The fall in the indices came after HDFC Bank launched a probe into its auto lending practices following allegations against the conduct of a retired, long-time executive
The S&P BSE Sensex and the NSE Nifty 50 Index each rose 0.9% as of 12:11pm in Mumbai. Both gauges are set for their fifth day of gains and longest winning streak since 4 November.
Forex traders said positive start of domestic stocks and improved market sentiments with countries gradually lifting lockdowns supported the local unit.
Markets went into selloff mode as winding up of a few debt schemes by Franklin Templeton added to the selling pressure witnessed in banks and NBFC stocks.
Every influencer is selling a course, a podcast, or a protein powder on how to upgrade from Nice Guy to Alpha. Nice is needy. All his kindness is a loan that you never signed up for.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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