Monday, Apr 15 2024 | Time 05:15 Hrs(IST)
Business Economy

Sensex tanks over 700 pts

Mumbai, Feb 8 (UNI) The BSE Sensex dropped 749 pts at 71,405.38 till noon trade on Thursday, after the RBI decision to keep the key rates unchanged in its Monetary Policy that announced today.
The National Stock Exchange (NSE) slipped 184.90 pts at 21,745.60.
The NSE registered days high and low at 22,011.05 and 21,709.15 pts respectively.
The day started on a strong note at 72,473.42, up 321 pts, intra days high.
After announcing the RBI Monetary policy by RBI Governor, Shaktikanta Das that keeping the key rates unaltered, the equity market nosedived 749 pts at 71,405.38 till noon.
The stocks that dragged the market were FMCG by 1.23 pc followed by Bankex by 1.09 pc, Auto by 0.81 pc and Financial Services by 0.82 pc.
The Mid Cap was gained 0.33 pc while Small Cap eased by 0.30 pc.
In 30 scrips, 4 advanced while 26 declined.
The losers were Axis Bank by 2.72 pc to Rs 1039.90, ICICI Bank by 2.47 pc to Rs 998.50, Nestle India Ltd by 2.38 pc to Rs 2439.53 and Kotak Bank by 1.90 pc to Rs 1759.45.
The gainers were Powergrid by 4.72 pc to Rs 280.60, SBI by 3.58 pc to Rs 699.35 and HCL Technology by 0.53 pc to Rs 1623.15.
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AMCCIE demands withdrawal of new hike in electricity tariff

13 Apr 2024 | 6:21 PM

Pune, Apr 13 (UNI) The Agarwal Marwadi Chamber of Commerce Industries and Education (AMCCIE) on Saturday wrote a letter to Chief Minister Eknath Shinde demanding withdrawal of new hike in electricity tariff imposed by Maharashtra State Electricity Board from this month.

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Kottayam-Kochi Rubber Market Rates

13 Apr 2024 | 5:50 PM

Kottayam, April 13(UNI) Following were the Rubber Market rates announced by the Rubber Board here on Saturday per quintal.

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Institutional investments in real estate nosedive as foreign investors turn cautious

13 Apr 2024 | 5:03 PM

New Delhi, April 13 (UNI) Institutional investments in the country’s real estate sector slumped 55% year-on-year to US$ 552.1 million in January-March quarter (Q1) of 2024 as foreign investors stayed away from the market in the wake of global macro-economic uncertainties and geo-political tensions, property consultant Vestian said in a report on Saturday.

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AP: Granules India’s Unit V facility at Anakapalle completes US FDA Inspection

AP: Granules India’s Unit V facility at Anakapalle completes US FDA Inspection

13 Apr 2024 | 4:45 PM

Visakhapatnam (Andhra Pradesh), Apr 13 (UNI) Granules India Limited, announced on Saturday that the Company’s Unit V facility located at Anakapalle has successfully completed the US Food and Drug Administration (FDA) inspection.

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Hyderabad: HP launches AI-enhanced laptops for gamers

13 Apr 2024 | 4:44 PM

Hyderabad, Apr 13 (UNI) HP has launched AI-enhanced laptops designed for gamers and content creators here on Saturday.

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