NEW DELHI: The Central Bureau of Investigation (CBI) on Thursday conducted nationwide searches of 100 locations in suspected Bank fraud cases of more than 3.7 billion rupees, authorities said. The coordinated search operation spanned 11 states and belonged to 30 FIRs related to bank fraud, they said. “These searches are …
Read More »LIVE MARKET: Indices Hold Near Record; Sensex earns 300 points
LIVE updates: Indian markets parked near their new record, scaled in early deals Monday amid positive global signals after US President Donald Trump signed a $ 2.3 trillion aid and spending bill pandemic. Additionally, the UK’s historic trade deal with the European Union also helped investor confidence. Among the major …
Read More »LIVE MARKET: Record Indices; Sensex rises 200 points, Nifty exceeds 13,600
Indian markets climbed to new record highs on Wednesday, following strong gains in Asian indices. The S&P BSE Sensex rose 240 points, or 0.5 percent, to 46,500 levels. The index reached an intraday high of 46,592. Meanwhile, the wider Nifty50 topped the 13,650 mark. Mahindra & Mahindra was up 3 …
Read More »MARKET WRAP: Sensex Finishes 139 Points Higher in Volatile Trades; ONGC earns 5.5%
(Photo: Kamlesh Pednekar) The domestic stock market ended Friday’s volatile session on a positive note amid healthy purchases in financial stocks, oil and gas, metals and consumer goods. The benchmark S&P BSE Sensex index ended at 46,099, an increase of 139 points or 0.3 percent, while the NSE NIFty ended …
Read More »LIVE MARKET: Sensex down 200 points, Nifty below 13,500; IRCTC drops 15%
LIVE market updates: Indian markets fell half a percent in Thursday’s opening trade on weak global signals. Among the major indices, the S&P BSE Sensex fell 200 points, or 0.5 percent, to 45,870 levels, giving away the 46,000 mark it had reached in the previous session. The broader Nifty50 index …
Read More »LIVE MARKET: Sensex, Nifty on record; small-cap companies exceed
LIVE market updates: The benchmark indices, which rose half a percent, hovered around their all-time highs in midday trading Monday. The S&P BSE Sensex was trading 210 points, or 0.5 percent higher at 45,290 levels. The index reached an intraday high of 45.349, also its all-time high. The Nifty50 index …
Read More »LIVE MARKET: Indices record new highs, Sensex rises 150 pts; IRCTC earns 8%
LIVE market updates: Indian markets climbed to their new all-time highs despite trading poorly in early trading on Monday on a mixed set of global signals. The S&P BSE Sensex gained 150 points, or 0.3 percent, at 45,216 levels and the Nifty50 index surpassed the 13,300 mark. ONGC (up 3%) …
Read More »LIVE MARKET: Indices lower earnings, Sensex exceeds 44k; HDFC, SBI top drags
BSE-1 (Photo credit: Kamlesh Pednekar) Indian markets trimmed all gains and were unchanged in early trading Monday, largely dragged down by finance. Among the major indices, the S&P BSE Sensex hovered around 43,880 levels. The index had risen to 44,271, earlier in the day. The Nifty50 index also lost 12,950. …
Read More »Election vouchers worth ₹ 280 crore sold before the Bihar Assembly elections
Rs 130 million were sold at the SBI branch in Mumbai. Election bonds worth 282.29 million rupees were sold in October ahead of the Bihar Assembly elections, the State Bank of India said on Friday in response to a query on the right to information (RTI). The bank was responding …
Read More »SBI recovery trend shows tough battle for banks ahead
Indian banks are up for an uphill battle when it comes to recovering money from defaulters in a post-pandemic world. Look no further than the recent recovery of the country’s largest lender, State Bank of India (SBI). SBI recoveries and updates fell 21% year-over-year in the first half of fiscal …
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