Nestle, State Bank of India, Power Grid, Tata Steel, Larsen & Toubro and Mahindra & Mahindra were the other major gainers. In contrast, Tech Mahindra, Axis Bank and Reliance Industries were the laggards.
Among the Sensex firms, Power Grid, NTPC, Tata Steel, Tata Consultancy Services, JSW Steel, Wipro, Infosys, Tech Mahindra, Reliance Industries and Bajaj Finance were the major gainers. Axis Bank, HDFC Bank, Hindustan Unilever, Larsen & Toubro and ITC were among the laggards.
Among the Sensex firms, Kotak Mahindra Bank, Axis Bank, Bharti Airtel, Sun Pharma, HCL Technologies, Mahindra & Mahindra, Titan and Tata Consultancy Services were the biggest gainers. UltraTech Cement, NTPC, Maruti, JSW Steel, Power Grid and Tata Motors were among the laggards.
Among the Sensex constituents, 20 stocks ended the session in green with HDFC Bank, Titan, Tech Mahindra, and Asian Paints being the major gainers. TCS, Maruti, Kotak Mahindra Bank and Bajaj Finserve were the other gainers. In contrast, SBI, Bharti Airtel, JSW Steel, PowerGrid, ITC and Reliance closed the trading with losses.
The upstream oil and gas (O&G) sector has delivered a stellar performance in the stock market in the recent past. The O&G sector is dominated by PSUs and despite the imposition of a windfall tax, profitability has been impressive. Oil India Limited (OIL) is particularly favoured by investors.
PESB is believed to have forwarded names of National Hydro-electric Power Corp Director (Personnel) S K Chaturvedi and Hindustan Paper Corp CMD Raji Philip as the best contenders to the power ministry.
When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.
From the Sensex basket, Tech Mahindra, Tata Steel, JSW Steel, HCL Technologies, Tata Consultancy Services, Larsen & Toubro and Kotak Mahindra Bank were the biggest laggards. Mahindra & Mahindra, Power Grid, Bajaj Finance, IndusInd Bank and Maruti were the major gainers.
Two consecutive days of grid collapse has left almost half of India's population without power. Three major grids -- northern, north-eastern and eastern -- have crashed. Reportedly, over 20 states have been affected. Trains have stalled, markets have closed down, and institutions and offices have been forced to announce holidays.
Two consecutive days of grid collapse has left almost half of India's population without power. Three major grids -- northern, north-eastern and eastern -- have crashed. Reportedly, over 20 states have been affected. Trains have stalled, markets have closed down, and institutions and offices have been forced to announce holidays.
Two consecutive days of grid collapse has left almost half of India's population without power. Three major grids -- northern, north-eastern and eastern -- have crashed. Reportedly, over 20 states have been affected. Trains have stalled, markets have closed down, and institutions and offices have been forced to announce holidays.
Team Anna on Monday alleged a conspiracy behind the collapse of the northern power grid, with activists alleging that such developments were taking place in Delhi as Anna Hazare is sitting on an indefinite fast.
Among the Sensex firms, Bajaj Finance, Bharti Airtel, Maruti, Bajaj Finserv, HCL Technologies, Titan, Hindustan Unilever, JSW Steel, UltraTech Cement, State Bank of India and Reliance Industries were the major laggards.
Red Bull's triple World champion Max Verstappen claimed pole position on Saturday for the Miami Grand Prix, to start from the front of the grid for the sixth straight race this season.
Equity benchmark index Sensex on Wednesday crashed over 900 points to sink below the 73,000 level due to widespread selling pressure amid a sharp fall in smallcap and midcap indices. Besides, deep losses in utility, energy and metal stocks and recent selling by foreign investors added to the gloom, analysts said. Benchmark indices started the session on a positive note, but the selling intensified during afternoon trade, with all sectoral indices ending in the red.
Reliance Industries closed more than half a per cent higher after the company announced a proposed merger of media and entertainment assets of Viacom18 with Star India. Hindustan Unilever, Bharti Airtel, Tata Motors, ITC, Tech Mahindra and Axis Bank were among the laggards.
Wipro was the biggest gainer in the Sensex chart, rising 4.79 per cent, followed by M&M, L&T, Tata Motors, Maruti, Infosys, Nestle India and IndusInd Bank.
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
State Bank of India was the biggest gainer in the Sensex pack, rising 4.24 per cent, followed by Tata Steel, Axis Bank, Maruti, NTPC, PowerGrid, ITC and Nestle India. Reliance jumped 1.15 per cent to end at Rs 2,962.60 apiece on BSE.
Lewis Hamilton fell foul of the Formula One stewards once again Friday when he was handed a three-place penalty on the starting grid for the inaugural Indian Grand Prix after ignoring yellow warning flags in first practice.
To ensure immediate cooling of the body, the hospital has set up a first-of-its-kind heatstroke unit.
Vandoorne qualified 17th at the previous race in Bahrain, 16th in China and 18th in the Australian season-opener, with 20 cars on the grid.
Among the Sensex firms, HCL Technologies, Tata Consultancy Services, Maruti, Wipro, Larsen & Toubro, Infosys, Tata Steel, Bharti Airtel, State Bank of India, Tech Mahindra, UltraTech Cement and Mahindra & Mahindra were the major gainers.
Temperatures in 17 locations breached 48 degrees Celsius on Monday, with the relentless heat affecting health and livelihoods across large parts of northwestern and central India.
More than 20 hours after the country's worst power failure, the three major electricity grids that had collapsed have been restored, Power Grid said on Wednesday.
Among the Sensex firms, Bajaj Finance jumped 4.44 per cent and NTPC rose over 3 per cent. IndusInd Bank, Axis Bank, Tata Motors, Nestle, Power Grid, Infosys, Bajaj Finserv and HDFC Bank were the other major winners. HCL Tech, Mahindra & Mahindra, Maruti and Hindustan Unilever were among the laggards.
Ten to 20 days of heatwave are expected against the normal of four to eight days in the entire April-June period.
As India's electricity demand soars, the power ministry on Tuesday reviewed the power supply situation to ensure 'zero load shedding' during the summer months. The ministry has drafted plans ranging from delaying planned maintenance of thermal power stations to mandatory operations of imported coal-based and gas-based stations till September. In a series of meetings with industry stakeholders, Union Minister for Power, New, and Renewable Energy R K Singh emphasised the importance of adequate planning to avoid situations where one state has surplus power while another state faces shortages.
Force India's Adrian Sutil recorded his best qualifying performance of the season by capturing the 10th place on the grid while teammate Paul di Resta will start Sunday's European Grand Prix at the 12th spot.
Among the Sensex firms, State Bank of India rose the most by 3.78 per cent after the bank announced the acquisition of SBI CAPS subsidiary for Rs 708.07 crore. Nestle India gained 1.68 per cent after it reported around 9 per cent growth in sales. JSW Steel, Bajaj Finance, Axis Bank and Asian Paints were among the gainers.
Investors' wealth eroded by Rs 6 lakh crore in a single day on Wednesday as the BSE benchmark Sensex tumbled over 790 points. The 30-share BSE Sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88. During the day, it slumped 872.93 points or 1.19 per cent to 72,222.29.
Heatwave conditions have been prevailing in Odisha since April 15 and the Gangetic West Bengal since April 17, according to the MeT department.
'Neither did I approach the BJP nor did they ask me to join them. It was a natural choice for both of us to make.' 'It was never for me to ask or for them to give.'
M&M was the biggest gainer in the Sensex chart, rising 6.51 per cent, followed by NTPC, PowerGrid, SBI, HDFC Bank, Asian Paints and Wipro. In contrast, Axis Bank, ITC, HUL, Nestle India and Sun Pharma were among the laggards.
The National Academy of Sciences, in a recent report, has warned that terrorists can cause black outs in large parts of the United States by attacking the power grid. The report adds that terrorists can also blow up substations or transmission lines with explosives, causing major damage.
Benchmark equity indices climbed nearly 1 per cent on Wednesday on buying in HDFC Bank and Reliance Industries. Investors are eyeing the two important events lined up ahead -- the interim budget and the US Fed interest rate decision -- to derive further cues from. Recovering all the early lost ground, the 30-share BSE Sensex jumped 612.21 points or 0.86 per cent to settle at 71,752.11.
Ferrari's Felipe Massa and Sauber's Mexican rookie Esteban Gutierrez were handed three-place grid penalties at the Spanish Grand Prix on Saturday for impeding rivals in qualifying.
The government will soon work on a plan to make electricity distribution grids 'smart', which may enable users to choose tariff plans and help distributors check power theft. The Power Ministry would shortly be setting up an 'India Smart Grid Task Force', to be chaired by Sam Pitroda, advisor to the Prime Minister on innovation.
In the Sensex pack, 20 stocks ended in the red while 37 of the Nifty constituents closed the session with losses. NTPC was the biggest loser among the Sensex constituents, ending with a loss of 2.71 per cent.
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