Monday, Jun 1 2020 | Time 08:07 Hrs(IST)
  • SpaceX Nasa Mission - Astronauts on historic mission enter space station
  • NHL plans to test players for COVID-19 daily if games resume
  • John Deere Classic golf tournament canceled due to COVID-19 restrictions
  • PM praises farmer from Nashik for building sanitation machine to combat coronavirus
  • Thane civic employee death - Union demands Rs 1 cr compensation, action on erring officials
  • Israel's Maccabi Tel Aviv announces departure of former NBA player Nate Wolters
  • Thousands gather for peaceful protest in US capital ahead of planned curfew
  • Ecuador midfielder Cazares tests positive for COVID-19
  • Tropical storm Amanda kills 11 in El Salvador
  • US Texas governor declares state of disaster following violent protests
  • Chicago braces for more chaos
  • Protests over killing of African American held in Dublin
  • Japan hit by 5 3-magnitude quake, no tsunami warning issued
  • More than 500,000 coronavirus cases now confirmed in Brazil
  • London police arrest 23 people during gathering in solidarity with George Floyd protests
Business Economy

Sensex goes down 425.14 pts during week

Sensex goes down 425.14 pts  during week

Mumbai, May 23 (UNI) The India's equity market continued to be under pressure during the entire week, as the Bombay Stock Exchange(BSE) Sensex registered a drop of 425.14 points or 1.37 pc to settle at 30,672.59 amid high volatility.

Besides the rising number of Coronavirus cases throughout the world, investor sentiment suffered due to deterioration in relations between United States and China.

The latest round of rate cut's announced by the RBI and other steps to boost the Corona virus-hit economy doesn't seem to have aroused enthusiasm among investors.

The National Stock Exchange Nifty too slipped by 97.60 points or 1.07 pc to settle at 9,039.25.

The BSE Mid-Cap fell by 230.30 points or 2 pc to settle at 11,270.02 whereas BSE Small-Cap declined registerd a fall of 164.63 points(1.54 per cent) to settle at 10,524.23 points.

On Monday, the Sensex tumbled down 1,068.75 points to settle at 30,028.98. Nifty too lost 313.60 points to settle at 8,823.25.

On Tuesday, due to momentum in other Asian markets amid optimism regarding a potential vaccine for the Corona virus, the sensex rose by 167.19 points to settle at 30,196.17.

Nifty gained 55.85 points to settle at 8,879.10.

On Wednesday, supported by firmness in HDFC twins and Reliance Industries. Sensex jumped 622.44 points to settle at 30,818.61. Nifty too gained 187.45 points to settle at 9,066.55.

On Thursday, extending its winning run for the third straight session. Sensex rose by 114.29 points to settle at 30,932.90. The Nifty 50 index rose 39.70 points to settle at 9,106.25.

On Friday, the Sensex and the Nifty ended lower, ending their three-day rising streak due to negative global cues. Sensex was down 260.31 points to settle at 30,672.59. Nifty too fell 67 points to settle at 9,039.25.


More News

Toyota Kirloskar Motor clocks 1639 units in May 2020, Resumes production in its plant in Bidadi

31 May 2020 | 8:08 PM

Kolkata, May 31 (UNI) Toyota Kirloskar Motor (TKM) on Sunday announced that the
company sold a total of 1639 units in the month of May 2020.

see more..

Kaveri Seeds sales up by 14 86 pc in FY-20

31 May 2020 | 3:02 PM

Hyderabad, May 31 (UNI) The Board of Directors of Kaveri Seeds Company Limited approved the financial results for the quarter ended May 31, 2020 at its meeting held in Secunderabad on Saturday.

see more..

IndiGrid to acquire Jhajjar KT Transco Private Limited from Kalpataru Power Transmission Limited and Techno Electric & Engineering Company Limited

30 May 2020 | 7:15 PM

Kolkata, May 30 (UNI) India Grid Trust (“IndiGrid”), India’s leading infrastructure investment trust, has announced the execution of SPA for acquisition of 100% stake in Jhajjar KT Transco Private Limited (“JKTPL”) from Kalpataru Power Transmission Limited (“KPTL”) and Techno Electric & Engineering Company Ltd (“TEECL”).

see more..
PFC to provide PPE kits, ambulances to Uttarakhand govt in its fight against Covid-19

PFC to provide PPE kits, ambulances to Uttarakhand govt in its fight against Covid-19

30 May 2020 | 4:43 PM

New Delhi, May 30 (UNI) Power Finance Corporation Ltd (PFC) , the central PSU under Ministry of Power and India's leading NBFC, has come forward to provide financial assistance of Rs 1.23 crore to the Uttarakhand Government to fight the COVID-19 pandemic.

see more..

Production of Natural Rubber rises to 7 12 lakh tonnes in India

30 May 2020 | 1:27 PM

Kottayam, May 30 (UNI) The production of natural rubber in the country rose to 7.12 lakh tonnes, registering a growth rate of 9.4 per cent during 2019-2020.

see more..