Business

August 6, 2024 6:08 PM

Sensex down 126 points; Nifty shed 63 points to settle at 23,992

Indian stock markets have recovered some of their losses in today's session, tracking a global rebound. However, the market failed to hold the early gains and ended lower for the third straight session amid volatility. At close, the Sensex was down 126 points or 0.16 percent at 78,633, and the Nifty...

August 6, 2024 5:22 PM

Ministry of Finance Reports 652 Black Money Cases and 163 Prosecutions; Rs 4,000 Crore Disclosed in 2015 Compliance Window

Ministry of Finance has informed that, by the end of last fiscal year, about 652 cases raising demand of more than Rs 17,000 crore and 163 prosecutions have been launched under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act. In a written reply in Lok Sabha, Minister of...

August 6, 2024 4:19 PM

Minimum balance is not required for PMJDY accounts and basic savings bank deposit accounts: Nirmala Sitharaman in RS

Union Finance Minister Nirmala Sitharaman has clarified that a minimum balance is not required for PM Jandhan accounts and basic savings bank deposit accounts. She was replying to a supplementaries during question hour in Rajya Sabha over charges recovered by various banks from account holders for n...

August 6, 2024 11:24 AM

Stock Market: Sensex at 918 points, Nifty at 278 points

Domestic benchmark indices rebounded sharply today, rising over a per cent in early deals amid mixed cues. It comes a day after global share markets including Indian stocks suffered massive losses. The Sensex at the BSE jumped 918 points or 1.17 per cent to trade at 79,678 mark in morning d...

August 5, 2024 7:26 PM

Indian Benchmark Indices Drop Over 2.5%: Sensex Falls 2,222 Points, Nifty Down 662 Points

Indian benchmark indices today shed more than 2.5 percent. At close, the Sensex was down 2,222 points or 2.7 percent at 78,759 and the Nifty was down 662 points or 2.6 percent at 24,055. In the broader market at the BSE, the Midcap index shed 3.5 percent and Smallcap index pluged ...

August 5, 2024 2:04 PM

Stock Market: Sensex tanked 2,686 points & Nifty tumbled 824 points

Domestic benchmark indices crashed over three per cent each today following extremely weak trends in global markets amid fears of a slowdown in the US economy. The Sensex at the Bombay Stock Exchange tanked 2,686 points or 3.31 per cent to 78,296 in the afternoon trade. The Nifty at the National Sto...

August 5, 2024 11:08 AM

Stock Market: Sensex tanked 2,401 points & Nifty tumbled 490 points

Domestic benchmark indices tumbled in early trade today in line with extremely weak trends in global markets amid fears of a slowdown in the US economy and foreign fund outflows. The Sensex at the Bombay Stock Exchange tanked 2,401 points to 78,580 in morning trade. The Nifty at the National Stock E...

August 4, 2024 6:35 AM

FPIs invest 54,727 crore rupees in equity & debt in July, 2024

Foreign portfolio investors (FPIs) invested 54,727 crore rupees in equity and debt in the month of July, 2024. According to data from the National Securities Depository Limited (NSDL), FPIs allocated 32,364 crore rupees to equity and 22,363 crore rupees to debt during the same period. Experts attrib...

August 3, 2024 6:40 PM

Market Ends Eight-Week Gaining Streak Amid Global Trends and Weak Economic Data

The market snapped the eight week gaining streak after Friday's correction erased the weekly gains, following world equity markets trend amid weak economic data. However, during the week, the benchmarks recorded a fresh all-time high after the Fed Chair indicated possible rate cut at the September m...