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Highest-weighted banking stocks on Nifty traded with strong momentum. ICICI Bank, SBI, HDFC Bank and Kotak Bank were four of the top contributors today. Nifty Bank hit a fresh lifetime high today rising 1200 ptsโดย ETMarkets
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Axis Bank was the top contributor in the surge as it jumped over 6% intraday post strong Q4 earnings. Other top contributors were ICICI Bank and SBI. The Nifty Bank index shot up by over 300 points at the closing.โดย ETMarkets
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From the Sensex pack, JSW Steel and Tata Steel were the top gainers, and rose 4% and 2.7%, respectively. Power Grid, Kotak Bank, UltraTech Cement, NTPC, and Bajaj Finance also ended with gains, while TCS, Tech Mahindra, Maruti, and Infosys closed with cuts.โดย ETMarkets
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Bharti Airtel, ITC, Infosys, SBI, Maruti, and Tata Motors were the top contributors to the Sensex. However, Reliance, Sun Pharma, HDFC Bank, and M&M put downward pressure on the index. RIL alone dragged the indices down by 127 points.โดย ETMarkets
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Infosys, HCL Tech, and TCS closed 0.6% to 1.2% lower, due to this IT index also fell 0.4% decline. Infosys forecasted annual revenue below expectations after falling short of March-quarter revenue estimates.โดย ETMarkets
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From the Sensex stocks, Nestle India, Titan, Axis Bank, NTPC, and Tata Motors were the top laggards, falling 2-3%. ITC, ICICI Bank, HDFC Bank, and Bajaj Finserv also declined. Infosys, L&T, and Airtel were the gainers.โดย ETMarkets
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Retail Sales rose 0.7% last month, as per the Census Bureau. Traders now anticipate 45 basis points of cuts this year, down from more than 160 bps expected at the start of the year.โดย ETMarkets
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Iran Saturday night launched a drone missile attack on Israel. This was in response to a suspected Israeli strike on its consulate in Damascus on April 1 in which seven Iranian Revolutionary Guard Corps personnel, including two generals, were killed.โดย ETMarkets
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A hotter-than-expected inflation data in the US has faded hopes that Fed would cut interest rates as early as June. Fed minutes also showed that officials had begun worrying that the current policy rate was not restrictive enough.โดย ETMarkets
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The top gainers were Apollo Hospitals, Hindalco, ICICI Bank, Infosys and Bajaj Finserv while the top losers were Titan Company, Hero MotoCorp, Coal India, Reliance Industries (RIL) and Asian Paints.โดย ETMarkets
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JSW Steel and Tata Steel were the top gainers and rose over 4% each. UltraTech Cement, NTPC, L&T, HDFC Bank, and Power Grid also closed with gains, while Titan, Nestle India, Bharti Airtel, and IndusInd Bank ended down todayโดย ETMarkets
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Financials rose after RBI relaxed norms brought in December, which mandated lenders should set aside higher provisions if they bought into alternative investment funds, that, in turn, invested in the lenders' borrowers.โดย ETMarkets
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From the Sensex pack, Power Grid, Bharti Airtel, Wipro, HDFC Bank, and Kotak were the top laggards, falling 1-2%. On the other hand, Bajaj Finance, NTPC, L&T, and Axis Bank closed with gains.โดย ETMarkets
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TCS emerged as the top Sensex loser and fell 4%. This dip comes after 0.6% of shares changed hands in a block deal. Other IT counters - HCL Tech, Wipro and Infosys - also ended with cuts, weighing on the index.โดย ETMarkets
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Indian markets closed in the green on Monday ahead of fed policy decisions due this week. The indices were led by auto, metal, and energy stocks. Sensex surged 105 points & ended at 72,748. While Nifty gained 32 points and closed at 22,055.โดย ETMarkets
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Small- and mid-cap stocks declined as stress test results of mutual funds trickled in. Sensex declined 454 points to settle at 72,643. Nifty dropped 123 points to end at 22,023.โดย ETMarkets
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The broader, more domestically-focussed small- and mid-caps, rose 3.4% and 1.8%, respectively. However, they logged their worst session in two years on Wednesday and have lost over 12% and 6.5%, respectively, from their record highs on February 8.โดย ETMarkets
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Sensex crashed about 1100 points intraday and went below the 73,000 mark while Nifty was under the 22,000 mark today. At the time of closing, Sensex recovered a bit but was still down 906 points. Nifty was down 338 pts. The market capitalisation of all BSE-listed stocks fell by Rs 14 lakh crore to Rs 372 lakh crore.…
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Among blue-chip stocks, HDFC Bank, TCS, Maruti, Infosys, and Reliance Industries were top gainers, rising to 2.3%. On the other hand, SBI, JSW Steel, ITC, NTPC, and Tata Motors closed in the red.โดย ETMarkets
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Tata Steel, Tata Motors, JSW Steel, and Bajaj Finserv were the top Sensex gainers, rising 2-4%. Bajaj Finance, Asian Paints, ITC, Nestle India and TCs also closed higher, while M&M, Reliance Industries, Axis Bank, and ICICI Bank closed lower.โดย ETMarkets
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From the Sensex pack, Kotak Bank, Bharti Airtel, and Axis Bank were the top gainers, rising over 2% each. Sun Pharma, M&M, and HCL Tech also closed higher, while UltraTech Cement, NTPC, Maruti, JSW Steel, and Power Grid closed in the red.โดย ETMarkets
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Captain Neikezhakuo Kenguruse, the only Maha Vir Chakra awardee from ASC, climbed barefoot in minus 10°C, shot two inflitrators and hacked two others to death in hand to hand combat before a torrent of bullets tossed him off of the cliff.โดย The Economic Times
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The battle that paved the way for India’s victory during the Kargil war was the one fought on the hill of Tololing. A strategic stronghold, Tololing turned the tide for the Indian Army.โดย The Economic Times
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On June 24, 1999, the Air Force sent out a pilot tasked with bombing Point 4388 in Kargil. But the pilot ended up aiming at a Pakistani military base in Gulteri. Fortunately, the flight systems were designed as one pilot had to go first and set the target and then another plane would follow that had the actual fireworks.…
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On a mission to take out Pakistani outposts, an Indian pilot was captured and tortured by the enemy. International pressure and backdoor diplomacy was the only way Flight Lieutenant Kambampati Nachiketa was returned to India.โดย The Economic Times
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An inhospitable graveyard at half the height of Everest. A death toll so high that the government had to include the cost of coffins in their budget. A victory painstakingly achieved, territory recaptured yard by yard. That was the Kargil conflict.โดย The Economic Times
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The high thrum of shelling reverberated in thin air as men of the Indian Army climbed a straight cliff of about 1000 ft, the last leg of a 16,700 feet height. An entire contingent of Pakistani Army was up there, responding in kind to the shelling from the Indian plains ahead. The game was afoot.โดย The Economic Times
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