Sensex falls for third straight day in a row, loses 575 points at 59,034 points | Oneindia News
Video Credit: Oneindia - Duration: 03:01s - Published
Sensex falls for third straight day in a row, loses 575 points at 59,034 points | Oneindia News
Domestic equities were in the red on Thursday, as investors stayed away due to weak global indications and uncertainty ahead of the Reserve Bank of India's monetary policy announcement tomorrow.
On Friday, the RBI will publish its first bi-monthly interest rate decision, with investors paying close attention to the central bank's revised growth and inflation forecasts.
The RBI may change the phrasing of its "accommodative" position, according to a media article published earlier today.
It may also underline the possibility that the Russia-Ukraine conflict will keep CPI inflation above 6%.
This is higher than the RBI's February forecast of 4.5 percent and the market's forecast of 5.5 percent for the entire fiscal year.
RBI's action against Paytm and Kotak Mahindra Bank for non-compliance raised concerns. Kotak Mahindra's failure to meet data storage requirements led to RBI directives. Similar actions were taken against HDFC Bank in 2020. The events underscore the need for stronger regulatory mechanisms.
#kotakmahindrabankopenaccountzerobalance #kotakmahindrabank #kotakmahindrabanknews #kotakmahindrabankcreditcard #kotakmahindrabankcreditcardapply #kotakmahindrabankpersonalloan #RBI #RBInews #Moneynews #Oneinda #Oneindia news
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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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Prince Harry's upcoming visit to the UK in May has been confirmed, with plans to attend the Invictus Games anniversary ceremony in London. Additionally, speculation arises over Meghan Markle's potential presence during the trip. Stay tuned for updates on this royal event.
#PrinceHarry #PrinceHarryUKVisit #RoyalFamily #RoyalFamilyUK #UnitedKingdom #InvictusGamesAnniversary #MeghanMarkle #OneindiaNews
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Pakistan's Foreign Minister Ishaq Dar was appointed Deputy Prime Minister by Prime Minister Shehbaz Sharif-led Cabinet. This move, effective immediately, marks a strategic shift in government leadership. Dar's past role as Finance Minister and a recent stint as Foreign Minister raises questions about his new position. He is currently on an official visit to Saudi Arabia for the World Economic Forum Summit.
#Ishaqdar #PMShehbazSharif #SaudiArabia #IshaqDar #NawazSharif #ImranKhan #Pakistan #Pakistannews #Oneinda #Oneindia news
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As Lok Sabha elections progress, attention shifts to the battleground of Bengal, where BJP and TMC prepare for a fierce showdown. With BJP's heightened ambition post-2019 poll results, all eyes are on Mamata Banerjee's stronghold. Will issues like Sandeshkhali affect her reign? We delved into the matter with TMC Spokesman Ajay Ray and BJP Spokeswoman Shatorupa following the conclusion of the second phase of elections.
#MamataBanerjee #TMC #MamataDi #TMCnews #WestBengalNews #WestBengalPolls #BJP #PMModi #Modibengal #Didi #Politics #Oneinda #Oneindia news
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US President Biden reaffirmed opposition to Israel's planned invasion of Gaza's Rafah during a call with PM Netanyahu. International pressure mounts for a ceasefire amid concerns for over a million Palestinians. Qatar mediates, urging sincerity. Hamas releases videos, urging Israel's concessions. Biden urges enhanced humanitarian aid delivery.
#USPresident #JoeBiden #Gaza #GazaInvasion #Qatar #BenjaminNetanyahu #RafahInvasion #rafahnews #Worldnews #Oneinda #Oneindia news
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In a daring rescue operation, the Indian Navy saves a Panama-flagged ship, predominantly manned by 22 Indian crew members, from the clutches of Houthi rebels amidst escalating maritime tensions. Stay updated with the latest developments in this ongoing series of drone and missile strikes.
#IndianNavy #IndianNavyRescue #Houthis #HouthiRebels #outhiAttacks #PanamaFlaggedShip #RedSea #RedSeaCrisis #RedSeaAttacks #IsraelHamasWar #INSKochi #Yemen #Oneindia
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Congress leader Rahul Gandhi holds a spirited roadshow in Wayanad, Kerala, ahead of filing his nomination papers for the Lok Sabha elections. Thousands of supporters join him, while CPI candidate Annie Raja also files her nomination. Criticism arises, questioning Rahul's decision to contest against Raja instead of confronting the BJP directly. The electoral dynamics in Wayanad reflect intricate alliances and fierce rivalries.
#Congress #RahulGandhi #LokSabhaElections #Wayanad #KeralaElections #CPI #AnnieRaja #BJP #Amethi #CongressParty #Worldnews #Oneindia #Oneindianews
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Consumer Prices , Rose 0.4% in February.
The Bureau of Labor Statistics released
its latest data on March 12.
In February 2024, prices rose 0.4%
compared to January and 3.2% year-over-year, according to the Consumer Price Index (CPI).
The figures, which are greater than expected, represent the biggest monthly increase since September, Yahoo Finance reports. .
The index for housing rent rose 0.5% in February.
Gas prices rose 3.8%.
While food prices held steady for the month, they increased 2.2% year-over-year.
The Federal Reserve will use the latest data to help determine its position on interest rates on March 20. .
Experts predict that rates will
remain unchanged for the time being.
The market is now eyeing June for the possibility of rate cuts, Yahoo Finance reports. .
Fed Chair Jerome Powell recently said
that while interest rates will likely
be cut "at some point this year,"
"a little bit more data" is needed.
Credit: Wibbitz Top Stories Duration: 01:31Published
Kyiv notified the European Council that the rights and freedoms of Ukrainians may be restricted under martial law as it moves to expand military conscription.
Credit: euronews (in English) Duration: 01:03Published
The Sensex rose almost 700 points to 57,521.06 (roughly 1.25 percent). The Nifty rose by a similar amount to 17,245.05. The biggest gainer was Hindustan Unilever Ltd., which rose 4.5 percent. Today, 43..
Gaushala demolished in Alwar, a day after razing of Shiv temple in the state; Govt requests TV channels to not telecast provocative content related to Jahangirpuri violence; India extends additional..
Yesterday, British PM Boris Johnson arrived in Gujarat for the start of his two-day visit to India. He met with PM Modi. Today, he thanked PM Modi for a 'fantastic welcome'.
#BorisJohnson #IndiaUK..
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