Markets

Sensex crosses 49,000 for the first time, likely to touch 50,000 soon; Healthy buying of IT stocks pushes market

On Monday, after opening the markets, Sensex was trading at 49,211.61, higher by 429.10 points or 0.88 per cent from its previous close of 48,782.51 within half-an-hour. It opened at 49,252.31 and touched a high of 49,260.21 and a low of 49,015.22 points

Jan 11, 2021

Only purchase of jewellery above Rs 2 lakh needs mandatory KYC | Details

Department of Revenue (DoR) has clarified that any purchase of gold, silver, jewellery or precious gems and stones below Rs 2 lakh does not require PAN or Aadhaar of a customer as a mandatory KYC document.

Jan 10, 2021

Major fire in petrol pump near governor's house in Bhubaneswar

Petrol prices reach Rs.84 per litre in Delhi, all-time high since Oct 2018

During the pandemic, petrol price had been static since September 22 last year, and diesel rates hadn't changed since October 2. It started rising in November and again went for pause since December 8. Since then, it increased on January 6 and again on January 7

Jan 7, 2021

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Realty stocks regain as Maharashtra halves premium on realty projects

The latest move by the Maharashtra government to slash premium by 50% is likely to give a major boost to the pandemic-hit realty sector in state

Jan 7, 2021

Sensex crosses 48,000-mark first time, backed by auto sales

Positive news on the vaccine front, along with improved auto sales and GST collection data supported the market sentiments

Jan 4, 2021

Sensex crosses 47,300 points mark for the first time

The share market appears to be back on 'Buy on dips mode' aided by sustained FII buying

Dec 28, 2020

Bitcoin hits all-time high, breaches $20,000 mark; bubble burst unlikely

The world's most valuable virtual currency traded 5.6 percent higher to hit $20,600, pushing year-to-date gains to more than 180 percent.

Dec 16, 2020

Nifty, Sensex hit record highs as Burger King nearly doubles in market debut

Indian shares pared some gains after hitting record highs in early trade on Monday, with Burger King India soaring almost 100% in its market debut

Dec 14, 2020

Genuine concern or vote bank politics: Why Indians must ignore Canada's views on farm bill

It's time that Prime Minister Justin Trudeau is politely reminded of Canada's hypocrisy, in the wake of his very public support to protesting farmers.

Dec 7, 2020

Why is Sensex surging even when economy is in technical recession: Explained

It is pertinent to note that since Indian recorded its worst-ever GDP numbers for a quarter in June quarter due to strict lockdown, the indices at Dalaal Street have reached new heights.

Dec 1, 2020

Healing economy expected to keep markets high | Read

Economic recovery along with hopes of a Covid-19 vaccine will keep domestic stock markets high during the upcoming trade week.

Nov 22, 2020

Anugrah Stock & Broking suspended for several violations; SEBI opens inquiry

The firm had also failed to deposit the sum of Rs 165 crore by August 31, 2020, as directed by SAT.

Nov 14, 2020

Nifty, Sensex hit record highs as Biden win boosts IT stocks, Asian markets

Indian markets touched record highs on Monday as IT stocks gained after a report said that U.S. President-elect Joe Biden planned to ease policy on work visas, with his victory also boosting broader Asian markets and aiding domestic sentiment.

Nov 9, 2020

Flipkart to buy 8% stake in Aditya Birla Fashion and Retail for $203.78 million

Walmart Inc's Flipkart will invest 15 billion rupees ($203.78 million) in Aditya Birla Fashion and Retail Ltd for a 7.8% stake, the fashion apparel company said here on Friday, Oct 23.

Oct 23, 2020

India's September gold imports fall 59% to four-month low

India's gold imports in September fell 59% from a year earlier to the lowest level in four months, a government source said on Tuesday, as a drop in prices from a record high failed to lure buyers, which were postponing purchases anticipating bigger drop.

Oct 6, 2020