The Sensex slipped to an new intra-day low of 5,678. The index is now down 33 points at 5,680. The Nifty is at 1,791 - down four points.
Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
The Sensex opened with a positive gap of 17 points at 5,105 owing to bullish global markets.
The Sensex closed with a gain of 16 points at 3,780.\n\n\n\n
Petrol price had been cut 10 times since August 2014.
Rebuffing petroleum ministry, Siddaramaiah launches Pradhan Mantri Ujjwala Yojana-like scheme months before state polls
Petrol prices were on Wednesday hiked by Rs 3.07.
Oil companies on Monday slashed petrol price by Rs 3.02 per litre.
Fuel rates were last revised on February 1 when petrol price was cut by a marginal 4 paise a litre.
Air fares to go up as ATF price is hiked by 8.2%.
The Sensex opened flat at 4,771. It has now gained 10 points at 4,781.
The Sensex ended flat at 5,930. The Nifty was down three points at 1,860.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.
The 30-share Sensex, after opening on a strong footing, continued its upward march to hit an all-time high of 35,827.70. The NSE Nifty also hit a record intra-day high of 10,975.10, before finishing at 10,966.20, up 71.50 points.
Movement of prices in international oil market and rupee-USD exchange rate will be monitored
Oil & gas, banking and pharma sector stocks stole the show
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
Aviation turbine fuel to now cost more.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
Sensex shed 167 points to close at 28,633 and Nifty dropped 55 points to end at 8,695.
Had you invested Rs 5,000 every month in SBI Magnum Multicap Fund through systematic investment plan (SIP) for the last 5 years, the value of your investment would be over Rs 5.2 lakh as on August 22, 2016
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
Indian companies place orders worth $600 million for US crude, which is likely to increase by nearly $2 billion in the near future.
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Costlier oil due to rising conflict in Iraq threatens to hurt the India economy that is already battling price rise and slowing growth.
Private lenders were among the top losers along with RIL.
'Oil companies like IOC, BPCL and HPCL have to set up world class systems where they are always two steps ahead of the crooks,' says Sudhir Bisht, a veteran of the petroleum industry.
After steep correction in valuations, these have turned attractive but upside will depend on diesel price rises and export-parity pricing.
The BSE gauge Sensex fell 73.88 points to 35,548.26 and the NSE Nifty slid 17.85 points to 10,799.85, taking cues from tumbling global shares.
The sharp fall in oil price is positive for oil marketers as subsidy concerns reduce further.
Stock specific action is seen with some of the prominent companies posting their quarterly numbers.
ICICI's Chanda Kochhar, ranked highest among Indian women, has been ranked second across the region
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances