Indian Stock Market ended lower in a volatile session on Thursday with Nifty slipping below 22,400. The development comes despite positive cues from industrial production and retail inflation data.
Uttar Pradesh has set a new record in paddy procurement by surpassing last year’s figure by 3.90 lakh metric tonnes, and reaching 57.70 lakh metric tonnes in 2024-25.
US President Donald Trump’s tariffs on steel and aluminium imports from anywhere in the world went into effect on Wednesday morning drawing swift retaliatory levies from the European Union and Canada.
The year-on-year inflation rate eased to an 7-month low of 3.61 per cent in February this year, which is 0.65 per cent lower than the corresponding figure for January, as food prices came down further during the month.
The food inflation in February has come down to the lowest level since May 2023 and is 222 basis points lower in comparison to January, according to the official statement.
Coal production in India rose to 58.33 million tonnes in August 2022, up by 8.2 per cent from the 53.88 million tonnes recorded in the corresponding period of last year.
At 9.39 am, Sensex traded at 59,259.10 points, up 13.12 points or 0.022 per cent, whereas Nifty traded at 17,671.65 points, up 5.85 points or 0.033 per cent.
RBI Governor Shaktikanta Das said that the Indian rupee has "held its own" and moved in an "orderly manner at a time of sharp depreciation in other currencies".
NTT DATA Payment Services India is part of NTT DATA Corporation, one of the globally top 10 IT service providers, headquartered in Japan.
RIL's capex will increase investor confidence on the $70 billion value creation pivot in the energy business, Morgan Stanley said while moving RIL's scrip to its top pick category.
