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.
Prime Minister Pham Minh Chinh on Sunday met with leaders of the Viet Nam Oil and Gas Group (Petrovietnam) to speed up the implementation of several key projects and ensure the group's energy supply targets can continue to be met.
On September 12, 2022, the price of gold in India for both 24 and 22 carats remained unchanged. As of Monday, the price of 10 grams of 24 carat gold in India is Rs 50,880, while 10 grams of 22 carat gold cost Rs 46,600
Sensex and Nifty - fell for two sessions on the likelihood of aggressive rate hikes in the US to fight inflation as indicated by the US Federal Reserve. At 9.25 am, Sensex traded at 59,983.29 points, up 190.15 points or 0.32 per cent, whereas Nifty traded at 17,895.80 points, up 62.45 points or 0.35 per cent.
According to sources, Piramal Finance has sought extension by 12 weeks, while Advent has sought time till January 30, 2023, i.e., 16 weeks extension for submission of binding bid.
The central bank Governor cleared the air that another interest rate hike is imminent. The two-day monetary policy meeting in the US will start on September 20.
