Bhopal, March 18 (IANS) The Enforcement Directorate (ED), Bhopal Zonal Office, has provisionally attached 11 immovable properties worth Rs 20.59 crore belonging to M/s Jayshri Gayatri Food Products Pvt Ltd and its Managing Director, Kishan Modi, under the Prevention of Money Laundering Act (PMLA), 2002.The attachment order was issued following an ongoing money laundering probe linked to the manufacture, supply and export of adulterated dairy products.The company, which markets its products under…
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Mumbai, March 13 (IANS) Indian equity markets ended sharply lower on Friday as rising tensions in the Middle East weighed on investor sentiment and triggered broad-based selling across sectors.The benchmark indices, Nifty and Sensex, closed deep in the red as concerns over the prolonged US-Iran conflict intensified fears of a gas supply crunch and higher energy costs.The Nifty declined 488.05 points, or 2.06 per cent, to settle at 23,151.10. Meanwhile, the Sensex dropped 1,470.50 points, or 1.93…
Mumbai, March 11 (IANS) Indian benchmark equity indices ended sharply lower on Wednesday as a surge in global oil prices and rising geopolitical tensions weighed on investor sentiment. At the closing bell, Sensex settled at 76,863.71, down 1.72 per cent or 1,342.27 points, while the Nifty ended at 23,866.85, plunging 394.75 points or 1.63 per cent. The decline was led by automobile, banking, real estate, IT, FMCG and consumer durables stocks such as Bajaj Finance, Axis Bank, Eicher Motors, Mahin…
New Delhi, Feb 25 (IANS) Credit card spending remained subdued at Rs 1,990 billion in January 2026, growing 8.1 per cent year-on-year, a report has said on Wednesday.However, data compiled by Asit C. Mehta Investment Intermediates Limited showed that it has declined by 2.7 per cent compared to the previous month.The report noted that the sequential decline in spending was largely driven by lower spends from the top four banks.State Bank of India saw the biggest drop, with spending falling by Rs …
Mumbai, Feb 23 (IANS) Indian stock markets extended their gains for the second straight session on Monday, supported by buying in PSU banks and healthcare stocks. Positive global cues also boosted investor sentiment after the US Supreme Court ruled against the reciprocal tariffs announced by US President Donald Trump.The benchmark Nifty ended 0.55 per cent higher, gaining 141.75 points to close at 25,713. The Sensex rose 0.58 per cent, or 479.95 points, to settle at 83,294.66.Commenting on Nifty…
Mumbai, Feb 16 (IANS) Indian benchmark indices staged a strong late rally on Monday, snapping the two-day losing streak, as buying in banking stocks lifted market sentiment.The 30-share Sensex ended 650.39 points, or 0.79 per cent, higher at 83,277.15. The broader Nifty rose 211.65 points, or 0.83 per cent, to close at 25,682.75.Commenting on Nifty technical outlook, experts said that the broader structure remains positive as long as the 25,500–25,400 support zone is defended.“On the upside,…
Mumbai, Feb 4 (IANS) Indian equity markets closed almost flat on Wednesday, snapping a two-day rally, as a sharp fall in information technology (IT) stocks weighed on the benchmark indices. Investor sentiment turned cautious after fresh concerns about advances in artificial intelligence (AI) hit global software stocks.At the closing bell, the Nifty rose 48.45 points, or 0.19 per cent, to settle at 25,776.00. The Sensex gained 78.56 points, or 0.09 per cent, to end at 83,817.69.Nifty traded in a …
Mumbai, Feb 2 (IANS) Indian equity markets bounced back strongly in the final hour of trade on Monday, helped by late buying in heavyweight stocks such as Adani Ports, Bharat Electronics, L&T, Mahindra & Mahindra, ICICI Bank and HDFC Bank.The Sensex recovered sharply from its intra-day low of 80,387.25. It jumped as much as 1,345 points to touch a high of 81,732 before closing at 81,666. The index ended the day up 944 points, or 1.17 per cent.Similarly, the Nifty moved in a wide range du…
Bhubaneswar, Jan 30 (IANS) The Economic Offences Wing (EOW) of the Odisha Police has arrested three accused fraudsters for allegedly duping several investors of over Rs 2 crore on the pretext of online trading, a senior EOW official informed on Friday. The accused, identified as Bikram Keshari Sahoo of the Patia area, Dinesh Moharana of Soubhagya Nagar, and Sarbanam Sabat of the Sahid Nagar area of Bhubaneswar, were arrested in connection with a case registered based on a complaint lodged by one…
Mumbai, Jan 29 (IANS) Indian equity markets ended higher for the third straight session on Thursday, overcoming early volatility as investor sentiment improved after the release of the annual Economic Survey. The survey’s positive outlook on economic growth and fiscal discipline helped markets recover from a cautious start and close in the green.The Economic Survey projected India’s GDP growth to be in the range of 6.8 to 7.2 per cent in the 2026–27 financial year.It also said the country …