Equity gauges down on weak global cues, Nifty PSU bank slips 2 pc
Video Credit: ANI - Duration: 01:14s - Published
Equity gauges down on weak global cues, Nifty PSU bank slips 2 pc
Equity benchmark indices traded lower during early hours on Thursday following weak global cues amid concerns about rising coronavirus cases and extension of lockdown measures in some countries.
At 10:15 am, the BSE S-P Sensex was down by 387 points or 0.79 per cent at 48,793 while the Nifty 50 edged lower by 107 points or 0.68 per cent to 14,442.
All sectoral indices at the National Stock Exchange were in the negative zone.
Nifty PSU bank dipped by 2 per cent while Nifty realty was down by 1.8 per cent, IT by 1.4 per cent and auto by 1.2 per cent.
Among stocks, Eicher Motors lost by 2.1 per cent to Rs 2,603.70 per share while Tata Motors fell by 2.2 per cent to Rs 287.90 per unit.
State Bank of India cracked by 1.5 per cent, IndusInd Bank by 1.6 per cent, Bajaj Finance by 1.8 per cent and Kotak Mahindra Bank by 1.9 per cent.
However, those which gained marginally were Tata Steel, JSW Steel, ONGC, GAIL and Cipla.
Meanwhile, Asian equities bounced between gains and losses as a selloff in Chinese technology shares due to concerns they will be delisted from US bourses and worries about a semiconductor shortage rattled some investors.
MSCI's broadest index of Asia Pacific shares outside Japan rose by 0.1 per cent.
Hong Kong shares fell sharply at the open but then trimmed their losses to a 0.18 per cent decline.
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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Watch as the United States takes a stand against the crackdown on rights and freedoms in Hong Kong by imposing new visa restrictions on multiple officials. Stay updated on the latest developments in the ongoing tensions between the US and China over the situation in the Chinese-ruled territory.
#USNews #HongKong #USVisa #HongKongVisa #VisaRestrictions #USVisaRestrictions #RightsCrackdown #UnitedStatesofAmerica #Oneindia
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Hong Kong Passes , New Security Law.
On March 19, lawmakers in Hong Kong unanimously passed Article 32.
The national security bill
"punishes treason, sabotage, sedition,
the theft of state secrets and espionage
with up to life imprisonment," Reuters reports. .
The legislation will go into effect on March 23.
John Lee, a political leader
in the country, referred to the new law
as a "historic moment for Hong Kong.".
However, critics say that the
new legislation could be utilized to
"eliminate dissent through the fear of arrest
and detention," restricting free speech and more.
However, critics say that the
new legislation could be utilized to
"eliminate dissent through the fear of arrest
and detention," restricting free speech and more.
On March 14, the U.S. Congressional-Executive Commission on China wrote Secretary of State Antony Blinken to oppose the new laws.
The commission also urged the American government to "take additional steps to protect American citizens and businesses," Reuters reports. .
An ever-expanding notion of national
security will only make Hong Kong less safe
for U.S. businesses and citizens living in
Hong Kong as well as Hong Kongers seeking
to exercise their fundamental freedoms, The U.S. Congressional-Executive Commission
on China, via letter to Antony Blinken .
China's Foreign Ministry Commissioner's
office responded to the criticism. .
China's Foreign Ministry Commissioner's
office responded to the criticism. .
Immediately stop the political
manipulation and interference
in Hong Kong affairs, China's Foreign Ministry Commissioner's office, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
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