The BSE’s 30-share Sensex climbed 930 points, or 1.34 per cent, to end at a new high of 70,514.2. It touched 70,602.89 for the first time during the intraday trades.
The existing legal framework in the country does not permit the direct listing of equity shares of companies incorporated in India on foreign stock exchanges.
The Lok Sabha elections are set to be held around April-May 2024, after which the government will present a full Budget in July 2024.
FII inflows and crude oil prices extending losses, however, helped the rupee restrict the fall, forex dealers said.
Modi asked people to make this Diwali about the hard work of 140 crore Indians.
Amazon India said that shopping by Prime members spiked 18 times in the first 24 hours of PEA (vs average daily purchase), which was the highest ever.
Hindalco fell over 2 per cent after India’s one of the largest aluminium and copper producers reported a fall of 40 per cent in its June quarter to Rs 24.54 lakh crore.
Most companies in India today, in whichever sphere they operate, are beefing up their IT capabilities. Banks have been compelled to do so as customers prefer transactions on the app or online.
The plane will operate flights from Bengaluru, Chennai, Delhi, Hyderabad and Mumbai, Air India said.
Food prices are still being seen as a risk to retail inflation. Consumer Food Price Index (CFPI) recorded an inflation rate of 6.61 per cent in October as against 6.62 per cent in September, which was revised up from 6.56 per cent.