Sensex crashes over 1,000 points, Nifty plunges 314 points on lockdown extension, mega economic package; bank, auto stocks worst-hit
Fp Staff • 5 years agoThe Sensex ended 1,068.75 points or 3.44 percent lower at 30,028.98, while the broader NSE Nifty plunged 313.60 points or 3.43 percent to 8,823.25.
Markets end on flat note: Sensex erases early gains after a choppy session, Nifty slips; M&M top loser
Fp Staff • 5 years agoSensex ended marginally lower after a choppy session on Friday as investors weighed the fiscal impact of the government''s economic stimulus.
Markets open flat: Sensex, Nifty subdued as economic package fails to enthuse; Rupee high in early trade
Fp Staff • 5 years agoSensex dropped over 200 points in opening session on Friday tracking losses in index heavyweights HDFC Bank, ICICI Bank and Reliance Industries amid weak domestic investor sentiment.
Stock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers
Fp Staff • 5 years agoStock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers
Telcos seek Rs 35k cr GST refund, pending payment of Rs 20k cr from state-run firms
• 5 years ago"The telecom industry has unutilized GST input tax credit over Rs 35,000 crore for which the sector has repeatedly demanded a refund," COAI Director General Rajan S Mathews said in a statement.
Govt's stimulus package 'heavy hitter' to propel MSME sector; delivery of credit will be key, say tech firms
• 5 years agoFinance Minister Nirmala Sitharaman announced the creation of a fund of funds for MSMEs, which will infuse Rs 50,000 crore equity in units that have growth potential.
Rupee rises by 5 paise to close at 75.46; Rs 20-lakh cr economic stimulus package bolsters investor sentiment
• 5 years agoThe rupee appreciated by 5 paise to 75.46 against the US dollar on Wednesday as a fiscal stimulus by the government bolstered investor sentiment
Stimulus package will bring in much needed relief to stressed sectors: TVS Motor Co chairman Venu Srinivasan
• 5 years agoTVS Motor Company Chairman and noted industrialist Venu Srinivasan on Wednesday said the government's financial package of Rs 20 lakh crore to revive the economy would bring in much needed relief to several stressed sectors and industries
Miners' body hopes Rs 20-lakh cr stimulus package will be used for giving relief to 'highly taxed' mining sector
• 5 years agoMiners' body FIMI on Wednesday hailed the Rs 20 lakh crore special economic package, expressing hope that the stimulus will also be used to give relief to "highly taxed and struggling" mining sector
Rupee rises 21 paise to 75.30 in early trade; Narendra Modi's Rs 20-lakh cr economic stimulus package enthuses investors
• 5 years agoThe rupee appreciated 21 paise to 75.30 against the US dollar in early trade on Wednesday as Prime Minister Narendra Modi's Rs 20 lakh crore economic stimulus package enthused investors