Equity indices failed to hold on to their gains in see-saw trade on Tuesday, ending in the red for the third straight session despite a tentative recovery in global equities. The rupee too bounced back from historic lows, but the overall sentiment remained risk-averse amid concerns over economic recovery in a high interest rate scenario. The 30-share BSE Sensex had a choppy start but gained momentum in mid-session trade. However, it succumbed to selling pressure towards the fag end to close 105.82 points or 0.19 per cent lower at 54,364.85. On similar lines, the broader NSE Nifty declined 61.80 points or 0.38 per cent to finish at 16,240.05.
IndusInd Bank was the top gainer in the Sensex pack, zooming around 8 per cent, followed by PowerGrid, Dr Reddy's, Sun Pharma, NTPC and Axis Bank. On the other hand, UltraTech Cement, Maruti, ITC, Kotak Bank and Asian Paints were among the losers.
Bumrah said his controlled aggression has done wonders to his run as an international cricketer.
Forex dealers said besides a lower opening in the domestic equity market on fears of a rate hike by the Reserve Bank, higher demand for the American currency from importers put pressure on the rupee but dollar's weakness against other currencies overseas, capped the fall.
Smita has left behind a rich haul of films that showcase her enormous ability to offer us a glimpse into her soul each time she performed a role.
The eight Indian companies are part of S&P's list of 300 mid-size companies across 37 countries in the latest S&P Global Challengers List.
On the Sensex chart, Axis Bank, Titan, IndusInd Bank, HDFC Bank, Dr Reddy's, HDFC and Asian Paint were major losers.
Tata Motors on Monday launched the country's first CNG truck in the medium and heavy commercial (M&HCV) vehicle segment in the 28- and 19-tonne nodes. Most truck makers, including Tata Motors, currently offer CNG only in the small and light commercial vehicle segments. The company also launched a fleet of seven trucks in the intermediary and light commercial vehicle (I&LCV) segment, meant for varied applications.
Indian Railway's sustenance, freight traffic, - which accounts for about 70 per cent of its revenue - has been plateauing of late.
The Indian Premier League (IPL) 2021 is all set to resume on Sunday with Mumbai Indians (MI) and Chennai Super Kings (CSK) locking horns against each other.
India is in the second week of a three-week lockdown enforced to contain the coronavirus pandemic, which has claimed more than 70 lives while infecting over 3000 people. With sporting activities coming to a standstill, the elite athletes are confined to their homes, trying to remain fit while hoping for action to begin once normalcy returns.
A long and bitter funding winter in the start-up world is beginning to take its toll on start-up advertising across properties. Earlier this week, Mastercard replaced Paytm as the title sponsor for all international and domestic cricket matches organised by the Board of Control for Cricket in India (BCCI). But this is just one part of the story. The other side is that organisers of high-impact shows and events on Hindi general entertainment channels, too, are feeling the winter chill.
Buddhism, which spread from India to China 2,000 years ago, will play a new role in cementing Sino-Indian friendship and enhancing cultural contacts, China's top religious official has said.
KSCA, RCB to invite 60 armymen each for every home game
Each year, Samson has played a few match-defining knocks but this time he would have to go the extra mile if the Royals want to win that elusive second title.
Ultratech Cement, TCS, Kotak Mahindra, M&M, Maruti, IndusInd Bank and Bajaj Auto were the prominent gainers. On the other hand, ICICI Bank, Nestle, Asian Paints, ONGC and ITC ended in the red.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Earlier this month, former Supreme Court judge Jain had asked Dravid to respond in writing after receiving a complaint from Madhya Pradesh Cricket Association (MPCA) life member Sanjeev Gupta.
The visit, which is expected around April 22, is long overdue after Johnson was forced to cancel planned visits to India twice last year due to the COVID-19 pandemic.
IndusInd Bank, Kotak Bank, ICICI Bank, Sun Pharma, Bajaj Finance and Ultratech Cement were prominent gainers. NSE Nifty rose 176.65 points to 14,867.35.
The congestion at Australia's Newcastle Port is bringing cheers to Indian shipping companies.
As part of the exercise, each family will get complete ownership of the businesses it manages while scrapping the holding company.
Banerji was honoured for her outstanding contribution to co-operation between Indian and British business while Puri was given the OBE for furthering Indo-British relations in education and commerce.
'I didn't expect much from him when he came on set.' 'But he was just jumping and flying around and I couldn't tell that this was his first action film!'
'What has cemented the renewed bilateral commitment is the maturity of the relationship. This has been reflected at the highest levels, with you and President Obama driving the relationship, and at the citizen-to-citizen level.'
Indian golfer Anirban Lahiri gave it his all but fell short by a stroke
SBI was the top loser in the Sensex pack, shedding over 1 per cent, followed by Reliance Industries, Tech Mahindra, M&M, L&T, Bharti Airtel, IndusInd Bank and HDFC. NSE Nifty slipped 31.60 points to 15,824.45.
'If Covid peaks at around 250,000 cases, I don't see the market fall much. If it becomes uncontrollable and goes up to 600,000 a day, then the market may fall.'
He has had a productive first year at the RBI -- one which saw, also, India's economic imbalances improve and the unexpectedly strong general election outcome.
Birsa Munda International Hockey Stadium in Sundargarh district will be packed to the rafters during the FIH Men's Hockey World Cup.
The acquisitions, costing more than $1.6 billion, have helped Holcim corner close to quarter of the country's 189 million-tonne cement market. Lafarge, which entered India in 1999 by acquiring the cement division of Tata Steel and bought out Raymond's cement facility in 2001, has a capacity of only 5.5 million tonnes. Holcim also plans to invest around Rs 10,000 crore (Rs 100 billion) in the next five years to set up plants.
'Both the people have a perspective and are people of stature and people of understanding'
Since January this year, Indian exporters have begun to dread the shipping news. That's because most of it would be about another lot of shipping companies deciding to avoid Indian ports on account of delays.
PowerGrid was the top laggard in the Sensex pack, shedding around 2 per cent, followed by Sun Pharma, ITC, ONGC, Bharti Airtel and Reliance Industries. On the other hand, Maruti, Nestle India, ICICI Bank and UltraTech Cement were among the gainers.
Kohli holds the record for most Test appearances as India Test captain (68) and he also holds the record for most Test wins by an Indian captain (40). Only Graeme Smith, Ricky Ponting, and Steve Waugh have won more matches than Kohli as captain in Test cricket.
SBI Research has projected the Indian economy to grow at 7.5 per cent in 2022-23, an upward revision of 20 basis points from its earlier estimate. As per official data, the economy grew by 8.7 per cent in FY22, net adding Rs 11.8 lakh crore in the year to Rs 147 lakh crore, the report said, adding this was however only 1.5 per cent higher than the pre-pandemic year of FY20. "Given the high inflation and the subsequent upcoming rate hikes, we believe that real GDP will incrementally increase by Rs 11.1 lakh crore in FY23. "This still translates into a real GDP growth of 7.5 per cent for FY23, up by 20 basis points over our previous forecast," SBI chief economist Soumyakanti Ghosh said in a note on Thursday.
Having two new teams for the next two editions of Indian Premier League in place of suspended Chennai Super Kings and Rajasthan Royals was among the two proposals put forward by the IPL Governing Council in its meeting.
As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.
'A soft landing of the Indian economy would be a long-term positive for the equity markets.'
'There are a number of different interests that we have in common'.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances