Given that people have been reluctant to order cooked food - which worsened due to a couple of cases of delivery personnel testing positive for COVID-19 - food delivery platforms have included grocery delivery as part of their services.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
Bajaj Finance was the top laggard in the Sensex pack, slumping over 10 per cent, followed by M&M, Titan, Hero MotoCorp, ICICI Bank and Tech Mahindra. On the other hand, L&T, Bharti Airtel, IndusInd Bank, UltraTech Cements and NTPC were among the gainers.
Sudhanshu Singh, director IBBM, MM Securities, answers your mutual fund queries.
Summary of sports events and persons who made news on Thursday
There was a delay in sowing of kharif onion because of late arrival of monsoon and later floods in many states damaged the crop.
Once decisions are taken to sell stock in certain state-controlled enterprises, there is no reason to not start scheduling sales immediately.
Cox & Kings had a total debt of Rs 3,238 crore at end of FY19 and this included both short-term and long-term loans.
Check out some of the stocks that will react on the basis of their numbers in the near term.
India's fertiliser subsidy bill is likely to shoot up by 55 per cent to record Rs 2.5 lakh crore this fiscal as the government will provide additional funds to make up for the spike in cost from higher import price, top sources said on Thursday. The government will ensure that there is no shortage of fertilisers in the country during the kharif (summer-sown) and rabi (winter-sown) season and it is already in talks with major global producers to import key soil nutrients, they added. According to the sources, Union Chemicals and Fertilisers Minister Mansukh Mandaviya is likely to visit many countries, including Saudi Arabia, Oman and Morocco, soon to secure imports on both short and long term basis.
At the benchmark Lasalgaon Agricultural Produce Market Committee (APMC) mandi, the model onion price shot up to Rs 21.50 a kg on Thursday, as against Rs 16.50 a kg on Wednesday. This was the highest since February 11.
Dr Reddy's was the top loser in the Sensex pack, shedding around 5 per cent, followed by M&M, Tech Mahindra, Axis Bank, IndusInd Bank and TCS. NSE Nifty sank 306.05 points to finish at 14,675.70.
Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.
Late selling in realty, PSU and infrastructure stocks mainly dragged the market from early highs.
'We would advise investors to hold on to multi-cap funds and not invest further until further clarity emerges.'
The Nifty ended with a loss of 52 points at 5,269. BSE market breadth was negative. Out of 2,959 stocks traded, 1,696 declined while 1,148 advanced.
Sensex seems to be under pressure on weak cues.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Top losers in the Sensex pack included IndusInd Bank, Yes Bank, SBI, L&T, Tata Steel, M&M, Bajaj Finance, Vedanta, Tata Motors and RIL, tumbling up to 6.97 per cent.
It is too early to judge if the fall in Nifty from an all-time high of 11,170 to February 12 closing of 10,539 is a big trend reversal or merely a short-term correction, says Devangshu Datta.
Tendering the shares in an open offer will lead to higher taxation.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The earliest ones included whistles shaped like birds, toy monkeys that could slide down a string and small carts made from materials found in nature such as sticks, clay and rocks. While there might be no disputing India's rich toy-making tradition, the industry is languishing for lack of investment and technology, and also owing to competition from cheap imports. And though it has been listed among 24 key sectors under the government's Atmanirbhar Bharat Abhiyaan, the question remains: will this push help place it in the global game? Currently, 80-odd per cent of the toys sold in India are imported - nearly 60 per cent of them from China.
As far as your long-term plans are concerned, there is no need to effect any change. In fact, you should use the current sell off in the global and Indian markets as an opportunity and consider adding to your stocks investments.
Despite price correction, policies that support the yellow metal will remain in place in the foreseeable future.
Three million tonnes of buffer stock, where the government bears the interest and insurance cost, was announced by the Centre only for a year and that period is ending in June.
Investors can sell shares in the open market if the price is good, to take advantage of the tax arbitrage.
'The Sangh Parivar's position is that whatever gold that is there in a temple should remain there. It shouldn't be taken away by anyone.' 'See, we are not misappropriating anything; we are only using it for the welfare of the temple and the devotees.'
The Sensec ended marginally higher on favourable cues in domestic market.
'It is less dependent on imported capital.'
'If you are ready to stomach the loss, you may invest 3-5 per cent of your portfolio in crypto assets.' 'Of this, 80-90 per cent should be in Bitcoin.'
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
The Sensex swung over 660 points both ways on alternate bouts of selling and buying before closing the day higher by 97.39 points, or 0.28 per cent.
Regulator Sebi on Friday imposed penalties on Reliance Industries Ltd, its chairman and managing director Mukesh Ambani as well as two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. Fines of Rs 25 crore and Rs 15 crore have been imposed on Reliance Industries Ltd (RIL) and Ambani, respectively. Besides, Navi Mumbai SEZ Pvt Ltd has been asked to pay a penalty of Rs 20 crore and Mumbai SEZ Ltd has been directed to pay Rs 10 crore. The case pertains to sale and purchase of RPL shares in the cash and the futures segments in November 2007.
At the BSE, 1,964 stocks declined and 871 advanced while 99 remained unchanged.
Retail prices of tomato had touched almost Rs 80 per kg in major cities owing to short supply and transportation cost over the past few weeks following heavy downpour.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
During an over three-hour hearing on the matter relating to oxygen crisis and shortage of medicines to treat COVID-19 patients in the national capital, the court observed that the "problem lies with the Delhi government" and directed nodal officer Udit Prakash to ensure supply of oxygen by cylinders to hospitals and nursing homes "without fail".
Keki Mistry, bottom, left, vice-chairman, Housing Development Finance Corporation (HDFC), tells Joydeep Ghosh that debt fund investors could become risk-averse, leading to problems for other non-banking financial companies.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances