Mumbai, July 14 (IANS) Domestic equity benchmark indices opened lower on Tuesday, tracking weak global markets after a sharp rebound in crude oil prices to the $85-a-barrel mark amid escalating tensions in the Middle East.Sensex opened 344.06 points or 0.44 per cent lower at 77,272.34, while Nifty fell over 100 points or 0.59 per cent to 24,068.00 at the opening bell.Among the sectoral indices, financial and auto stocks led the decline.Nifty Financial Services Ex-Bank slipped 1.12 per cent, foll…
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Mumbai, July 6 (IANS) Indian stock markets opened positively on Monday, supported by revival of monsoon, renewed foreign institutional investor (FII) buying, and softer crude oil prices.Sensex started the session at 77,940.90, up 176.99 points or 0.23 per cent, while Nifty opened at 24,306.85, gaining 36 points or 0.15 per cent.Among the sectoral indices, Nifty Realty was the top gainer, rising 0.86 per cent, followed by Nifty Metal which advanced 0.39 per cent.Healthcare-related indices also tr…
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 …
New Delhi, June 27 (IANS) Private sector lender Kotak Mahindra Bank on Saturday said its Managing Director and Chief Executive Officer, Ashok Vaswani, has decided not to seek reappointment after the completion of his current term on December 31, prompting the board to initiate the process of appointing a new chief executive.In a regulatory filing, the bank said Vaswani informed the board that due to personal reasons, he does not wish to seek reappointment when his current term ends.”The Board ha…
Mumbai, June 10 (IANS) Indian benchmark indices ended on a mixed note on Wednesday, with the Sensex closing marginally higher while the Nifty slipped into the red as selling pressure in metal, PSU bank and realty stocks erased a large part of the day’s gains.The Sensex rose 64.42 points, or 0.09 per cent, to close at 73,983.18. The Nifty, however, slipped 27.15 points, or 0.12 per cent, to settle at 23,214.95.Commenting on Nifty technical outlook, experts said that the 23,250–23,300 zone conti…
Chandigarh, June 1 (IANS) The ED on Monday arrested Pushpinder Singh, the ex-deputy vice president and mastermind of the Rs 145 crore Kotak Mahindra Bank fraud involving the Municipal Corporation, Panchkula, an official said. The Directorate of Enforcement (ED), Chandigarh Zonal Unit, arrested Singh under Sec 19(1) of the Prevention of Money Laundering Act, 2002, the official said.A Special Judge (PMLA), Panchkula, sent Singh to the ED’s custody till June 9, said the ED.The federal probe agency …
Mumbai, June 1 (IANS) Benchmark equity indices ended sharply lower on Monday, dragged down by losses in FMCG, PSU banking, auto and realty stocks, even as investors monitored developments surrounding a potential diplomatic breakthrough between the United States and Iran.The Nifty settled at 23,382.60, declining 165.15 points, or 0.7 per cent, while the Sensex fell 508.40 points, or 0.68 per cent, to close at 74,267.34.Commenting on Nifty technical outlook, experts said that the 23,500 level is l…
Mumbai, May 19 (IANS) Indian benchmark equity indices erased their intra-day gains and closed lower on Tuesday as weakness in banking, financial and metal stocks weighed on investor sentiment.The Sensex declined 114.19 points, or 0.15 per cent, to close at 75,200.85. The Nifty settled 31.95 points, or 0.14 per cent, lower at 23,618.Commenting on Nifty technical outlook, experts said that a sustained move above the 23,700–23,800 region will be essential to strengthen recovery momentum toward th…
Mumbai, May 19 (IANS) Domestic equity markets traded higher on Tuesday in early trade amid hopes of a de-escalation in the West Asia conflict after US President Donald Trump indicated a possible nuclear deal with Iran.Sensex rose as much as 368 points or 0.48 per cent to hit an intraday high of 75,683 in morning trade, while Nifty was trading at 23,758, up 110 points or 0.45 per cent.Sectorally, IT stocks led the gains, with the Nifty IT index surging 4 per cent. Similarly, the Nifty MidSmall IT…
Mumbai, May 12 (IANS) Union Labour and Employment Minister Mansukh Mandaviya on Tuesday said the government’s approach towards economic growth is focused on balancing the interests of the poor, farmers, industry and labour, while stressing that industry and workers must move together for India’s long-term development.Speaking at the Special Plenary VII on Next-Gen Labour Reforms during the CII Annual Business Summit 2026 here, Mandaviya said the government is committed to creating a growth m…