Key equity indices tumbled during early hours on Monday as surging Covid-19 cases continued to spook market sentiment.
At 10:15 am, the BSE SandP Sensex was down by 401 points or 0.82 per cent at 48,381 while the Nifty 50 edged lower by 97 points or 0.66 per cent to 14,534.
Sectoral indices at the National Stock Exchange were mixed with Nifty PSU bank slipping by 1.4 per cent, private bank by 1.3 per cent, financial service by 1 per cent and realty by 0.9 per cent.
But Nifty pharma and auto rose marginally by 0.3 per cent.
Among stocks, index heavyweight Reliance Industries dropped by 2.1 per cent to Rs 1,951.45 per share while Titan cracked by 3.1 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
~HT.178~PR.152~ED.103~GR.124~
Witness the rise of Nita Ambani as she takes on the helm of India's media landscape. Learn more about her journey and the significant impact she's set to make in the world of entertainment.
#NitaAmbani #MostPowerfulWomen #IndianMedia #Ambanis #NitaMukeshAmbani #NitaAmbaniLifestyle #MukeshAmbani #AmbaniWedding #AnantAmbani #RadhikaAmbani #Disney #Reliance #DisneyReliance #Oneindia
~HT.99~PR.274~CA.146~ED.194~
Discover the fascinating story of Radhika Merchant, the soon-to-be bride of Anant Ambani, youngest scion of Reliance Industries chairman Mukesh Ambani. From her upbringing in Mumbai to her educational journey at prestigious institutions and her professional achievements, learn about Radhika's diverse talents, cultural pursuits, and philanthropic interests. Join us as we delve into the life of Radhika Merchant, a blend of tradition, modernity, and promise.
#RadhikaMerchant #AnantAmbani #RadhikaAnantWedding #AmbaniWedding #AnantAmbani #RadhikaMerchantAnantAmbaniWedding #MukeshAmbani #NitaAmbani #Oneindia
~HT.178~PR.274~ED.194~GR.123~
Equity frontline indices closed in the green on Friday fuelled by expectation that the second COVID-19 wave will peak this month and the economy will rebound quickly. At the closing bell, the BSE SandP..
Equity benchmark indices showed resilience and traded higher during early hours on Friday fuelled by an expectation that the second Covid-19 wave will peak this month and the economy will rebound..
Equity benchmark indices traded in a narrow range on May 06 as consistent rise in COVID-19 cases kept investors on the fence. Going forward, said market experts, the interplay of resurgence in Covid-19..