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Sensex, Nifty Extend Losses To Second Straight Day
Edited by Sandeep Singh (with inputs from agencies) | Thursday July 30, 2020Volatility set in as investors rushed to settle their positions ahead of the expiration of monthly derivative contracts due by the end of the session, say analysts. -
Sensex Tanks Over 700 Points From Day's High
Edited by Sandeep Singh | Thursday July 30, 2020Domestic stock markets fell amid volatile trade on Thursday, as a selloff in financial, energy and metal stocks pulled the markets lower. The S&P BSE Sensex index dropped as many as 707.61 points from an intraday high of 38,413.81 to hit 37,706.20 on the downside in late afternoon deals.The broader NSE Nifty 50 benchmark slumped to as low as 11,089.55, having earlier risen to as high as 11,299.95 compared to its previous close of 11,202.85. Volatility occurred as investors rushed to settle their positions ahead of the expiration of monthly derivative contracts due by the end of the session, say analysts. -
HDFC Profit Declines 5% To Rs 3,051 Crore In June Quarter; Shares Slump
Edited by Abhishek Vasudev | Thursday July 30, 2020HDFC said that 22.6% of individual loans were under Covid-19 moratorium, while 27% of HDFC's loans under management were under moratorium. -
India's April-June Gold Demand Sinks 70%, May Decline Further In 2020: World Gold Council
Edited by Abhik Deb (with inputs from agencies) | Thursday July 30, 2020The report also said that India's gold demand for the full year 2020 is expected to fall to the lowest level in 26 years -
Sensex Crashes Over 400 Points From Day's High Ahead Of July Derivatives Expiry
Written by Abhishek Vasudev | Thursday July 30, 2020Mid- and small-cap shares were also witnessing selling pressure as Nifty Midcap 100 index and Nifty Smallcap 100 indexes fell over 0.5%. -
Government Audit Found Security Lapses In Digital Payment System In 2019: Report
Reuters | Thursday July 30, 2020The audit found many sensitive information were stored in "plain text" in some databases, leaving the data unprotected if the system was breached -
VAT Cut To 16.5% In Delhi, Diesel To Be Cheaper By Over Rs 8: Arvind Kejriwal
Edited by Sandeep Singh (with inputs from agencies) | Thursday July 30, 2020Delhi Chief Minister Arvind Kejriwal on Thursday announced a reduction in value added tax or VAT to 16.75 per cent, which would bring down the price of diesel by more than Rs 8 per litre in the national capital. Until now, the value added tax was at 30 per cent in Delhi. Currently, the rate of diesel is Rs 81.94 per litre in the metro, almost 2 per cent higher compared to petrol, which is at Rs 80.43 per litre. Diesel has remained more expensive than petrol in Delhi for past few weeks. -
Bharti Airtel Shares Gain Over 2% Despite Loss In June Quarter
Edited by Peter Noronha | Thursday July 30, 2020Bharti Airtel had to provide Rs 36,832.2 crore towards adjusted gross revenue dues as directed by the Supreme Court. -
Gold Price Today: Domestic Gold Futures Flat As Global Rates Ease, But Hold Rs 53,100 Level
Edited by Sandeep Singh (with inputs from Reuters) | Thursday July 30, 2020Gold Price In India: At 10:01 am, the MCX gold futures traded with a gain of Rs 20 - or0.04 per cent - at Rs 53,207 -
Boeing June Quarter Loss At Bigger-Than-Expected $2.4 Billion
Agence France-Presse | Thursday July 30, 2020Boeing's share price initially gained ground, but then retreated and finished 2.8 per cent lower at $166. -
Reliance Industries Trading Firm Ahead of June Quarter Earnings
Edited by Peter Noronha | Thursday July 30, 2020Meanwhile, at its 43rd annual general meeting (AGM) held on July 15, Reliance Industries had announced a slew of deals, including an investment of Rs 33,737 crore in its digital serves arm, Jio Platforms, by Alphabet Inc's Google. -
Petrol, Diesel Prices Remain Unchanged On Thursday
Edited by Peter Noronha | Thursday July 30, 2020"Petrol, Diesel Price: State-run oil marketing companies, including Indian Oil Corporation, left the prices of petrol and diesel unchanged across the metros again on Thursday. -
Sensex Gains Over 250 Points Led By Financial, IT Stocks
Edited by Sandeep Singh (with inputs from agencies) | Thursday July 30, 2020On Wednesday, the Federal Reserve left interest rates near zero to support the United States' coronavirus-battered economy, sending the dollar to a two-year trough. -
Deadline For Filing 2018-19 Income Tax Return Extended To September 30
Edited by Peter Noronha | Thursday July 30, 2020In March, the due date was extended from March 31 to June 30. Later in June, it was again extended by a month till July 31. -
Surge In Coronavirus Cases Slowing US Economic Recovery: US Central Bank Chief
Reuters | Thursday July 30, 2020Coronavirus infections have exploded in a number of Southern and Southwestern states in recent weeks, and some states have paused or rolled back reopening measures.
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