New Delhi, July 10 (IANS) India’s civil aviation regulator, the DGCA, has pulled up the country’s largest domestic airline, IndiGo, over an incident involving the spillage of cargo that was detected after the arrival of a flight.IndiGo’s parent company InterGlobe Aviation has received a warning letter from the Directorate General of Civil Aviation (DGCA) after an audit found deviations from standard operating procedures, including certain provisions under the Aircraft (Carriage of Dangerous Go…
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Mumbai, July 8 (IANS) Indian benchmark equity indices witnessed their sharpest single-day decline in more than three months on Wednesday as escalating tensions in West Asia dampened investor sentiment and sparked a broad-based selloff across sectors.The Sensex plunged 1,677.12 points, or 2.15 per cent, to close at 76,503.60, while the Nifty dropped 516.65 points, or 2.12 per cent, to settle at 23,882.05.Commenting on Nifty technical outlook, experts said that the 24,000 region is now expected to…
Mumbai, July 8 (IANS) Domestic equity markets opened lower on Wednesday, tracking weak global cues amid renewed geopolitical tensions in the Middle East.Sensex opened 364.27 points or 0.46 per cent lower at 77,816.45, while Nifty slipped 139.15 points or 0.57 per cent to 24,259.55.Among sectoral indices, Nifty Oil & Gas led the losses, declining more than 1 per cent.Nifty Media, Nifty PSU Bank, Nifty Realty, Nifty Cement, Nifty Metal, Nifty Auto and Nifty FMCG also declined by up to almost 1…
Mumbai, July 7 (IANS) Indian equity benchmark indices traded higher on Tuesday amid positive global cues and crude oil prices hovering around the $70-a-barrel mark.Sensex jumped as much as 0.27 per cent or over 200 points to hit an intraday high of 78,504 in early trade, while Nifty was trading around 60 points or 0.23 per cent higher at 24,488.Sectorally, IT, banking and financial stocks led the gains. Nifty IT rose 1.28 per cent, followed by Nifty PSU Bank which gained 0.45 per cent.In contras…
Mumbai, June 29 (IANS) Indian stock markets opened flat on Monday with investors and traders closely monitoring developments surrounding the US-Iran ceasefire and upcoming diplomatic discussions.Nifty opened at 24,061.75, up 5.75 points or 0.02 per cent, while Sensex started marginally lower at 77,055.21, down 45.26 points or 0.06 per cent.Sector-wise, healthcare and pharma stocks led the gains, with Nifty Healthcare Index rising 0.53 per cent and Nifty Pharma advancing 0.52 per cent. FMCG also …
Mumbai, June 24 (IANS) Indian benchmark equity indices ended sharply higher on Wednesday, supported by strong buying in information technology, banking, financial, and realty stocks.The Sensex climbed 790.54 points, or 1.04 per cent, to close at 76,991.22, while the Nifty advanced 197.55 points, or 0.83 per cent, to settle at 24,021.65.Commenting on Nifty technical outlook, experts said that the 24,100 region continues to act as the immediate resistance zone.”A sustained breakout above this leve…
Mumbai, June 18 (IANS) Indian equity benchmark indices closed higher on Thursday, supported by fag-end buying and gains in PSU bank, healthcare, metal and realty stocks, even as weakness in the IT sector capped the upside.The Sensex rose 254.36 points, or 0.33 per cent, to settle at 77,409.98, while the Nifty gained 82.30 points, or 0.34 per cent, to close at 24,168.00.Commenting on Nifty technical outlook, experts said that the 24,200 level now emerges as the immediate resistance. “A sustained …
New Delhi, June 9 (IANS) Indian equity markets ended higher on Tuesday, supported by late buying in select sectors such as PSU banks, financial services, and automobiles, while improving global risk sentiment also aided investor confidence.The benchmark indices closed in the green, with the Nifty rising 119.10 points, or 0.52 per cent, to settle at 23,242.10.The Sensex also gained momentum towards the fag end of the session and ended 394.50 points, or 0.54 per cent, higher at 73,918.76.Commentin…
Mumbai, June 3 (IANS) Indian equity benchmark indices ended lower on Wednesday, although they recovered a significant portion of intra-day losses supported by gains in PSU bank and financial stocks.Markets witnessed sharp volatility during the session, with heavy selling pressure in information technology stocks weighing on investor sentiment.However, buying in PSU banks, private banks, and healthcare stocks helped the indices trim losses from the day’s low.The Nifty closed 77.95 points or 0.3…
Mumbai, May 29 (IANS) InterGlobe Aviation, the parent company of IndiGo, on Friday reported a consolidated net loss of Rs 2,537 crore for the March quarter (Q4) of FY26, compared with a net profit of Rs 3,067.5 crore in the corresponding period last financial year.The airline’s revenue from operations, however, rose marginally by 1 per cent year-on-year to Rs 22,438 crore during the quarter, up from Rs 22,152 crore in the same period a year ago (Q4 FY25), according to its stock exchange filing…