News for '-utpal'

Investors' wealth tumbles by over Rs 8.47 lakh crore

Investors' wealth tumbles by over Rs 8.47 lakh crore

Rediff.com14 Feb 2022

Investors' wealth plummeted by more than Rs 8.47 lakh crore on Monday as the stock market continued to be ravaged by weak global sentiments triggered by mounting tensions between Russia and Ukraine. The domestic market remained in the red for the second straight session after witnessing a massive sell-off on Friday. As the counters closed for the day on Monday, the 30-share benchmark Sensex had plunged 1,747.08 points to 56,405.84 points, a decline of 3 per cent.

Omicron scare: Over 100 foreign returnees untraceable in Maha

Omicron scare: Over 100 foreign returnees untraceable in Maha

Rediff.com7 Dec 2021

The mobile phones of some of these people were switched off while many of the last given addresses were found to be locked.

Selling in oil, banking & IT shares drag markets down

Selling in oil, banking & IT shares drag markets down

Rediff.com13 Jul 2022

Benchmark equity indices Sensex and Nifty reversed their early gains to close lower on Wednesday due to selling in oil & gas, banking and IT stocks amid weak trends in European markets. The 30-share BSE Sensex declined by 372.46 points or 0.69 per cent to close at 53,514.15, extending its falling streak to a third day. The index opened higher and touched the day's high of 54,211.22 amid gains in Asian markets.

Markets reverse early gains in volatile trade; Sensex falls 236 pts

Markets reverse early gains in volatile trade; Sensex falls 236 pts

Rediff.com24 May 2022

Equity indices failed to hold on to morning gains on Tuesday, with the Sensex falling 236 points amid a sell-off in IT stocks and weak trends from global markets. The 30-share BSE benchmark opened higher but could not carry forward the momentum and declined 236 points or 0.43 per cent to settle at 54,052.61. During the day, it hit a low of 53,886.28 and a high of 54,524.37. The broader NSE Nifty dropped 89.55 points or 0.55 per cent to end at 16,125.15.

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.

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Rediff.com23 Sep 2022

Investors' wealth eroded by over Rs 4.90 lakh crore on Friday amid a sharp fall in equities. 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. The market capitalisation of the BSE-listed firms plummeted by Rs 4,90,162.55 crore to Rs 2,76,64,566.79 crore on Friday.

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.

D-Street ends on a high; Sensex rallies 1,040 points

D-Street ends on a high; Sensex rallies 1,040 points

Rediff.com16 Mar 2022

Ultratech Cement was the top gainer in the Sensex pack, spurting nearly 5 per cent, followed by Axis Bank, IndusInd Bank, HDFC, Bajaj Finserv, Infosys and Bajaj Finance.

RIL, ICICI Bank, L&T lift Sensex by 612 points

RIL, ICICI Bank, L&T lift Sensex by 612 points

Rediff.com22 Dec 2021

Bajaj Finance was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bharti Airtel, Sun Pharma, Reliance Industries and SBI. NSE Nifty advanced 184.60 points to 16,955.45.

Realty, auto, metal stocks drag Sensex down by 550 points

Realty, auto, metal stocks drag Sensex down by 550 points

Rediff.com18 Jan 2022

Equity benchmark Sensex plunged by 554.05 points on Tuesday, tracking deep losses in realty, auto and metal stocks amid widespread selling pressure in global markets. The 30-share index slumped by 554.05 points or 0.90 per cent to end at 60,754.86. The broader NSE Nifty fell by 195.05 points or 1.07 per cent to 18,113.05.

IT, financial shares boost Sensex by 651 points

IT, financial shares boost Sensex by 651 points

Rediff.com10 Jan 2022

On the Sensex chart, Titan, Maruti, SBI, L&T, HDFC and Kotak Bank emerged as prominent gainers. NSE Nifty climbed 190.60 points to settle at 18,003.30.

Markets rebound; Sensex surges 1,329 points

Markets rebound; Sensex surges 1,329 points

Rediff.com25 Feb 2022

A day after suffering their worst session in about two years, benchmark indices Sensex and Nifty rebounded up to 2.5 per cent on Friday, in line with higher global markets as the US and allies put up a united front to punish Russia with harsher sanctions over the Ukraine conflict. Snapping their seven-day losing streak, the BSE Sensex climbed 1,328.61 points or 2.44 per cent to settle at 55,858.52, while the NSE Nifty went soared 410.45 points or 2.53 per cent to 16,658.40. Barring HUL and Nestle, all Sensex shares closed with gains -- with Tata Steel, IndusInd Bank, Bajaj Finance, NTPC and Tech Mahindra surging as much as 6.54 per cent.

Gains in index majors lift Sensex by 874 points

Gains in index majors lift Sensex by 874 points

Rediff.com21 Apr 2022

Equity markets maintained their winning momentum for the second day in a row on Thursday, with the Sensex surging over 874 points, propelled by index majors Reliance Industries, Infosys and HDFC twins amid a mixed trend in global markets. The BSE benchmark Sensex zoomed 874.18 points or 1.53 per cent to finish at 57,911.68. During the day, it jumped 954.03 points or 1.67 per cent to 57,991.53. The NSE Nifty rallied 256.05 points or 1.49 per cent to 17,392.60.

5-state polls: Big winners and losers

5-state polls: Big winners and losers

Rediff.com11 Mar 2022

Counting for assembly polls in Uttar Pradesh, Punjab, Uttarakhand, Goa and Manipur was held on Thursday. Here's how the big names fared.

Rakesh Jhunjhunwala, wife Rekha, settle Aptech insider trading case

Rakesh Jhunjhunwala, wife Rekha, settle Aptech insider trading case

Rediff.com14 Jul 2021

Ace investor Rakesh Jhunjhunwala, his wife Rekha Jhunjhunwala, and eight other individuals on Wednesday settled a case related to insider trading in the shares of Aptech Ltd after paying more than Rs 37 crore. The amount included settlement charges, disgorgement of ill-gotten gains along with interest charges. The other eight individuals who settled the case are -- Rajeshkumar Jhunjhunwala, Shushila Devi Gupta, Sudha Gupta, Ushma Seth Sule, Utpal Sheth, Madhu Vadera Jayakumar, Chugh Yoginder Pal and Ramesh S Damani, according to two separate orders passed by Sebi. The orders come after the settlement applications by these perons with Sebi proposing to settle, "without admitting or denying the findings of fact and conclusions of law, through a settlement order".

Investors richer by over Rs 5.77 lakh cr as markets rally

Investors richer by over Rs 5.77 lakh cr as markets rally

Rediff.com21 Jun 2022

Equity investors became richer by over Rs 5.77 lakh crore on Tuesday, helped by a rally in the broader market where the BSE benchmark jumped nearly 2 per cent. The BSE Sensex zoomed 934.23 points or 1.81 per cent to settle at 52,532.07. Driven by the rally in equities, the market capitalisation of BSE-listed firms jumped by Rs 5,77,006.83 crore to stand at Rs 2,40,63,930.50 crore. "Absence of fresh selling triggers in the domestic and global economy along with falling commodity prices relieved the heavily discounted equity market to showcase recovery.

Sensex rallies over 1,300 pts to reclaim 60,000-level

Sensex rallies over 1,300 pts to reclaim 60,000-level

Rediff.com4 Apr 2022

Equity benchmark Sensex surged over 1,300 points on Monday to reclaim the 60,000-level, boosted by intense buying in banking and financial stocks after the announcement of merger between HDFC and HDFC Bank. Strong global cues and receding crude oil prices also propped up the domestic equity markets, according to traders. Shares of HDFC and HDFC Bank rallied nearly 10 per cent as investors lapped up the merger deal.

Lockdown blues? 3 feel-good films to cheer you

Lockdown blues? 3 feel-good films to cheer you

Rediff.com27 Apr 2021

Feeling the heat and tension of the crisis? Fikar not!

Sensex reclaims 60,000-mark as bulls tighten grip

Sensex reclaims 60,000-mark as bulls tighten grip

Rediff.com17 Aug 2022

The BSE Sensex maintained its winning run for the fourth session on the trot on Wednesday to reclaim the 60,000-level after a gap of over four months as investors remained upbeat amid softening crude oil prices and persistent foreign fund inflows. A strengthening rupee and positive Asian markets further bolstered sentiment, traders said. The 30-share BSE benchmark jumped 417.92 points or 0.70 per cent to settle at 60,260.13 -- closing above the psychologically key 60,000-mark for the first time since April 5 this year.

Sensex sinks 770 pts; profit-booking in IT, financials

Sensex sinks 770 pts; profit-booking in IT, financials

Rediff.com3 Feb 2022

HDFC was the top laggard in the Sensex pack, shedding over 3 per cent, followed by Infosys, L&T, Kotak Bank, Bajaj Finserv and Tech Mahindra.

Sensex rallies 446 points to end at 59,745

Sensex rallies 446 points to end at 59,745

Rediff.com5 Oct 2021

IndusInd Bank was the top gainer in the Sensex pack, jumping nearly 5 per cent, followed by Bharti Airtel, HCL Tech, Reliance Industries, Titan and Asian Paints.

Goa CM distributes portfolios, retains home, finance

Goa CM distributes portfolios, retains home, finance

Rediff.com3 Apr 2022

Vishwajit Rane, who had unsuccessfully lobbied for the CM's post, has been given crucial Health and Town and Country Planning Portfolios along with Urban Development, Women and Child, and Forest departments.

Sensex soars 777 pts tracking gains in index majors

Sensex soars 777 pts tracking gains in index majors

Rediff.com2 Dec 2021

HDFC was the top gainer in the Sensex pack, climbing nearly 4 per cent, followed by PowerGrid, Sun Pharma, Tata Steel, Tech Mahindra and Bajaj Finserv. NSE Nifty surged 234.75 points to 17,401.65.

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Sensex snaps 7-day losing streak, zooms 1,017 pts post RBI rate hike

Rediff.com30 Sep 2022

Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projected inflation coming under control from January next year. A strong recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex soared 1,016.96 points or 1.80 per cent to settle at 57,426.92. During the day, it rallied 1,312.67 points or 2.32 per cent to 57,722.63.

Sensex slumps 410 points, Nifty drops below 17,750

Sensex slumps 410 points, Nifty drops below 17,750

Rediff.com28 Sep 2021

Bharti Airtel was the top loser in the Sensex pack, shedding nearly 4 per cent, followed by Tech Mahindra, Bajaj Finance, Bajaj Finserv, HCL Tech and Infosys.

PM's economic council reconstituted for 2 years

PM's economic council reconstituted for 2 years

Rediff.com27 Oct 2021

The government on Wednesday reconstituted the Economic Advisory Council to the Prime Minister (EAC-PM) under existing chairman Bibek Debroy, for a period of two years. V Anantha Nageswaran has been dropped, Rakesh Mohan (former deputy governor of RBI), Poonam Gupta (director general of NCAER) and TT Ram Mohan (professor, IIM Ahmedabad) have been appointed as part-time members of the reconstituted EAC-PM. The other part-time members of the Council include Sajid Chenoy, Neelkanth Mishra and Nilesh Shah.

Watch The Best Of Satyajit Ray On OTT

Watch The Best Of Satyajit Ray On OTT

Rediff.com2 May 2023

Had he not taken his final curtain call on April 23, 1992, Satyajit Ray would still, undoubtedly, have been making movies.

Investors' wealth jumps over Rs 2.51 lakh cr as stocks rebound

Investors' wealth jumps over Rs 2.51 lakh cr as stocks rebound

Rediff.com8 Mar 2022

Investors' wealth on Tuesday jumped by over Rs 2.51 lakh crore, in tandem with a sharp recovery in equities after four days of heavy declines. The 30-share BSE Sensex opened on a weak note and tumbled 581.93 points or 1.10 per cent to 52,260.82 during the day amid firming oil prices and relentless selling by foreign institutional investors. Amid bouts of volatility, the benchmark touched a high of 53,484.26 and a low of 52,260.82 during the trade. It finally settled at 53,424.09, higher by 581.34 points or 1.10 per cent.

Sensex gains 395 pts; banking stocks, financials lead rally

Sensex gains 395 pts; banking stocks, financials lead rally

Rediff.com5 Jul 2021

State Bank of India was the top gainer in the Sensex pack, climbing nearly 2 per cent, followed by Tata Steel, L&T, Bajaj Finserv, Axis Bank, Bajaj Finance, M&M and ICICI Bank. NSE Nifty surged 112.15 points to 15,834.35.

TMC leader gunned down in front of father, party blames BJP

TMC leader gunned down in front of father, party blames BJP

Rediff.com7 Sep 2021

Dismissing the allegation, BJP district general secretary Shyamal Roy claimed that the murder was a fallout of infighting within the ruling party.

CWG selection: Delhi HC dismisses writ petitions of TT players

CWG selection: Delhi HC dismisses writ petitions of TT players

Rediff.com21 Jun 2022

World C'ships: Sajan Prakash finishes 25th, fails to progress to final

Sensex drops 207 pts dragged by financial stocks

Sensex drops 207 pts dragged by financial stocks

Rediff.com27 Oct 2021

Axis Bank was the top loser in the Sensex pack, tanking over 6 per cent, followed by Bajaj Finance, Bajaj Finserv, IndusInd Bank, HUL and Tata Steel. NSE Nifty fell 57.45 points to 18,210.95.

Sensex zooms 1,345 points; reclaims 54,000 mark

Sensex zooms 1,345 points; reclaims 54,000 mark

Rediff.com17 May 2022

Benchmark equity indices Sensex and Nifty on Tuesday spurted by over 2.5 per cent to log their best single-day gains in three months, propelled by heavy buying in metal, energy and banking stocks amid a global rally in stocks. The 30-share BSE benchmark zoomed 1,344.63 points or 2.54 per cent to settle at 54,318.47 points with all of its constituents closing with gains. During the day, it jumped 1,425.58 points or 2.69 per cent to 54,399.42. The broader NSE Nifty rallied 417 points or 2.63 per cent to finish at 16,259.30 points.

Sensex rallies 453 points to new peak

Sensex rallies 453 points to new peak

Rediff.com13 Oct 2021

M&M was the top gainer in the Sensex pack, zooming over 5 per cent, followed by PowerGrid, ITC, L&T, Tech Mahindra, Titan and Tata Steel. Nifty rallied 169.80 points to 18,161.75.

Bengal bypoll: EC bans victory celebrations fearing violence

Bengal bypoll: EC bans victory celebrations fearing violence

Rediff.com3 Oct 2021

In a letter, the EC said the state government must ensure that adequate steps are taken so that no post-poll violence happens.

Mamata to scan, approve replies to parliamentary questions: Official

Mamata to scan, approve replies to parliamentary questions: Official

Rediff.com23 Jul 2021

Chief Secretary H K Dwivedi, in a message, has directed the secretaries to send him the replies, which then would be forwarded to the CM for a final nod, the official said on Friday.

Assam Congress chief Ripun Bora resigns after poll debacle

Assam Congress chief Ripun Bora resigns after poll debacle

Rediff.com2 May 2021

Congress's Assam president Ripun Bora resigned on Sunday after the party's defeat in the state elections.

Famous faces at polling stations

Famous faces at polling stations

Rediff.com14 Feb 2022

As people queued up across these states to cast their vote, there were some famous faces in the lines at different polling stations.

5 Assembly Seats To Watch Today

5 Assembly Seats To Watch Today

Rediff.com14 Feb 2022

Aditi Phadnis picks five key seats in the three states where assembly elections are being held today.

Bengali actor Srabanti Chatterjee quits BJP

Bengali actor Srabanti Chatterjee quits BJP

Rediff.com11 Nov 2021

The 34-year-old actor had been maintaining a distance from the saffron party after it failed to unseat Mamata Banerjee's government from power in the eastern state despite a high-pitched campaign.