Equity in green amid volatile session, SBI up by 11%
Video Credit: ANI - Duration: 01:08s - Published
Equity in green amid volatile session, SBI up by 11%
Equity benchmark indices closed higher on Friday but off the record levels of early session as the Reserve Bank of India (RBI) kept key interest rates unchanged and maintained accommodative stance.
The BSE SandP Sensex closed 117 points or 0.23 per cent higher at 50,732 while the Nifty 50 edged higher by 29 points or 0.19 per cent to 14,924.
Sectoral indices at the National Stock Exchange were mixed with Nifty PSU bank jumping by 3.62 per cent and financial service by 0.7 per cent.
But Nifty auto, IT and private bank were in the red Among stocks, government-owned State Bank of India moved up by 11.3 per cent to Rs 395.30 per share.
Kotak Mahindra Bank ticked up by 4.1 per cent and HDFC Bank by 1.1 per cent.
However, Bharti Airtel dipped by 2.7 per cent to Rs 584.40 per share and Tata Motors skidded by 2.3 per cent.
Axis Bank dropped by 3 per cent, ICICI Bank by 1.7 per cent, Tata Motors by 2.3 per cent, Maruti Suzuki by 1.8 per cent and GAIL by 1.4 per cent.
As the Lok Sabha elections unfold, politicians are making bold moves and claims. From Tejashwi Yadav's orange video to Meesa Bharti's warning of jail time for PM Modi, the political drama is heating up. Rahul Gandhi vows to end poverty by promising to transfer ₹1 lakh annually to impoverished women. Stay tuned to Oneindia News for the latest election updates and global news.
#SBI #ElectoralBonds #ElectoralBondData #RTI #RTIAct #CJIChandrachud #Indianews #LokSabhaelections #Politics #Oneindia #Oneindianews
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State Bank of India (SBI) declines to disclose details of electoral bonds submitted to the Election Commission, citing the RTI Act. In response to RTI activist Commodore (retired) Lokesh Batra's request for complete disclosure of electoral bonds data in digital format, SBI refuses, following Supreme Court's order.
#SBI #ElectoralBonds #ElectoralBondData #RTI #RTIAct #CJIChandrachud #Indianews #LokSabhaelections #Politics #Oneindia #Oneindianews
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Dramatic exchanges unfolded in the Supreme Court today as a Constitution bench convened to hear petitions alleging that the State Bank of India (SBI) had provided incomplete data following the landmark verdict in the electoral bonds case. Advocates, including Mathews Nedumpara, engaged in heated discussions with Chief Justice of India DY Chandrachud during the proceedings.
#CJIChandrachud #LawyerRebuke #PollBonds #ElectoralBonds #SupremeCourt #LegalDrama #CourtroomExchange #JudicialProceedings #ViralVideo #SBI #Transparency #JudicialDecorum #LegalProtocol #CourtroomEtiquette #ConstitutionBench #ContemptOfCourt #ElectionCommission #PublicAccess #LegalProcedure #RuleOfLaw
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The Supreme Court dismissed the State Bank of India's plea for an extension to disclose electoral bond details, directing disclosure by March 12, 2024. This decision follows the court's ruling against the 2018 electoral bond scheme changes. SBI's confusion over matching exercises was clarified by the Chief Justice, emphasising the need for plain disclosure. Contempt proceedings may ensue if directives are not followed.
#SupremeCourt #StateBankofIndia #SBI #SBINews #ElectoralBonds #ElectoralBondScheme #Indianews #CJIChandrachud #Oneindia #Oneindianews
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Market pressure persisted for the third consecutive session as key indices, including Sensex, Nifty, and Nifty Bank, witnessed notable declines. The midcap index closed in the red despite performing relatively better. Geopolitical tensions between Iran and Israel contributed to the market downturn. US stock futures dipped after major benchmarks suffered losses, while European and Asia-Pacific markets also experienced significant drops.
#Business #Businessnews #StockExchange #IranIsrael #Businessimpact #Sensex #Nifty #Gold #Businessupdates #Economy #Indianews #Oneindia #OneindiaNews
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