Stock markets end lower amid weakness in heavyweight private banks
Indian stock markets ended lower for the second consecutive session on Tuesday amid volatile trading.
Indian stock markets ended lower for the second consecutive session on Tuesday amid volatile trading.
The robust growth in these industries offset weaker performance in other sectors. Output declined in crude oil, natural gas, refinery products and fertilisers during the month, highlighting the uneven nature of the recovery across the core industries.
Replying to a question in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said the government currently has no plan to remove the tax on long-term gains from equity investments.
Aditya Birla Capital Ltd (ABCL) officially informed the stock exchanges here on Friday that it has invested Rs 484.5 crore in Aditya Birla Sun Life Insurance Company Ltd (ABSLI) through a rights issue of equity shares.
The Indian stock markets ended on a strong note on Friday, supported by robust buying in auto, information technology (IT), and banking stocks.
India's merchandise exports rose 18 per cent to $45.2 billion while imports grew 20.62 per cent to $73.41 billion in May with the total trade deficit recorded at $28.21 billion, according to the Commerce Ministry data.
The latest development came after the ED produced both former executives before special PMLA courts, which allowed their custodial interrogation. The arrests had been made earlier on June 12 under the Prevention of Money Laundering Act (PMLA).
Indian markets opened sharply higher as investors welcomed easing tensions in West Asia, lower crude oil prices and reports of a breakthrough between the United States and Iran.
Speaking to a packed audience of students, Radhika also highlighted India's rise on the global stage and the growing prominence of Ayurveda, an ancient Indian medicine science.
The combined market valuation of eight of the country's top-10 most valued companies surged by Rs 1.90 trillion last week, with ICICI Bank emerging as the biggest gainer, adding Rs 56,223 crore to take its valuation to Rs 9,61,297.77 crore.
