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December 15, 2020
The domestic equity benchmarks ended near the flat line on Tuesday. As per provisional closing data, the barometer index, the S&P BSE Sensex, added 9.71 points or 0.02% to 46,263.17. The Nifty 50 index added 9.70 points or 0.07% at 13,567.85. The Nifty opened in the red and hit the days low of 13,447.05 in mid-morning trade. It witnessed recovery from early afternoon trade. It bounced back in mid-afternoon trade and hit the days high of 13,589.65. After some bouts of volatility, the indices clo...
December 14, 2020
Key equity benchmarks bounce back after briefly slipping in the negative terrain in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, rose 65.89 points or 0.14% at 46,164.90. The Nifty 50 index gained 14.20 points or 0.11% at 13,528.05. The broader market outperformed the benchmarks. The S&P BSE Mid-Cap index rose 0.60%. The S&P BSE Small-Cap index gained 0.65%. Buyers outpaced sellers. On the BSE, 1,810 shares rose and 1,077 shares fell. A total of 182 shares were unchang...
December 14, 2020
The benchmark indices traded with minor gains in early afternoon trade. Auto, IT and realty indices witnessed selling pressure. At 12:20 IST, the barometer index, the S&P BSE Sensex, rose 30.37 points or 0.07% at 46,129.38. The Nifty 50 index gained 8.80 points or 0.07% at 13,522.65. In the broader market, the S&P BSE Mid-Cap index added 0.73% while the S&P BSE Small-Cap index rose 0.67%. Both these indices outperformed the Sensex. The market breadth was strong. On the BSE, 1,754 shares rose a...
December 14, 2020
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December 14, 2020
Domestic equity barometers firmed up in mid-afternoon trade. At 14:23 IST, the barometer index, the S&P BSE Sensex, rose 157.82 points or 0.34% at 46,256.83. The Nifty 50 index gained 40.15 points or 0.30% at 13,554. The broader market outperformed the benchmarks. The S&P BSE Mid-Cap index rose 0.82% while the S&P BSE Small-Cap index gained 0.84%. Buyers outpaced sellers. On the BSE, 1869 shares rose and 1092 shares fell. A total of 173 shares were unchanged. The undertone of the market was upb...
December 14, 2020
India’s retail inflation dips to 6.93% in November India CPI Inflation Rate November 2020: The retail inflation which is measured by the Consumer Price Index (CPI) was 6.93 per cent in November, government data revealed. Updated: December 14, 2020 6:25:01 pm Vegetables are displayed for sale at a market stall in New Delhi, India, on Sunday, Feb. 2, 2020. (Photographer: Ruhani Kaur/Bloomberg) India CPI Inflation Rate 2020: India’s retail inflation decline...
December 12, 2020
Freeze on MP dvpt scheme to continue, HC fines petitioner BySunil BaghelSunil Baghel / Updated: Dec 12, 2020, 06:07 IST REPRESENTATIONAL IMAGE Court dismisses PIL challenging suspension of MPLADS fund; says freezing doesn’t abrogate rights; imposes Rs 1 lakh cost on petitioner. The Bombay High Court has green-signalled the suspension of the Member of Parliament Local Area Development Scheme (MPLADS) for 2020-21 and 2021-22. Pulling up the petitioner who had challenged the suspension in Sept...
December 11, 2020
IIP India Growth Rate Data October 2020: The industrial growth so far in the fiscal year 2020-21 (April-October) has contracted 17.5 per cent, compared to a 0.1 per cent rise in the corresponding period year ago, the data from Ministry of Statistics & Programme Implementation (MoSPI) showed.
December 11, 2020
These three companies are helping digitalise infrastructure SECTIONS Last Updated: Dec 11, 2020, 09:52 PM IST Share Synopsis According to a recent report by the Union Ministry of Statistics and Programme Implementation, 552 projects of 1,634 projects it monitors were delayed. Moreover, 373 projects also reported cost overruns. ThinkStock Photos MUMBAI: Rapid urbanization in India has made it more pertinent to fast track infracture projects. According to a recent report by the Union Ministry of ...
December 11, 2020
The manufacturing sector, which has a weightage of 77.6 percent in the IIP, recorded a growth of 3.5 percent in October.