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.
The Indian stock market's benchmark Sensex closed 105 points higher in a volatile session on Friday led by good buying support in IT and banking stocks. This is the second consecutive day of the rally in the market. The Sensex had gained 659.31 points or 1.12 per cent on Thursday.
An abnormal rise in exports and lower availability of broken rice in domestic markets pushed the central government to put a ban on its trade, said Sudhanshu Pandey, Secretary, Department of Food and Public Distribution.
For too long, we are told the choice is between the state versus the market. Former US President Ronald Reagan famously said, “Government is not the solution to our problem. Government is the problem”.
Gold price today: On September 9, 2022, the price of Yellow metal in India for both 22 and 24-carat weights have gone up as investors are looking at it as a major and safe investment amid rising inflation.
The Indian stock market's benchmark Sensex today soared past 60,000 points mark in the morning session on Friday. However, it trimmed the gains in the afternoon dragged by selling pressure in auto, metal and energy stocks.
