Tag: share market
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PNB shares fell by 7% after fraud in DHFL account
(Juhi Aishwary, Journalist): The bank’s share price fell by almost 7 percent on Friday after Punjab National Bank reported the fraud to the NPA account of Dewan Housing Finance Limited (DHFL) to RBI. The stock on the NSE fell 6.73 percent to Rs 34.60 per share. It saw a further decline at 11:50 pm and was trading…
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Asian Paints supports PM Cares Fund through One Nation One Voice song
(Pooja Pal; Intern Journalist): New Delhi: During the Corona crisis, Asian Paints has once again demonstrated its solidarity and commitment to the nation. It has supported the PM Cares Fund by playing the lead sponsor in the recently launched song ‘One Nation One Voice – Jayatu Jayatu Bharatam’. This song was launched on Sunday 17…
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Stock market down, Sensex-Nifty falls due to RBI announcement
(Juhi Aishwary, Journalist): The announcements of Reserve Bank Governor Shaktikanta Das did not go down well with the stock market. Stock markets collapsed after the picture of the damage caused to the economy caused by the coronavirus epidemic. At around 10:45 am, the Sensex fell by nearly 400 points to near 30500, while the Nifty dropped by…
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Market opens on edge: Sensex rises 100
(Kajal Singh intern journalist): In pre-open trade, the market was visible with mixed signals, but the market has been successful in coming to the green mark at the time of opening.New Delhi: Today Asian markets are seeing a good boom and based on this, there was a hope of opening the Indian market at a…
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M-Cap: 8 of Sensex’s top 10 companies reduced market capitalization, TCS suffered the most.
The market capitalization of eight of the 10 largest companies in the country in terms of M-Cap decreased by Rs 2,50,825.28 crore last week. TCS, HDFC Bank, and HDFC suffered the most in terms of market-cap last week. Among the top 10 companies, only Reliance Industries Ltd and Bharti Airtel grew their market positions. Last week, Tata…
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ED files charge sheet against Yes Bank
(Juhi Aishwary, Intern Journalist) Mumbai: The ED on Wednesday filed a charge sheet against Yes Bank co-founder Rana Kapoor in a special court in Mumbai. The ED (Enforcement Directorate) alleges that Kapoor and his family members secured Rs 4,300 crore to issue large loans through their companies. Kapoor is also accused of receiving a bribe instead of debt…