Business & Finance

Indian Stock Market: Sensex, Nifty Recover From Early Losses In Volatile Trade

Stock market

 IT Stocks Support Market While Financials Drag, Nifty IT Rises Nearly 1% Oil & Gas Stocks Like ONGC & Oil India Surge, Tracking Higher Crude Prices Metal Stocks Rebound On China Easing COVID Rules.

 New Delhi: Indian equity benchmarks on Tuesday settled higher in volatile trade, extending their winning run for the fourth straight session. The domestic indices reversed their early session losses as Asian stocks turned positive after China slashed the Covid-19 quarantine time for inbound travelers by half. Quarantine at centralized facilities in Beijing has been reduced to seven days from 14.

However, a rise in crude oil prices after last week’s rout, fanning inflation worries, kept gains in check. Brent crude futures climbed $1.77, or 1.54 percent, to $116.86.

Mid- and small-cap shares closed on a mixed note as Nifty Midcap 100 climbed 0.29 percent lower and small-cap shed 0.34 percent.

 IT Stocks Support Market While Financials Drag, Nifty IT Rises Nearly 1% Oil & Gas Stocks Like ONGC & Oil India Surge, Tracking Higher Crude Prices Metal Stocks Rebound On China Easing COVID Rules.

Hindalco surged  4% M&M Continues The Gaining Momentum, Stock Closes At A Record High Fall In Titan Continues.

 

Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.
Some error occurred

Related posts

HW Exclusive News Politics

HW Exclusive: Retired Police Association Writes To Uddhav Requesting To Field Former Mumbai Top Cop In LS Polls

Zaina Afzal Kutty

The Retired Police Association has requested the nomination of retired Police commissioner Sanjay Pandey for the upcoming Lok Sabha elections. The letter, exclusively accessed by HW News English and addressed to Uddhav Thackeray, stated that amid the election buzz and various political parties naming their candidates, the association seeks Sanjay Pandey’s candidacy from the Mumbai South central constituency in the Shiv Sena (Uddhav Balasaheb Thackeray) party.

Also Read: SC Dismisses SBI’s Plea For Extension Of Time In Electoral Bonds Case

The letter highlighted the police’s responsibility for maintaining safety and law and order, yet no one represents their interests or raises concerns. Hence, with the 2024 Lok Sabha elections approaching, the association proposed Sanjay Pandey as their representative, and he accepted the offer.
The letter also mentioned that Mr Pandey served in the South Mumbai constituency and was highly regarded by the local populace during his tenure. Therefore, the association believes his nomination would benefit the party due to his popularity.

The association’s president assured the UBT leader that if Sanjay Pandey’s candidacy is confirmed, thousands of retired police personnel would support his campaign by setting up stands in the South Central Mumbai constituency. The letter concluded with an earnest request to Uddhav Thackeray to consider Pandey’s nomination.

Related posts

News Hub