Sensex drops 740 points on rising COVID cases, auto stocks crack
Video Credit: ANI - Duration: 01:14s - Published
Sensex drops 740 points on rising COVID cases, auto stocks crack
Equity benchmark indices closed nearly 1.5 per cent lower on Thursday amid concerns over rising coronavirus infections and weak global cues.
The BSE S-P Sensex was down by 740 points or 1.51 per cent at 48,440 while the Nifty 50 edged lower by 225 points or 1.54 per cent to 14,325.
All sectoral indices at the National Stock Exchange were in the negative zone.
Nifty auto dipped by 2.7 per cent while Nifty PSU bank was down by 2.6 per cent, realty by 2.5 per cent and IT by 2.2 per cent.
Among stocks, Maruti Suzuki lost by 3.8 per cent to Rs 6,792 per share while Hero MotoCorp fell by 2.9 per cent, Tata Motors and Eicher Motors by 2.8 per cent each.
As the trading session commenced on April 19th, both the Sensex and the Nifty continued their downward trend for the fifth consecutive day, fueled by reports of Israel's recent missile launch on Iran. This event triggered a surge in oil and gold prices, heightening concerns about the global economy. Concurrently, the commencement of Lok Sabha elections added to the domestic landscape. The Indian rupee also opened at a historic low of 83.55 per Dollar.
#Market, #Sensex, #Nifty, #IranIsraelConflict, #StockMarket
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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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Law Enforcement Hiring , Increased in 2023 , Following Years of Decline.
NBC reports that police departments in the United States
have seen their first increase in ranks, changing course
on a historic exodus of officers in recent years.
According to a recent survey,
2023 saw more officers sworn in
than any of the previous four years. .
At the same time, the survey by the Police Executive
Research Forum (PERF) also found that fewer law
enforcement officers resigned or retired in 2023. .
Law enforcement numbers had been declining following
the COVID pandemic and nationwide protests against
police brutality following the death of George Floyd. .
Law enforcement numbers had been declining following
the COVID pandemic and nationwide protests against
police brutality following the death of George Floyd. .
I just think that the past four
years have been particularly
challenging for American policing.
And our survey shows weβre
finally starting to turn a corner, Chuck Wexler, Executive director of PERF, via NBC.
NBC reports that declining numbers left
many police departments with a shortage of
officers, which resulted in slower response times.
Chuck Wexler, executive director of PERF, warns that many police departments are still struggling to recruit and retain officers.
According to Wexler, law enforcement , "isn't out of the woods yet.".
At least a dozen smaller police departments in
the nation have been forced to disband, leaving those
municipalities reliant upon state or county police forces.
NBC reports that in addition to increased pay and
benefits, many police departments have chosen to
change application requirements to increase hiring
Credit: Wibbitz Top Stories Duration: 01:31Published
A dad who suffered a brain injury just days after receiving a British-developed COVID vaccine has told Sky News he would never have had the jab if he had known.. Sky News
Equity benchmark indices plunged by over 1 per cent on Wednesday amid profit booking by traders across counters on the last trading day of FY21.The BSE SandP Sensex closed 627 points or 1.25 per cent..
Equity benchmark indices dipped by over half a per cent during early hours on Wednesday amid mixed global cues with banking and financial stocks taking a hit. At 10:15 am, the BSE SandP Sensex was down..
Equity benchmark indices were on upswing through the trading session on March 30 and closed nearly 2.5 per cent higher with IT, metals, pharma and FMCG stocks witnessing substantial gains. The BSE S-P..
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