People throng to Delhi's Ghazipur market to buy essentials
News | June 07, 2020 11:20 ISTPeople arrived at the wholesale fruit and vegetable market in Delhi's Ghazipur market to make purchase amid COVID-19 outbreak.
People arrived at the wholesale fruit and vegetable market in Delhi's Ghazipur market to make purchase amid COVID-19 outbreak.
Bengaluru markets wore a deserted look ahead of Eid festival on May 24.
Amid fear of coronavirus, authorities closed markets in Jammu and Kashmir's Srinagar on March 21.
Top gainers in the Sensex pack included Hero MotoCorp, Reliance Industries, ICICI Bank and L&T, while Tata Steel, IndusInd Bank, ONGC, SBI and Infosys ended significantly lower.
More than 1,700 BSE-listed stocks, mostly from the mid-cap and small-cap space, witnessed heavy selloff on Friday, as equity markets crashed amid rising fears of the coronavirus outbreak turning into a pandemic.
Sensex tumbled over 245 points to trade at 40,810 in openings deals on Tuesday while Nifty fell about 75 points to trade at 11,971 in early trade.
Indian financial market will look for improved transparency in the Union Budget announcements next month, according to a report by Singapore banking group DBS. “Any reduction in the fiscal deficit could result in a negative credit impulse in the near-term, but will need to be balanced with a credible consolidation plan further-out,” according to the the bank’s research report “India Budget Preview: Loosening the purse” released on Thursday.
Equity benchmark BSE Sensex jumped nearly 200 points in early trade on Friday led by gains in IT and banking stocks amid easing geopolitical tensions.
Investors became richer by over Rs 11 lakh crore in 2019 helped by a stupendous rally in the stock market where the benchmark Sensex clocked over 14 per cent gains on an annual basis.
While the banking, financial services and insurance (BFSI) sector has the largest share in cyber security expenditure, demand in the government sector is expected to reach $581 million by 2022, at a growth rate of 13.8 per cent CAGR, according to the "Cyber Security India Market" report.
Equity benchmark BSE Sensex jumped over 100 points in early trade on Monday led by gains in index heavyweights RIL and ICICI Bank amid positive cues from global markets.
The Kolkata-based company, which operates in 11 "low- income" states in east, northeast and central India, will, instead, focus on raising around Rs 1,800 crore in an external round of borrowing, he said
On the currency front, the rupee depreciated 15 paise (intra-day) against the US dollar to trade at 72.24 in early session. Brent futures, the global oil benchmark, rose 0.35 per cent to USD 62.59 per barrel.
Market benchmarks Sensex and Nifty started on a tepid note on Monday weighed down by a sharp fall in other Asian equities amid uncertainty over US-China trade deal and escalating political issues in Hong Kong.
Onion prices are expected to come down in the coming days, especially after Diwali, as the fresh stock has started to arrive from Madhya Pradesh and Rajasthan.
Shares of Indiabulls Ventures and Indiabulls Real Estate rallied on Wednesday on share buyback plans. On the BSE, Indiabulls Ventures stock hit its upper price level at Rs 109.85 during the day and settled at Rs 109.10, up 9.21 per cent from the previous close.
The Department of Horticulture, Planning and Marketing on Tuesday revised prices of Apples in the state of Jammu and Kashmir according to the fruit grade and type of packaging material under Market Intervention Scheme (MIS).
RBI's interest rate decision, macroeconomic data points and global cues would be the key driving factors for the equity market in the holiday-shortened week ahead, say analysts. Markets would remain closed on Wednesday for 'Mahatma Gandhi Jayanti'.
Equity benchmark BSE Sensex and NSE Nifty started on a volatile note on Friday, tracking weak cues from global markets as concerns over US political uncertainty kept investors on edge.
Prohibited pulses such as peas have joined the list of items being smuggled into the country from Nepal and Bangladesh, and these are flooding the Indian market in large quantities.
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