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Business Economy

Sensex drops 135.78 pts

Sensex drops 135.78 pts

Mumbai, Oct 30 (UNI) The equity market remained under pressure for the third straight session on Friday as the BSE Sensex dropped by 135.78 pts to settle at 39,614.07 on heavy selling in Telecom, Auto, Bankex, Finance and FMCG stocks amid weak Asian Market.
The Nifty of National Stock Exchange too declined by 28.40 pts at 11,642.40.
High volatility was witnessed during the day, as the Sensex opened in green rising by 30 pts at 39,779.82. It was surged by 239 pts to 39,988.25 days high.
Later, it was nosedived nearly 508 pts to 39,241.87, days low before closing at 39,614.07, sliding by 135.78 pts from its previous close.
The Sensex registered days high and low at 39,988.25 and 39,241.87 pts respectively.
The Nifty recorded days high and low at 11,748.95 and 11,535.45 pts respectively.
The sectoral indices that kept the market low were Telecom, Auto, Bankex, Finance and FMCG stocks. The scrips that fell were Bharti Airtel, Maruti Suzuki, Hind Unilever, Bajaj Finance and ICICI Bank, however, buying in Reliance industries, Nestle India, Sun Pharma, NTPC and Tata Steel restricted from further losses, broker informed.
The Mid Cap rose by 0.62 pc while Small Cap eased by 0.03 pc.
In 30 scrips, 13 advanced while 17 declined.
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Bharti AXA Life renewal premium income up 10 pc at Rs 594 cr in H1 FY21

Bharti AXA Life renewal premium income up 10 pc at Rs 594 cr in H1 FY21

30 Nov 2020 | 10:45 PM

New Delhi, Nov 30 (UNI) Leading private life insurer Bharti AXA Life Insurance said on Monday that the company registered 10 per cent growth in its renewal premium to Rs 594 core in the first half of the financial year 2020-21 from Rs 541 crore in the corresponding fiscal period a year ago.

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Ontario virtual biz mission to India begins

30 Nov 2020 | 10:21 PM

New Delhi/Ontario, Nov 30 (UNI) The Ontario government on Monday launched a virtual mission to India to continue to promote the province as a premier destination for international investment and create new opportunities for Ontario businesses.

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Sandeep Kataria, CEO, Bata India elevated as Global CEO – Bata Brands

30 Nov 2020 | 9:31 PM

Kolkata, Nov 30 (UNI) The Bata Shoe Organisation, one of the world’s leading manufacturers
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IBS Software & CargoAi announce partnership to boost air cargo revenue

30 Nov 2020 | 8:35 PM

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IIT Ropar organises 15th edition of IEEE International conference, ICIIS 2020

30 Nov 2020 | 7:33 PM

Ropar, Nov 30 (UNI) This week IIT Ropar saw a massive online gathering of internationally renowned experts and delegates from more than eight countries including Sri Lanka, USA, Italy, Denmark, Australia, Germany, Sweden and Japan for the 15th (IEEE) International Conference on Industrial and Information Systems (ICIIS) 2020, which was conducted in a virtual mode, for the first time in the last fifteen years of the history of the conference, during 26th – 28th November 2020.

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