenger vehicles struggled to meet demand due to the persistent shortage of semiconductors, a recovery in demand remained elusive for two-wheeler manufacturers despite offers and schemes. The overall season, which ends two days after Diwali, is unlikely to bring any turnaround in either the supply or the demand scenario, said dealers and officials at auto companies.

Positive economic data lift Sensex by 397 points

Positive economic data lift Sensex by 397 points

Rediff.com13 Jul 2021

ICICI Bank was the top gainer in the Sensex pack, surging nearly 3 per cent, followed by HDFC, Axis Bank, Sun Pharma, NTPC and M&M. NSE Nifty surged 119.75 points to 15,812.35.

PE/VC investments plunge 75% to just $3.3 bn in Oct

PE/VC investments plunge 75% to just $3.3 bn in Oct

Rediff.com17 Nov 2022

Deepening the funding crisis that startups have been witnessing for some time, the October inflows plunged 75 per cent on-year to $3.3 billion across 75 deals, including six large deals worth $2.2 billion, according to an industry report. Exits touched half of the inflows at $1.6 billion across 15 deals in the reporting months, a significant improvement over the previous month which saw just $653 million worth of exits across 24 deals, but 69 per cent lower on-year basis, according to the numbers collated by EY for the Indian Private Equity & Venture Capital Association, the umbrella body the PEs and VCs. However, the report said, on a month-on-month basis, the inflows continued to grow, clipping at 60 per cent over the September numbers.

3 major factors that will drive markets this week

3 major factors that will drive markets this week

Rediff.com7 Nov 2021

Global trends, the last batch of Q2 earnings and domestic macroeconomic data will dictate terms in the equity market, which had an extended weekend last week, analysts said. "FIIs' behaviour along with inflation numbers from US and China will remain key factors for this week. After an extended weekend, Indian markets are likely to start a fresh week with a positive note on the global backdrop. "However, there is a risk of selling pressure at higher levels as we are underperforming the global peers where the near-term texture has changed to 'sell on rise' from 'buy on dip'," Santosh Meena, head (research) at Swastika Investmart Ltd, said.

Sensex ends in red; sheds 291 points on profit-booking

Sensex ends in red; sheds 291 points on profit-booking

Rediff.com19 May 2021

Bajaj Finserv was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, M&M, Bharti Airtel, UltraTech Cement and Kotak Bank. NSE Nifty fell 77.95 points to 15,030.15.

RIL, Adani in race to strike a deal with Germany's Metro AG

RIL, Adani in race to strike a deal with Germany's Metro AG

Rediff.com6 Jun 2022

Three business houses are likely to be in the final race to strike a deal with Germany's Metro AG for investing in its India unit -- Metro Cash & Carry. Industry sources in the know named Reliance, Adani Group, and Thailand's conglomerate Charoen Pokphand (CP) as potential frontrunners to acquire a partial or full stake in the Gurugram-headquartered Metro Cash & Carry, which has 31 stores and 5,000 direct employees. Around 20 companies, including strategic and private equity investors, were approached by the German chain, inviting them to bid for the Indian wholesale business, according to a source aware of the M&A developments.

Markets halt 3-day rally; Sensex falls 359 points

Markets halt 3-day rally; Sensex falls 359 points

Rediff.com31 May 2022

Equity benchmarks declined on Tuesday after a three-day rally, with the Sensex falling 359.33 points amid selling in index majors HDFC, Reliance Industries and Infosys. Investors were cautious ahead of release of GDP data, while a jump in crude oil prices also weighed on market sentiment, traders said. The 30-share BSE Sensex went lower by 359.33 points or 0.64 per cent to settle at 55,566.41.

Recipe: Chocolate Lassi, Fun Strawberry Shake

Recipe: Chocolate Lassi, Fun Strawberry Shake

Rediff.com31 May 2022

Drinks perfect for a hot summer day.

Markets rebound to close over 1% higher; Sensex rallies 702 pts

Markets rebound to close over 1% higher; Sensex rallies 702 pts

Rediff.com28 Apr 2022

Benchmark stock indices Sensex and Nifty rebounded to close over 1 per cent higher on Thursday, propelled by buying in index majors Reliance Industries, HUL and Infosys along with an overall positive trend in global markets. The 30-share BSE benchmark jumped 701.67 points or 1.23 per cent to end at 57,521.06. During the day, it zoomed 971.46 points or 1.70 per cent to 57,790.85 on the expiry of derivatives contracts. The NSE Nifty rallied 206.65 points or 1.21 per cent to 17,245.05.

Over 18,000 cops to be deployed for safe New Year celebrations in Delhi

Over 18,000 cops to be deployed for safe New Year celebrations in Delhi

Rediff.com29 Dec 2022

The traffic will be restricted at Connaught Place from 8 pm on Saturday and alcometer will be used for the drunk driving challans.

Selling in banking, IT stocks pulls down Sensex by 566 points

Selling in banking, IT stocks pulls down Sensex by 566 points

Rediff.com6 Apr 2022

Benchmark BSE Sensex tumbled 566 points to settle below the 60,000-level on Wednesday, dragged down by heavy selling in banking and IT stocks amid weak global trends.

India's FDI inflow fell by 26% in 2021, says UN report

India's FDI inflow fell by 26% in 2021, says UN report

Rediff.com20 Jan 2022

Foreign Direct Investment flows to India in 2021 were 26 per cent lower, mainly because large M&A deals recorded in 2020 were not repeated, the UN trade body has said.

Sensex at new closing high; Nifty hits 18K

Sensex at new closing high; Nifty hits 18K

Rediff.com11 Oct 2021

Maruti was the top gainer in the Sensex pack, rallying nearly 4 per cent, followed by PowerGrid, ITC, NTPC, SBI, M&M, Kotak Bank and HDFC Bank. On the other hand, TCS was the top loser on the Sensex, shedding over 6 per cent.

Selling in index majors drag Sensex down 471 pts

Selling in index majors drag Sensex down 471 pts

Rediff.com12 May 2021

IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by HUL, ONGC, ICICI Bank, Axis Bank, Kotak Bank, M&M and Tech Mahindra. NSE Nifty tumbled 154.25 points to 14,696.50.

Sensex, Nifty close at new lifetime highs

Sensex, Nifty close at new lifetime highs

Rediff.com6 Sep 2021

HCL Tech was the top gainer in the Sensex pack, rising over 2 per cent, followed by Infosys, Reliance Industries, Tech Mahindra, Bajaj Auto and M&M. On the other hand, IndusInd Bank, Kotak Bank Bank, Power Grid, Sun Pharma and Asian Paints were among the laggards.

Samvat 2078 starts on auspicious note; BSE, NSE end in green

Samvat 2078 starts on auspicious note; BSE, NSE end in green

Rediff.com4 Nov 2021

M&M led the gainers' pack, spurting 2.76 per cent, followed by ITC, Kotak Bank, L&T, SBI, Bajaj Auto and Nestle India.

'Markets Are On A Weak Wicket. Hold Onto Cash'

'Markets Are On A Weak Wicket. Hold Onto Cash'

Rediff.com31 Jan 2023

'Only if the Budget springs some surprises we may see a halt in the selling.'

Sensex in green for 3rd straight day; ends up 257 points

Sensex in green for 3rd straight day; ends up 257 points

Rediff.com7 May 2021

HDFC was the top gainer in the Sensex pack, spurting over 2 per cent, followed by Bajaj Finserv, M&M, NTPC, Bharti Airtel, UltraTech Cement and ONGC. NSE Nifty rose 98.35 points to 14,823.15.

Sensex rallies 661 points on gains in auto, financials

Sensex rallies 661 points on gains in auto, financials

Rediff.com13 Apr 2021

M&M was the top gainer in the Sensex pack, rallying around 8 per cent, followed by Bajaj Finserv, Bajaj Finance, Maruti, Axis Bank, ONGC and HDFC Bank. NSE Nifty surged 194 points to 14,504.80.

BSVI phase 2: Diesel car cost likely to rise by nearly Rs 80,000

BSVI phase 2: Diesel car cost likely to rise by nearly Rs 80,000

Rediff.com25 Oct 2022

Buying a car, particularly a diesel-powered one, is set to pinch the customers' pockets even more from the next financial year, as the second phase of Bharat Stage VI (BSVI) emission norms kicks in. The rules require cars to be compliant with real driving emission (RDE) norms, which measure pollutants emitted by cars while they are being driven on the road, unlike in a laboratory test. The norms may increase the cost of producing diesel vehicles by nearly Rs 75,000 to Rs 80,000, and petrol-powered ones by Rs 25,000 to Rs 30,000, analysts said.

Sensex tanks 329 pts tracking losses in index majors

Sensex tanks 329 pts tracking losses in index majors

Rediff.com15 Dec 2021

Equity benchmark Sensex dropped 329 points on Wednesday, tracking losses in index majors Infosys, Bajaj Finance and HDFC amid a mixed trend in global markets. The 30-share index slumped 329.06 points or 0.57 per cent to end 57,788.03. Similarly, the NSE Nifty fell 103.50 points or 0.60 per cent to 17,221.40.

Sensex pares early gains, ends own 188 points

Sensex pares early gains, ends own 188 points

Rediff.com29 Sep 2022

Benchmark indices failed to hold on to early gains and closed in the red for the seventh straight session on Thursday, with participants remaining in wait-and-watch mode ahead of the RBI's interest rate decision. Unabated selling by foreign funds added to the pressure, though a modest recovery in the rupee cushioned the fall, traders said. After rallying in early trade, the 30-share BSE Sensex came under selling pressure in the afternoon session and closed 188.32 points or 0.33 per cent lower at 56,409.96.

Sensex rebounds 143 pts; Nifty ends above 17,800

Sensex rebounds 143 pts; Nifty ends above 17,800

Rediff.com7 Jan 2022

Equity benchmark Sensex rebounded 143 points on Friday, boosted by gains in index majors Reliance Industries, TCS and ICICI Bank amid a mixed trend in global markets. The 30-share index ended 142.81 points or 0.24 per cent higher at 59,744.65. Similarly, the NSE Nifty rose 66.80 points or 0.38 per cent to close at 17,812.70.

'Keep booking profits when market makes fresh highs'

'Keep booking profits when market makes fresh highs'

Rediff.com4 Jan 2023

'We suggest investors with suitable risk appetite to consider allocating 40-50 per cent in large-caps, 25-30 per cent of funds in quality mid and small-caps and the rest in debt and high yield products.'

Sensex, Nifty end flat in range-bound trade

Sensex, Nifty end flat in range-bound trade

Rediff.com26 Aug 2021

Reliance Industries was the top gainer in the Sensex pack, rising over 1 per cent, followed by M&M, HCL Tech, Axis Bank, ICICI Bank and HUL. On the other hand, Bharti Airtel, Maruti, SBI, PowerGrid, NTPC and Tata Steel were among the laggards.