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Sensex rises 160 points in choppy trade

Sensex rises 160 points in choppy trade

Rediff.com8 Dec 2022

Benchmark BSE Sensex rose by 160 points on Thursday in choppy trade following gains in select banking and auto counters amid mixed global cues. The 30-share index gained 160 points to settle at 62,570.68 as 13 of its components advanced while 17 declined. The barometer opened lower but later gained momentum to touch a high of 62,633.56 in the day's trade.

100% Railways Electrification By 2024

100% Railways Electrification By 2024

Rediff.com3 Mar 2023

India is now much ahead of other large railway networks in the world in terms of electrification -- with the US at just 1 per cent, China at 72 per cent and Europe at 60 per cent.

Markets settle lower; Sensex falls for third day

Markets settle lower; Sensex falls for third day

Rediff.com6 Dec 2022

Benchmark indices ended the day in the negative territory on Tuesday amid weak global market trends and rising crude prices. Falling for the third day running, the 30-share BSE benchmark ended 208.24 points or 0.33 per cent lower at 62,626.36. During the day, it tumbled 444.53 points or 0.70 per cent to 62,390.07.

Markets settle on flat note; Sensex declines 34 points

Markets settle on flat note; Sensex declines 34 points

Rediff.com5 Dec 2022

Equity benchmark indices ended on a flat note on Monday, with the BSE Sensex falling nearly 34 points, recording its second day of decline after an eight-day rally. In a volatile trade, the 30-share BSE benchmark dipped 33.9 points or 0.05 per cent to settle at 62,834.60. During the day, it fell 360.62 points or 0.57 per cent to 62,507.88.

After 8 days, investors book profit; Sensex ends down 416 points

After 8 days, investors book profit; Sensex ends down 416 points

Rediff.com2 Dec 2022

Equity benchmark indices ended lower on Friday, halting their eight-day rally, amid a weak trend in global markets and emergence of profit-taking. The 30-share BSE Sensex fell 415.69 points or 0.66 per cent to settle at 62,868.50. During the day, it tanked 604.56 points or 0.95 per cent to 62,679.63.

Markets on record-making spree; rally for 8th day

Markets on record-making spree; rally for 8th day

Rediff.com1 Dec 2022

Benchmark indices rallied for the eighth day running on Thursday, ending at fresh record closing highs, amid firm global market trends and continuous foreign fund inflows. Buying in IT counters also added to the momentum.

Sensex hits 63K for first time; Nifty ends at fresh high

Sensex hits 63K for first time; Nifty ends at fresh high

Rediff.com30 Nov 2022

Benchmark BSE Sensex settled above the 63,000-level for the first time on Wednesday, extending its winning momentum to seventh day amid a largely positive trend in global markets and continuous foreign fund inflows.

Sensex, Nifty settle at fresh lifetime highs

Sensex, Nifty settle at fresh lifetime highs

Rediff.com29 Nov 2022

The Sensex and Nifty ended at fresh lifetime peaks on Tuesday amid a largely firm trend in other Asian markets and continuous foreign fund inflows. The 30-share BSE Sensex gained 177.04 points or 0.28 per cent to settle at 62,681.84, its fresh record closing high. During the day, it jumped 382.6 points or 0.61 per cent to its lifetime intra-day peak of 62,887.40.

ED allowed to share information about economic offenders with 15 more agencies

ED allowed to share information about economic offenders with 15 more agencies

Rediff.com28 Nov 2022

The government has allowed the Enforcement Directorate to share information about economic offenders with 15 more agencies, including SFIO, CCI and NIA, a move that will expedite nailing of law-breakers. The finance ministry notified changes to the Prevention of Money Laundering Act (PMLA), 2002, on November 22. Through the notification, the Enforcement Directorate (ED), which deals primarily with cases of money laundering and violations of foreign exchange laws, would be able to share data with a total of 25 agencies, including the 10 specified earlier.

Sensex hits record high; closes at 62,273

Sensex hits record high; closes at 62,273

Rediff.com24 Nov 2022

Equity benchmark BSE Sensex closed at an all-time high of 62,272.68 on Thursday, tracking a firm trend in global markets after the US Fed minutes indicated a slower pace of rate increase that bolstered investors' sentiment. Extending its rally to the third straight day, the 30-share BSE benchmark rallied 762.10 points or 1.24 per cent to settle at 62,272.68, its record closing peak. During the day, it jumped 901.75 points or 1.46 per cent to its lifetime high of 62,412.33.he broader NSE Nifty gained 216.85 points or 1.19 per cent to end at 18,484.10.

Global trends, banking stocks help markets end in green

Global trends, banking stocks help markets end in green

Rediff.com23 Nov 2022

Equity benchmarks ended higher on Wednesday amid buying in banking counters and a firm trend in global markets. Continuing its previous day rally, the 30-share BSE Sensex climbed 91.62 points or 0.15 per cent to settle at 61,510.58. During the day, it jumped 361.94 points or 0.58 per cent to 61,780.90. The broader NSE Nifty gained 23.05 points or 0.13 per cent to end at 18,267.25.

Sensex ends in green after 3 days; RIL, IT stocks spurt

Sensex ends in green after 3 days; RIL, IT stocks spurt

Rediff.com22 Nov 2022

Equity indices staged a pullback on Tuesday after three days of declines as investors scooped up IT, metal and consumption stocks amid a largely positive trend overseas. A recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex climbed 274.12 points or 0.45 per cent to settle at 61,418.96.

Markets fall for 3rd day; Sensex, Nifty decline nearly 1%

Markets fall for 3rd day; Sensex, Nifty decline nearly 1%

Rediff.com21 Nov 2022

Market benchmarks fell for third day running on Monday and ended nearly 1 per cent lower amid weak trend in global equities. The 30-share BSE Sensex declined 518.64 points or 0.84 per cent to settle at 61,144.84. During the day, it tumbled 604.15 points or 0.97 per cent to 61,059.33.

F1 PIX: Verstappen wins season-ending Abu Dhabi Grand Prix

F1 PIX: Verstappen wins season-ending Abu Dhabi Grand Prix

Rediff.com20 Nov 2022

Max Verstappen signed off on a dominant 2022 Formula One campaign with a record-extending 15th win of the year

Modi inaugurates Arunachal's first greenfield airport

Modi inaugurates Arunachal's first greenfield airport

Rediff.com19 Nov 2022

The airport located at Hollongi, around 15 kilometres from the state capital Itanagar, will link the border state with other Indian cities with commercial flights as well as other parts of Arunachal Pradesh through helicopter services.

Markets fall amid weak global equities; Sensex ends down 230 points

Markets fall amid weak global equities; Sensex ends down 230 points

Rediff.com17 Nov 2022

Equity benchmark indices ended lower on Thursday in line with weak global market trends. The 30-share BSE Sensex declined 230.12 points or 0.37 per cent to settle at 61,750.60. During the day, it fell 337.45 points or 0.54 per cent to 61,643.27.

India, US begin Yudh Abhyas mega military drill in Uttarakhand

India, US begin Yudh Abhyas mega military drill in Uttarakhand

Rediff.com15 Nov 2022

The armies of India and the US on Tuesday began an over two-week mega military exercise at a military facility in Uttarakhand with the aim of exchanging best practices and tactics in sync with growing defence ties between the two countries.

Sensex rises 248 points to close at lifetime high; Nifty above 18,400

Sensex rises 248 points to close at lifetime high; Nifty above 18,400

Rediff.com15 Nov 2022

Equity benchmark Sensex climbed 248 points to close at its all-time high on Tuesday, tracking unabated foreign capital inflows amid a positive trend in global markets. After a see-saw session, the 30-share BSE Sensex climbed 248.84 points or 0.40 per cent to settle at 61,872.99 -- surpassing its previous closing peak of 61,795.04 on November 11. During the day, the index witnessed a high of 61,955.96 and a low of 61,436.90.

Index heavyweights drag markets down in volaile trade

Index heavyweights drag markets down in volaile trade

Rediff.com14 Nov 2022

In a volatile trade, benchmark indices ended lower on Monday dragged down by index heavyweights ICICI Bank, ITC and Reliance Industries amid largely weak Asian markets. The 30-share BSE Sensex declined 170.89 points or 0.28 per cent to settle at 61,624.15. During the day, it hit a low of 61,572.03 and a high of 61,916.24.

SBI in talks with EIB for euro 200 mn green funding

SBI in talks with EIB for euro 200 mn green funding

Rediff.com14 Nov 2022

After securing a euro 150 million Credit line for solar energy finance from a German financial institution, State Bank of India is in talks with european Investment Bank for about euro 200 million to fund climate finance. Recently the country's largest lender obtained euro 150 million in green funding from German government-owned KFW on soft terms and a long repayment period. SBI will use funds to finance solar energy projects.

Why the British operations remain a drag on Tata Steel's performance

Why the British operations remain a drag on Tata Steel's performance

Rediff.com22 Feb 2023

Tata Steel has a very British problem. The performance of Europe dragged the steel major's October-December (Q3FY23) performance with the UK business accounting for a major part of the operating loss; on the bottom line, the overhang of the British Steel Pension Scheme (BSPS) showed. And a nearly three-year discussion with the UK government on a support package for a green transition resulted in an offer that fell short of the ask.

Sensex, Nifty close lower on selloff in power, metal stocks

Sensex, Nifty close lower on selloff in power, metal stocks

Rediff.com9 Nov 2022

Equity benchmarks Sensex and Nifty gave up early gains to close in the red on Wednesday after a selloff in power, metal and consumer durable stocks amid a weak trend in global equities. However, a rally in the rupee against the US dollar and unabated foreign capital inflows helped the indices restrict the losses, traders said. In a largely range-bound session, the 30-share BSE Sensex ended 151.60 points or 0.25 per cent lower at 61,033.55.

Sensex revisits 61K on gains in auto, energy stocks

Sensex revisits 61K on gains in auto, energy stocks

Rediff.com7 Nov 2022

Equity benchmark Sensex climbed over 230 points to reclaim the 61,000-mark on Monday, propelled by robust buying in auto, energy and metal stocks amid a firm trend in global equities. A strong rupee against the US dollar and persistent foreign capital inflows also supported the domestic equities, traders said. In a highly volatile session, the 30-share BSE Sensex ended 234.79 points or 0.39 per cent higher at 61,185.15. The index witnessed a high of 61,401.54 and a low of 60,714.36 during the session.

Ukraine Prepares For Bitter Winter

Ukraine Prepares For Bitter Winter

Rediff.com4 Nov 2022

Electricity and heating outages across Ukraine caused by Russian missile and drone strikes to energy infrastructure have added urgency to the Ukrainian preparations for winter.

Markets fall for 2nd day amid weak global trends

Markets fall for 2nd day amid weak global trends

Rediff.com3 Nov 2022

Benchmark indices finished on a weak note on Thursday, extending their previous day's decline amid a negative trend in global equity markets after the US Fed hiked interest rates by 75 basis points. The 30-share BSE Sensex declined 69.68 points or 0.11 per cent to settle at 60,836.41. During the day, it tanked 420.95 points or 0.69 per cent to 60,485.14.

M-cap of BSE-listed firms at all-time high of Rs 288.50 lakh crore

M-cap of BSE-listed firms at all-time high of Rs 288.50 lakh crore

Rediff.com30 Nov 2022

The market capitalisation of BSE-listed firms reached an all-time high of Rs 288.50 lakh crore on Wednesday amid an ongoing rally in equities, as the benchmark Sensex settled above 63,000-level for the first time ever. The 30-share BSE barometer climbed 417.81 points or 0.67 per cent to settle at 63,099.65, its fresh record closing high. During the day, the benchmark jumped 621.17 points or 0.99 per cent to 63,303.01, its lifetime intra-day peak. Extending its winning momentum to seventh day, the Sensex has rallied 1,954.81 points or 3.19 per cent during this time.

Sensex climbs 375 points amid firm global markets

Sensex climbs 375 points amid firm global markets

Rediff.com1 Nov 2022

Benchmark indices maintained their winning momentum for the fourth day running on Tuesday, helped by a rally in Asian and European markets and continuous foreign fund inflows. The 30-share BSE Sensex climbed 374.76 points or 0.62 per cent to settle at 61,121.35. During the day, it jumped 543.14 points or 0.89 per cent to 61,289.73.

Reliance drives Sensex by over 200 points

Reliance drives Sensex by over 200 points

Rediff.com28 Oct 2022

Equity benchmarks ended higher on Friday helped by buying in index major Reliance Industries along with fresh foreign fund inflows. Extending its previous day's rally, the 30-share BSE benchmark climbed 203.01 points or 0.34 per cent to settle at 59,959.85. During the day, it jumped 376.33 points or 0.62 per cent to 60,133.17.

Sensex climbs 212 points; metal stocks sparkle

Sensex climbs 212 points; metal stocks sparkle

Rediff.com27 Oct 2022

Equity benchmarks Sensex and Nifty settled on a positive note on Thursday, helped by buying in metal and realty stocks amid mixed global market trends. The 30-share BSE benchmark climbed 212.88 points or 0.36 per cent to settle at 59,756.84. During the day, it jumped 415.98 points or 0.69 per cent to 59,959.94. On similar lines, the broader NSE Nifty advanced 80.60 points or 0.46 per cent to end at 17,736.95.

The Coming Corporate Battles In 2023

The Coming Corporate Battles In 2023

Rediff.com11 Jan 2023

India Inc is gearing up for a slugfest this year and from tech to paints, new battlegrounds are emerging, observes Indrajit Gupta, co-founder, Founding Fuel.

US GP: Sainz on pole as F1 mourns Mateschitz's death

US GP: Sainz on pole as F1 mourns Mateschitz's death

Rediff.com23 Oct 2022

Carlos Sainz put Ferrari on pole position for the US Formula One Grand Prix in Austin, Texas, on Saturday, with Red Bull's double World champion Max Verstappen joining the Spaniard on the front row.

Kriti Goes For Gold, Rakul Gives A Nod To Flower Power

Kriti Goes For Gold, Rakul Gives A Nod To Flower Power

Rediff.com21 Oct 2022

All the celeb inspiration you need for Diwali.

Recovery in global markets pushes Sensex by 491 points

Recovery in global markets pushes Sensex by 491 points

Rediff.com17 Oct 2022

Benchmark stock indices Sensex and Nifty closed higher for a second straight session on Monday following buying in index majors Reliance Industries, ICICI Bank and recovery in global markets.

Infosys, banking stocks boost markets; Sensex rises 685 points

Infosys, banking stocks boost markets; Sensex rises 685 points

Rediff.com14 Oct 2022

Equity benchmarks Sensex and Nifty ended over 1 per cent higher on Friday, helped by heavy buying in Infosys and banking stocks amid a rally in global stock markets. The 30-share BSE Sensex jumped 684.64 points or 1.20 per cent to settle at 57,919.97. During the day, it rallied 1,199.79 points or 2.09 per cent to 58,435.12.

Markets rebound nearly 1%, Sensex ends up 479 points

Markets rebound nearly 1%, Sensex ends up 479 points

Rediff.com12 Oct 2022

Benchmark indices Sensex and Nifty rebounded nearly 1 per cent on Wednesday, snapping their three-day losing run following gains in banking, power and IT shares amid positive trends in European markets. The 30-share BSE barometer climbed 478.59 points or 0.84 per cent to settle at 57,625.91. During the day, it jumped 540.32 points or 0.94 per cent to 57,687.64.

US comfortable with India buying oil from Russia: Biden aide

US comfortable with India buying oil from Russia: Biden aide

Rediff.com17 Feb 2023

By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering the policy of G7 and Washington is "comfortable" with New Delhi over its approach in addressing issues relating to energy security, a top Biden administration official said.

Does Russian Brutality Surprise Anymore?

Does Russian Brutality Surprise Anymore?

Rediff.com2 Dec 2022

The bodies were found with their hands tied, blindfolded and shot at close range in the back of the head.

BSE, NSE end marginally lower amid weak global cues

BSE, NSE end marginally lower amid weak global cues

Rediff.com7 Oct 2022

Benchmark indices Sensex and Nifty closed marginally down in a volatile trade on Friday following profit booking in financials and IT shares amid a weak trend in global equity markets. Snapping its two-day gaining streak, the 30-share BSE Sensex declined 30.81 points or 0.05 per cent to settle at 58,191.29. During the day, it fell 370.95 points or 0.63 per cent to 57,851.15.

China refutes reports on attacks against India's power grid

China refutes reports on attacks against India's power grid

Rediff.com1 Mar 2021

Speaking at a press briefing, Chinese foreign ministry spokesperson Wang Wenbin said, "As a staunch defender of cyber security, China firmly opposes and cracks down on all forms of cyber attacks."

Investors' wealth rises Rs 5.66 lakh crore as equity markets rebound

Investors' wealth rises Rs 5.66 lakh crore as equity markets rebound

Rediff.com4 Oct 2022

Equity investors became richer by Rs 5.66 lakh crore as markets bounced back sharply on Tuesday following a recovery in global equities. The 30-share BSE Sensex jumped 1,276.66 points or 2.25 per cent to settle at 58,065.47 points. During the day, it zoomed 1,311.13 points or 2.30 per cent to 58,099.94 points. The market capitalisation of BSE-listed firms climbed Rs 566,318.84 crore to Rs 273,92,739.78 crore.

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