Stock market ends five-day winning streak
At close, Sensex was down 609.28 points, or 0.82%, at 73,730.16. Meanwhile, Nifty opened higher at 22,620.40 and touched a low of 22,419.90 in intraday trades.
At close, Sensex was down 609.28 points, or 0.82%, at 73,730.16. Meanwhile, Nifty opened higher at 22,620.40 and touched a low of 22,419.90 in intraday trades.
In 2022, Zomato had acquired Blinkit for $568 million but since then, on the back of improved performance, the latter’s implied valuation has grown to a staggering $13 billion, according to analysts at Goldman Sachs.
Inflation is expected to remain above the Reserve Bank of India's target level of 4 per cent over the forecast period due to strong economic activity, Majumdar said.
Natarajan is an acknowledged techno-business leader in the insurance and retirement industry, having spent over 25 years with Cognizant, serving clients in the US, the company said.
The Reserve Bank of India (RBI) on Thursday cautioned the public against Prepaid Payment Instruments issued by unauthorised entities.
The top gainers on the Sensex so far were ITC, Asian Paints and Bharti Airtel, while the major losers were Axis Bank, Kotak Mahindra Bank and Sun Pharmaceutical Industries
Sensex gainers were - Reliance Industries skyrocketing nearly 3% followed by L&T surging 1.5%. Stocks like Bajaj Finserv, Bajaj Auto, M&M, and Bajaj Finance climbed more than 1% each.
In a review meeting with the senior officials of the Power Ministry, Coal Ministry, Central Electricity Authority, Railways and Power PSUs, Union Power Minister R K Singh stressed making maximum use of captive coal mines to meet the coal demand.
Siva Industries and Holdings Limited (Siva Industries) which owes lenders about Rs 5,000 crore will go into liquidation after the NCLT rejected the application
Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities: "Going ahead, global investment continues to stay challenging. The market is focusing on the sustenance of growth in developed economies."
