Rate-sensitive sectors faced pressure, contributing to broader market underperformance, led by FIIs selling. Foreign institutional investors sold (net) equities worth Rs 1,879 crore on Wednesday.
Domestic equity market fell sharply on Wednesday with the benchmark indices BSE Sensex and NSE Nifty50 crashing more than 1% each due to weak global cues, and selling in Reliance Industries Ltd and bank stocks.
The selling pressure was more severe in the mid-cap and the small-cap pack and in total investors lost ₹6 lakh crore in a single session as the m-cap of all BSE listed companies came down to 385.97 lakh crore.
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Mind Over Matter
What exactly is the mind? It is a subtle piece of equipment fitted within the gross body.
More violence in Manipur district, police post, forest office burnt down
THE miscreants burned down a police outpost, a forest beat office and a forest range office in ethnic violence-hit Manipur's Jiribam district in the wee hours of Saturday.
Shah rules out Fadnavis resignation
Not running away, says Maha Deputy CM days after offering to quit following poll debacle
Sonia re-elected as Parliamentary Party chief, slams PM Cong
DAYS after its impressive performance in Lok Sabha elections, the Congress on Saturday unanimously re-elected former party president Sonia Gandhi as the chairperson of the Congress parliamentary party.
Have patience for 2 more days to know about CM, says Samal
AS the question lingers over who will be the new chief minister of Odisha, state BJP chief Manmohan Samal on Saturday added to the suspense by not divulging anything on the composition of the first saffron party government.
3 killed, 6 injured as fire breaks out in Narela food factory
AT least three workers were killed and six, including two teenagers, critically injured after a massive fire broke out at a food processing unit in Narela on Saturday.
CONGRESS ASKS RAHUL TO BE LEADER OF OPPN IN LS
THE Congress Working Committee (CWC) on Saturday passed a resolution requesting former party chief Rahul Gandhi to take up the post of the Leader of Opposition (LOP) in the Lok Sabha. Sources said several leaders pitched for Rahul as the right person to lead the party in Parliament.
Heavyweights of BJP may stay in the new ministry
Induction in phases, speculation over berths for allies as Team Modi to take oath today
The Imprint of Climate Change on Art
Climate change is a global crisis having profound social, economic and environmental impact all over the world. The increasing number of natural disasters in the last decades has been an eye-opener to the impending crisis.
Sanitation workers, rat-hole miners among special guests
WHEN Prime Minister-designate Narendra Modi and his council of ministers will be sworn in on Sunday evening, it won't be just foreign dignitaries and other VVIPs who will be in attendance.
