Top Stories
HUL Q1 net profit rises 5.7 pc to Rs 1,897 crore
Company says performance has been resilient despite corona pandemic
NGT says environmental clearance for Kaleshwaram violates law
The NGT ordered the MOEF&CC to set up a seven-member expert committee to check invalid Environmental Clearance for the Kaleshwaram scheme.
Sensex tanks 304 points on last day of 2019; Nifty drops below 12,200
Tech Mahindra was the top loser in the Sensex pack, shedding 2.51 per cent, followed by Bajaj Auto, Reliance among others.
Sensex drops over 100 points amid thin global trade
Axis Bank was the top gainer; Sun Pharma, Ultratech Cement, HUL, ITC and SBI were also trading in the green.
Rupee rises 8 paise to 71.23 against US dollar in early trade
At the interbank foreign exchange the rupee opened at 71.28, then gathered momentum and touched 71.23 against the USD.
Sensex, Nifty end up flat
After swinging over 260 points during the day, the 30-share BSE Sensex ended 17.14 points, or 0.04 per cent, lower at 41,558.
Sensex jumps over 111 points; Nifty above 12,250
The 30-share BSE Sensex was trading 109.18 points or 0.26 per cent higher at 41,684.32.
Rupee rises 5 paise to 71.30 against USD in early trade
The rupee could not hold on to the gains and was trading at 71.32 against the dollar at 0955 hrs.
Exports to rebound in 2020 but growth to remain subdued
Commerce Secretary Anup Wadhawan said the current slowdown in exports is mainly due to a decline in petroleum products.
Delhi sees more night trips than Bengaluru, Mumbai, says Ola
Overall, Delhi recorded 71 million trips totalling 1.06 billion km in 2019.
Indian pharma 'sunrise' segment, year 2020 prognosis positive for healthcare sector
As for the healthcare sector, Apollo Hospitals Group MD Suneeta Reddy said, 'The prognosis is positive.'
Sensex rallies 411.38 points, Nifty soars above 12,200
Axis Bank was the top gainer on the Nifty 50 index, rising 3.21 per cent, while Yes Bank ended as the top loser.
Crude oil futures gain on spot demand, global cues
Analysts said fresh bets created by participants kept crude prices higher in futures trade.
Inflation leaves consumers teary-eyed as pricey onions, food items bite
For most part of 2019, the government was successful in price control but the party seemed to have lost the sheen lately.
Auto industry drives into 2020 with hope after a forgettable 2019
The industry hopes that the economy would finally come out of the slump, drawing people back to the showrooms.
Sensex jumps over 150 points; Nifty near 12,200
The 30-share BSE Sensex was trading 161.85 points or 0.39 per cent higher at 41,325.61.
Rupee rises 8 paise to 71.23 against US dollar in early trade
Forex traders positive opening in domestic equities supported the rupee.
NCLAT dismisses IT dept plea against Reliance Jio on demerger of tower
The IT department has contended that by scheme of arrangement, the transferor company Reliance Jio Infocomm.
RBI sees corporate governance 'fault lines' at some lenders
Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.
5 missteps to avoid while applying for a home loan
It’s important to have strong financial plan and avoid missteps while availing a home loan.
Politics, Plan and Policy
Indian tariffs on US goods unacceptable: Donald Trump
The trade row has prompted both countries to raise tariffs and created unease over the depth of their security alliance.
Oil slips as US-China trade deal hopes dwindle
A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.
Companies
NCLAT reserves order on Jaypee Infra land mortgaged with Jaiprakash's lenders
The NCLT had directed JAL to release and discharge interest created over the land to lenders including ICICI Bank.
PNB Housing Finance raises USD 100 million from IFC
The RBI has allowed us to borrow ECB up to USD 750 million annually under the automatic route.
Pre-festive season cut cheers realtors
RBI has cumulatively made 110 bps rate cut in the last four policy reviews.
Linking of user profile with Aadhaar: SC agrees to hear Facebook's plea
The top court issued notice to the Centre, Google, Twitter, YouTube and others and sought their response by Sept 13.
Jaypee Infratech insolvency: Lenders to meet on Nov 18 to comply with SC direction
Jaypee Infratech, a subsidiary of Jaiprakash Associates, has an outstanding debt of nearly Rs 9,800 crore.
Markets
After reclaiming 40,000 mark Sensex rises over 250 points
The broader NSE Nifty advanced 35.85 points, or 0.30 per cent, to 11,822.70.
Sensex slips over 126 points; metal stocks drag
The 30-share BSE gauge settled at 40,675.45, down 0.31 per cent or 126.72 points.
Crude oil futures up on positive cues
Analysts said speculative positions created by traders led to the rise in oil prices.
Rupee slips 11 paise against dollar in early trade
A strengthening dollar against other overseas currencies also kept investors on the edge, forex dealers said.