Business

05

Mar

By The Press Editor

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Business

MCX gold rate falls below Rs 1.61 lakh per 10 gram, silver price drops by over Rs 16,000 from day’s high

Mumbai: Rates of precious metals in futures trade edged higher on Thursday, March 5, 2026, as investors moved toward safe-haven assets amid the US-Israel-Iran war. However, they witnessed profit booking and gave up early gains. The gold April 2 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 1,225 or 0.75 per cent at Rs 1,62,750 per 10 grams against the previous close of Rs 1,61,535. It later jumped to hit the high of Rs 1,63,142, a gain of Rs 1,617 or 1 per cent. However, it witnessed profit booking at higher levels and touched the…

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05

Mar

By The Press Editor

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Business

BSE shares jump 4% after SEBI’s approval to launch derivatives for Sensex Next 30 index

Mumbai: Shares of BSE Ltd jumped over 4 per cent on Thursday, March 5, 2026, after receiving approval from the Securities and Exchange Board of India (SEBI) to launch index derivatives on two new indices. The stock opened at Rs 2,710 against the previous close of Rs 2,626.90 on the National Stock Exchange (NSE). The counter later surged to touch the intraday high of Rs 2,735.50, a gain of 4.13 per cent from the last closing price. In between, it touched a low of Rs 2,656.30. Last seen, the stock was trading at Rs 2,729.30 with a gain of 3.90…

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05

Mar

By The Press Editor

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Business

Market Opening Bell: Sensex jumps 414 points, Nifty above 25,600, Adani Ports top gainer

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, bounced back on Thursday, March 5, 2026, amid positive global cues. While the 30-share BSE Sensex surged 414.29 points to start the session at 79,530.48, the Nifty added 135.45 points to open at 24,615.95. In the last trading session, the Sensex closed at 79,116.19 and the Nifty 50 at 24,480.50. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index jumped 181.76 points, or 1.13 per cent, in the early trading session, the BSE Smallcap Select Index was up by 67.61 points or…

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05

Mar

By The Press Editor

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Business

Omnitech Engineering IPO listing LIVE: Shares to debut on bourses today, check GMP

Mumbai: Shares of Omnitech Engineering Ltd, a manufacturer of precision-engineered components, are set to debut on the bourses on Thursday, March 6, 2026. Earlier, the Rs 583-crore initial public offer (IPO) attracted bids for 2,16,31,632 shares against 1,89,09,890 shares on offer, according to data available with the NSE. The category meant for Qualified Institutional Buyers (QIBs) witnessed strong demand, attracting 2.86 times subscription. The portion reserved for non-institutional investors received 73 per cent subscription, while the Retail Individual Investors (RIIs) quota was subscribed to 33 per cent. Ahead of the IPO, the company had raised over Rs 174 crore from…

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04

Mar

By The Press Editor

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Business

Faridabad to Jewar Airport in just 20 minutes: 31km greenfield expressway to boost connectivity, check details

Noida: Reaching Noida International Airport, also known as Jewar Airport, from Faridabad will soon become significantly easier. A 31-kilometre-long, six-lane Greenfield Expressway is being rapidly constructed to connect Smart City Faridabad with the airport. Once completed, the travel time between Faridabad and Jewar is expected to reduce to just 15–20 minutes. The expressway is being developed as a six-lane corridor, expandable to eight lanes in the future. It will directly connect Faridabad’s industrial area to the airport, improving regional connectivity. The project will begin at the Delhi-Mumbai Expressway Link Road (Sector 65) in Faridabad and terminate at Dayanatpur village near…

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04

Mar

By The Press Editor

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Business

HDFC Bank customers alert: UPI-based ATM withdrawal rules set to be changed from April 2026 – Details

New Delhi: The country’s largest private sector lender, HDFC Bank, has announced an important change regarding Unified Payments Interface (UPI)-based cash withdrawals at its ATMs. As per the latest update, cash withdrawals made using UPI at HDFC Bank ATMs will now be included in the customer’s monthly free ATM transaction limit. Once the free limit is exhausted, UPI-based withdrawals will attract the same charges applicable to regular ATM transactions. New Rule Effective from April 1, 2026 The revised rule will come into effect from April 1, 2026. From this date, UPI cash withdrawals at HDFC Bank ATMs will be treated…

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04

Mar

By The Press Editor

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Business

Defence stock trades in green amid bloodbath on Dalal street, check share price and other details

Mumbai: Shares of Apollo Micro Systems, a leading technology-driven firm in the aerospace, defence, and homeland security sectors, traded in green on Wednesday even as benchmark equity indices Sensex and Nifty tumbled in early trade, tracking a bearish trend in Asian markets, as the conflict in West Asia widened, driving oil prices higher. The stock opened in the red at Rs 213.95 against the previous close of Rs 214.15 on the BSE. It later fell further to touch the intraday low of Rs 202.5, a drop of 5.44 per cent from the last closing price. However, it rebounded to touch…

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04

Mar

By The Press Editor

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Business

Gold gains on MCX, silver too jumps amid ongoing US-Iran war | Check city-wise rates

Mumbai: Rates of precious metals in futures trade edged higher on Wednesday, March 4, 2026, as the conflict in West Asia widened. The gold April 2 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 2,157 or 1.33 per cent at Rs 1,63,265 per 10 grams against the previous close of Rs 1,61,108. It later jumped to hit the high of Rs 1,63,800, a gain of Rs 2,692 or 1.67 per cent.   On the MCX, the yellow metal futures for June 2026 were up by Rs 1,987 or 1.20 per cent to trade at Rs 1,67,200…

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04

Mar

By The Press Editor

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Business

Holi-to-Holi multibagger: This stock has given 217.92% return in 1 year, check full details

Mumbai: Several stocks have delivered multibagger returns despite market volatility over the past year. But there are a few that have given over 200 per cent return from last Holi. One such stock is Spice Lounge Food Works. According to BSE Analytics, the stock has given a return of 217.92 per cent in one year. Last year, Holi was on March 14, and therefore, it has given a return of around 200 per cent from the last festival to this one. In two years and three years, the scrip has gained 631.22 per cent and 608.75 respectively. In five years,…

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04

Mar

By The Press Editor

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Business

Bank holiday today: Banks in these cities to remain closed for Holi, Dhuleti, Dol Jatra – Check RBI list

New Delhi: People across India are celebrating Holi today, and many customers may assume that banks will remain closed in their cities. However, bank closures vary by region. Some banks were closed yesterday, March 3, 2026, and are open today. In certain cities, banks will remain closed on both days due to Holi-related celebrations. According to the Reserve Bank of India (RBI) holiday list, banks are closed on Wednesday, March 4, 2026, on account of Holi (2nd Day), Dhuleti, Dol Jatra, and Yaosang 2nd Day. RBI Bank Holiday List: Cities in which banks will remain closed on March 4 Banks…

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