.
New Delhi, April 25 (MondayMirror.com) Indian equity benchmarks extended their losses from the previous week and settled lower on Monday.
Market participants are worried about the rising inflation besides the likelihood of monetary policy tightening in the US.
Policy tightening, which essentially means rate hike, is a negative for the Indian market as investors typically prefer the US markets to accumulate higher returns.
On Monday, Sensex settled at 56,580 points, down 1.1 per cent, whereas Nifty was at 16,985 points, down 1.1 per cent.
Among the individual stocks, Coal India, BPCL, Tata Steel, SBI Life, and Hindalco were the top five gainers among the Nifty 50 companies, while Bajaj Auto, HDFC Bank, ICICI Bank, Axis Bank, and HDFC the top five losers, NSE data showed.
Source: IANS
An annual magazine covering the whole year of his podcasting journey, the second edition -…
Mohali: ISAAC Luxe, a premium medical aesthetics and wellness brand, has expanded its national presence…
Chandigarh: The youth wing of Misl Satluj, a prominent socio-political organisation, has raised concerns over…
Mumbai: Actress Amruta Khanvilkar will soon appear in a new Netflix web series titled Taskaree,…
Mumbai: Actress Manushi Chhillar recently took to YouTube to share a rare glimpse into her…
Chandigarh: Renowned children’s book authors and storytellers have come together for the Paper Trails Literary…