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Thursday
December 2022
4:50 AM IST
News Headlines
Mumbai City FC win 4-0 as Bengaluru FC’s misery deepens        Australia thrash undermanned England in first ODI        AIBEA decides to go ahead with Nov 19 bank strike, discussions with IBA & Managements fail        Erdogan announces extension of grain deal by 120 days        Musk hints at new chief for Twitter        PM to deliver opening address at 'No Money for Terror' event        Transparency, accountability are essence of governance in parliamentary democracy: Birla        Rajiv Gandhi assassination: Centre moves SC seeking review of its order on per-mature release of six convicts        Modi interacts with Biden, Sunak and Macron on sidelines of G20 summit        Rahul says only Congress can protect Constitution which is under constant attack from BJP        Centre misuses offices of Governors: Sitaram Yechury        Pollard announces IPL retirement, appointed as MI's batting coach        Twitter very slow in India: Elon Musk        Amazon plans to lay off 10,000 people in coming days: NYT        PM Modi arrives in Bali for G20 Summit and bilateral meetings with key world leaders        Kharge accuses BJP of divide and rule        CM Mamata Banerjee apologises for Bengal minister's remarks on President Murmu        Sharath Kamal to receive Khel Ratna on November 30        Top police official held in gang rape case        Biden says US will 'vigorously' compete with China        
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Business News
Sensex, Nifty nearly 1 pc on global recession fears
 
Mumbai, Jul 26 (PTI) Benchmark BSE Sensex and Nifty closed lower by nearly 1 per cent on Tuesday amid fresh foreign fund outflows and mixed global trends.

The 30-share BSE benchmark fell by 497.73 points or 0.89 per cent to settle at 55,268.49, extending its losses for second straight day. During the day, it tanked 562.79 points or 1 per cent to 55,203.43.

The broader NSE Nifty declined by 147.15 points or 0.88 per cent to 16,483.85.

Among Sensex constituents, Infosys, Axis Bank, Hindustan Unilever, Dr Reddy's Lab, Wipro, Kotak Mahindra Bank and Larsen & Toubro were the biggest laggards.

Bajaj Finserv, Bharti Airtel, Power Grid and Bajaj Finance were among the gainers.

The Fed's meeting commencing today, which is expected to maintain its aggressive rate hike of 75 bps (basis points), and recession fears, especially in western markets, weighed on market sentiment, said Vinod Nair, Head of Research at Geojit Financial Services.

"Even though the domestic market is showcasing strength, the spillover effect from the western market is inevitable," Nair added.

In Asia, markets in Tokyo ended marginally lower, while Shanghai, Seoul and Hong Kong settled higher.

Markets in Europe were trading mostly lower during mid-session deals. The US markets had ended on a mixed note on Monday.

Meanwhile, international oil benchmark Brent crude jumped 1.38 per cent to 106.6 per barrel.

Foreign institutional investors offloaded shares worth Rs 844.78 crore on Monday, as per exchange data.


AIBEA decides to go ahead with Nov 19 bank strike, discussions with IBA & Managements fail
Twitter very slow in India: Elon Musk
Amazon plans to lay off 10,000 people in coming days: NYT
Tripura to get tea auction centre
India indebted to former PM Manmohan Singh for economic reforms: Gadkari
Russia becomes India's top oil supplier in Oct
British PM Rishi Sunak committed to FTA with India, says Downing Street
India to press for collective efforts to deal with spillovers of actions by rich nations at G20: FM
Musk says Twitter verification being 'revamped'
Quality & Export define India and its Economy : Piyush Goyal
India Pak T20 match blockbuster creates new viewership record
Pakistan taken off from FATF's grey list; Myanmar in black list
Internet Freedom in India improves after 4 years of decline: Freedom House
India targeting Rs 35,000-crore exports of defence products by 2025: Rajnath
Rupee ends at 82.35 against USD
Sitharaman meets Japanese counterpart, discusses Indo-Pacific economic cooperation
Dhoni launches Droni, a Made-In-India camera drone
Ecosac launches biodegradable consumer products ‘Ecopath’
India, UK carrying out intensive discussions on FTA: MEA
World Bank slashes India's FY23 GDP growth forecast to 6.5 pc
KERALA NEWS
Top police official held in gang rape case
 Kozhikode: Police on Sunday arrested a Circle Inspector (station house officer) attached in Beypore  
Rain likely to occur many places in Kerala
Two killed as car plunged into well
Kerala CM greet Oommen Chandy on his 79th birthday
INTERNATIONAL NEWS
Erdogan announces extension of grain deal by 120 days
 Ankara: Turkish President Recep Tayyip Erdogan said on Thursday that the grain deal will be extended
Musk hints at new chief for Twitter
Modi interacts with Biden, Sunak and Macron on sidelines of G20 summit
PM Modi arrives in Bali for G20 Summit and bilateral meetings with key world leaders
NATIONAL NEWS
PM to deliver opening address at 'No Money for Terror' event
 New Delhi: Prime Minister Narendra Modi will deliver the inaugural address at the third 'No Money fo
Transparency, accountability are essence of governance in parliamentary democracy: Birla
Rahul says only Congress can protect Constitution which is under constant attack from BJP
Kharge accuses BJP of divide and rule
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