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 top gainers from the pack were Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys and Bajaj Finance.
Median inflation expectation for the three months horizon increased by 20 bps to 9.3%. It inched up by 10 bps to 10.2% for one year ahead.
According to the data, Foreign Portfolio Investors (FPIs) offloaded shares worth Rs 7,342 crore from Indian equities so far this month (till February 7).
Tatas have returned to Bengal with their steel plant in the temple town of Bankura that's set to gear up commercial production, by the end of 2025-26 financial year.
The RBI move is intended to expand retail participation in the government bond market.
