.
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
Rohtak The second convocation ceremony of Dada Lakhmi Chand State University of Performing and…
Rotarian and financial expert Nitin Kapur has authored ‘Gullak – Practical Mantras for Financial Planning,’…
Corrugated box manufacturers in India have expressed serious concern over rising costs, calling it an…
In a heartfelt celebration of resilience, courage and silent achievement, the ‘Ageless Women Soirée’ brought…
BJP leader Akshay Sharma flags off free pilgrimage from Ward 62 to Khatu Shyam and…
On the occasion of International Noise Awareness Day, an awareness campaign titled “Dhwani The Peace”…