"However, we are not surprised with the day’s fall as this was broadly expected as benchmark indices had been marking fresh highs for last couple of days, which made valuations quite stretched," he said. … [Read more...] about Sensex tumbles 549 points; Nifty drops below 14,450
Bajaj finance
Nifty ends below 14,450 dragged by financials
Sensex managed to hold on to the 49,000 mark despite falling 550 points. Nifty fell 1.11% at 14,433. All sectoral indices were in the negative zone, with banks, IT and pharma worst hit. At close, Nifty bank index traded lower at Rs 32,246 down by -0.84%, while BSE Bankex ended at 36,540 down by -0.99%.Amongst the top losers were- PNB at Rs 35 (-2.85), followed by ICICI bank at Rs 543 (-1.86), Kotak Mahindra at Rs 1863 (-1.52), Bank of Baroda at Rs (-1.38%), SBI at Rs 303 (-1.11%), Induslnd Bank at Rs 965 (-0.38%), Axis bank at Rs 674 (-0.17%). IDFC first Bank traded in the green adding 4.76% at Rs 48.Nifty Financial Services ended at 15,453 down by 1%. Amongst the top losers were HDFC at Rs 2,632 down by -1.91% followed by Indiabulls hsg at Rs 230 (-1.03%), Cholamandalam at Rs 424 (-0.48%). Bajaj Finance and Power Finance traded green adding 0.13% and 0.41% respectively.Other key takeawaysEconomic recovery likely to boost gold demand in India this year: WGCGold demand appears to be … [Read more...] about Nifty ends below 14,450 dragged by financials
Farmers’ Protest: 9th round of govt-farmer talks concludes, next meet on Jan 19
Bhartiya Kisan Union (Ekta Ugrahan) Joginder Singh Ugrahan said, "We are going to hold talks with the government on Friday. We don't have much hope from the Friday meeting as the government will cite the SC-appointed panel. The government doesn't have good intention to resolve our issues." … [Read more...] about Farmers’ Protest: 9th round of govt-farmer talks concludes, next meet on Jan 19
Bengaluru flags off 6-km metro line from Yelachanahalli to Anjanapura; Service begins today
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Explained: What is the Status of Avian Influenza in India
In Haryana, samples from four poultry farms have been confirmed to be positive for avian influenza (H5N8). The farms are: Maharaja poultry farm in Khatauli; Tara poultry farm, Batour and Singla poultry farm in Mauli village of Panchkula district of Haryana. … [Read more...] about Explained: What is the Status of Avian Influenza in India