The Press Editor

Benchmark indices Sensex and Nifty ended sharply lower on Thursday amid rising bond yields and a rebound in crude oil prices, reflecting heightened global macroeconomic risks. The 30-share BSE Sensex slumped 1,247.71 points or 1.67 per cent to settle at 73,580.54. During the day, the benchmark hit a high of 74,362.29 and a low of 73,563.92, gyrating 798.37 points. The 50-share NSE Nifty ended with a drop of 383.70 points or 1.64 per cent and closed the session at 23,063.10. Similarly, the broader market closed lower. While the BSE MidCap Select Index shed 584.33 points or 3.12 per cent, the…

Shares of FMCG company Elitecon International are locked in a 5 per cent upper circuit on a day when benchmark indices Sensex and Nifty tumbled over 1.50 per cent as crude oil prices surged above the USD 100 per barrel mark. Selling in banks and NBFC stocks, along with weak trends in global markets, also dented market sentiment. The 30-share BSE Sensex tanked 1,119.97 points to 73,708.28, and the 50-share NSE Nifty dropped 368.45 points to 23,078.35. Amid this weakness, the stock opened in the green at Rs 9.35, up from the previous close of Rs 9.14 on the BSE.…

Shares of Lord's Mark Industries Ltd, a diversified healthcare and technology-led group, are on investors' radar after the company shared details of reinvesting funds from the sale of equity shares to expand its medical device unit. The stock began the trading session in the red as benchmark indices Sensex and Nifty tumbled in early trade as crude oil prices surged above the USD 100 per barrel mark. The stock opened at Rs 95.30 on the BSE, down from the previous close of Rs 96.26. However, it later gained to touch an intraday high of Rs 97.25, up Rs 0.99, or…

Adani Group Chairman Gautam Adani has announced that his conglomerate would invest more than Rs 1 lakh crore in West Bengal by 2035. Adani today laid the foundation stone for the 2,000-bed super-speciality hospital, 'Adani Arogya Mandir', in Kolkata's New Town area with West Bengal Chief Minister Suvendu Adhikari. After laying the foundation, Adani said the group would spend Rs 4,000 crore on the multi-speciality 'Adani Arogya Mandir' and create 10,000 jobs.  Adani Arogya Mandir  The Adani Group will spend Rs 4,000 crore to build this super-speciality hospital. The project will create approximately 10,000 new jobs and employment opportunities, significantly…

Shares of PC Jeweller, one of the country's leading jewellery firms, traded close to the 52-week high even as benchmark indices Sensex and Nifty tumbled in early trade as crude oil prices surged above the USD 100 per barrel mark. Selling in banks and NBFC stocks, along with weak trends in global markets, also dented market sentiment. Despite this, the stock opened with a slight gain at Rs 14.50 against the previous close of Rs 14.49 on the BSE. The counter gained to touch the intraday high of Rs 14.64, representing a jump of Rs 0.16 or 1.10 per cent.…