Mumbai, Feb 1 (IANS) Indian stock markets witnessed a sharp fall on Budget Day as investors reacted negatively to the government’s decision to raise the Securities Transaction Tax (STT) on futures and options trading.The benchmark indices Sensex and Nifty recorded their biggest Budget-day decline in six years, with both ending around 2 per cent lower in a special trading session held on February 1.By the end of the session, the Sensex closed at 80,723, while the Nifty settled at 24,825, losing…
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Mumbai, Jan 28 (IANS) Indian equity benchmark indices Sensex and Nifty ended Wednesday’s session with modest gains, managing to stay in the green despite sharp volatility through the day. Investor sentiment was influenced by December-quarter earnings announcements and the finalisation of the India–European Union Free Trade Agreement.The Sensex closed at 82,345, rising 487 points, or 0.60 per cent. During the session, the index moved between a high of 82,504 and a low of 81,815 as markets swu…
Bhubaneswar, Jan 19 (IANS) Prime Minister Narendra Modi’s vision of ‘Viksit Bharat 2047’ places strong emphasis on infrastructure development, overall economic growth, and achieving net-zero emissions as key priorities, NALCO’s CMD Brijendra Pratap Singh said on Monday, adding that in alignment with this vision, “we are planning an expansion of 0.5 million tonnes and are also exploring the adoption of green power”.The chief of Aluminium major NALCO told IANS here that as part of thei…
Mumbai, Dec 22 (IANS) Indian benchmark indices opened in green zone on Monday, breaking the last week’s trend of edging lower, amid strong buying in the US and China markets.As of 9.30 am, the Sensex advanced 507 points, or 0.60 per cent, at 84,436 and the Nifty added 165 points, or 0.64 per cent to 26,132.The broad cap indices performed in line with the benchmarks, with the Nifty Midcap 100 up 0.58 per cent and the Nifty Smallcap 100 adding 0.51 per cent.Hindalco, Tech Mahindra and TCS were amo…