Market ends low amid IT selloff; mid, small-caps underperform
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
Jio Platforms Limited plans to offer Starlink solutions through its retail stores and online platforms.
The consumer price index (CPI)-based retail inflation for February slipped to 3.61 per cent amid a decline in the rate of price rise in vegetables and protein-rich items.
According to the report launched by the NHB, on Trends and Progress of Housing in India, 2024, Individual housing loan disbursements were recorded at Rs 4.10 lakh crore during the half-year that ended September 2024, while for the full financial year 2023-24, disbursements reached Rs 9.07 lakh crore.
India's economic growth will exceed 6.5% in the next fiscal, up from 6.3% this year, said Moody's Ratings on Wednesday. It cited the higher government capex and consumption boost from tax cuts and interest rate reduction for this growth.
On his 72nd birthday, Prime Minister Narendra Modi launched the much-awaited National Logistics Policy 2022. The policy emphasises on reduction of logistics cost, promoting seamless movement of goods and improving competitiveness of Indian goods in domestic and global markets.
Finance Minister Nirmala Sitharaman on Tuesday said that future of financing in India is going to be governed through digitisation, noting that in July 2022 alone, 6.2 billion transactions worth Rs 10.6 trillion were conducted.
Finance Minister Nirmala Sitharaman on Tuesday while addressing the Global Fintech Fest in Mumbai said that India has led the way towards an inclusive financial world through digital payments. She urged fintech players to build trust and engage more with the government.
The Indian used-car market that is valued at USD 23 billion in FY 2021-2022 is projected to grow and expand at double the rate at a CAGR of 19.5 per cent till FY 2026-2027, according to the IndianBlueBook (IBB) report that was unveiled at a grand event at Mahindra Towers, Mumbai.
The Indian stock market's key indices rallied by around one per cent on Tuesday led by broad-based gains amid a rebound in global equities. The 30 stock S&P BSE Sensex closed 578.51 points or 0.98 per cent higher at 59,719.74 points against its previous day's close at 59,141.23 points.
