At 9:15 AM, the S&P BSE Sensex is trading at 25,592 down 182 points, while NSE Nifty is trading at 7,827 down 64 points.
At 9:15 AM, the S&P BSE Sensex is trading at 25,592 down 182 points, while NSE Nifty is trading at 7,827 down 64 points.
The Indian rupee opened lower by 8 paise at 66.95/$ against US Dollar on Wednesday as against the previous close of 66.87/$. The rupee hit 2-month on persistent dollar demand from banks and importers on the back of higher greenback in the overseas market.
JSW Steel, PTC India and PNB are among the companies which will announce their numbers today. Global cues are weak. US stock indices ended lower on Tuesday, with the technology shares leading the fall, after Federal Reserve officials indicated that interest rates could be raised as early as June. Wall Street is likely to witness more swings on Wednesday when the April FOMC meeting minutes are released. The Dow Jones Industrial Average tumbled 180.73 points, or 1%, to end at 17,529.98. The S&P 500 index fell by 19.45 points, or 0.9%, to close at 2,047.21, with nine of the 10 main sectors finishing lower. The Nasdaq Composite index declined 59.73 points, or 1.3%, to settle at 4,715.73.
West Texas Intermediate (WTI) crude oil rose by 1.2% to settle at US$48.31 a barrel. Crude oil had jumped by more than 3% on Monday.
As part of an immediate relief kit to the farmers and rural population suffering an oppressive drought, the government should take the load of their bank loan repayments upon itself, besides reaching food grains to the affected areas at highly subsidized rates, ASSOCHAM President, Mr Sunil Kanoria said today.
Piramal Enterprises Ltd is reportedly planning to bring all his finance entities under one roof, including those of the Shriram Group, according to media reports.Report says that a merger will create one of the biggest financial services companies in India, with a presence in both institutional and retail business
The Tata group is set to launch its e-commerce venture on 27th May under the brand name, Tata CLiQ. The e-commerce platform will be housed under Tata Unistore, a Tata Industries incubated business venture.
Bajaj Auto Managing Director Rajiv Bajaj has reportedly criticized NCAP's stand on the safety rating for the Bajaj Qute, India's only quadricycle, reports a business daily.
At 9:15 AM, the S&P BSE Sensex is trading at 25,592 down 182 points, while NSE Nifty is trading at 7,827 down 64 points.The Indian rupee opened lower by 8 paise at 66.95/$ against US Dollar on Wednesday as against the previous close of 66.87/$. The rupee hit 2-month on persistent dollar demand from banks and importers on the back of higher greenback in the overseas market.
JSW Steel, PTC India and PNB are among the companies which will announce their numbers today. Global cues are weak. US stock indices ended lower on Tuesday, with the technology shares leading the fall, after Federal Reserve officials indicated that interest rates could be raised as early as June. Wall Street is likely to witness more swings on Wednesday when the April FOMC meeting minutes are released. The Dow Jones Industrial Average tumbled 180.73 points, or 1%, to end at 17,529.98. The S&P 500 index fell by 19.45 points, or 0.9%, to close at 2,047.21, with nine of the 10 main sectors finishing lower. The Nasdaq Composite index declined 59.73 points, or 1.3%, to settle at 4,715.73.
West Texas Intermediate (WTI) crude oil rose by 1.2% to settle at US$48.31 a barrel. Crude oil had jumped by more than 3% on Monday.
As part of an immediate relief kit to the farmers and rural population suffering an oppressive drought, the government should take the load of their bank loan repayments upon itself, besides reaching food grains to the affected areas at highly subsidized rates, ASSOCHAM President, Mr Sunil Kanoria said today.
Piramal Enterprises Ltd is reportedly planning to bring all his finance entities under one roof, including those of the Shriram Group, according to media reports.Report says that a merger will create one of the biggest financial services companies in India, with a presence in both institutional and retail business
The Tata group is set to launch its e-commerce venture on 27th May under the brand name, Tata CLiQ. The e-commerce platform will be housed under Tata Unistore, a Tata Industries incubated business venture.
Bajaj Auto Managing Director Rajiv Bajaj has reportedly criticized NCAP's stand on the safety rating for the Bajaj Qute, India's only quadricycle, reports a business daily.
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