Equity indices close flat after volatile session, UPL up 7%
Video Credit: ANI - Duration: 01:11s - Published
Equity indices close flat after volatile session, UPL up 7%
Equity benchmark indices erased early intra-day gains and ended marginally higher on Monday with Nifty PSU bank up by 1.6 per cent.
The BSE S-P Sensex wound up 36 points or 0.07 per cent higher at 50,441 while the Nifty 50 ticked up by 18 points or 0.12 per cent to 14,956.Sectoral indices at the National Stock Exchange were mixed with Nifty PSU bank up by 1.6 per cent, metal by 0.8 per cent and pharma by 0.4 per cent.
But Nifty realty slipped by 1 per cent.
Among stocks, agro-chemicals major UPL jumped by 7 per cent to Rs 633.45 per share while energy major GAIL was up by 4.2 per cent to Rs 153.40.Larsen and Toubro rose by 3.4 per cent, ONGC by 3.3 per cent, SBI Life by 2.8 per cent, State Bank of India by 1.6 per cent, HCL Technologies by 2.4 per cent and Axis Bank by 1.9 per cent.
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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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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