Stock Market News Updates Today: Sectorally, all the other indices were trading with decent gains. Metal index was up 2.5%, while private, PSU Bank and financial indices rose 1.5% to 2% today

Sensex and Nifty fell sharply today, led by selling pressure in the auto and banking sectors. The broader mood of the market turned bearish last week, after a few days of the lacklustre movement

Sectors too saw profit booking in index heavyweights from all-time highs. All sectors witnessed heavy selling pressure today, with PSU Banking dropping over 4%, followed by a 2% fall in auto and over 1.5% decline in metal and private banking index

Sectorally, auto, metal, media and PSU bank index were in buying demand, while FMCG, IT, realty, private banking and pharma sectors witnessed selling

Stock Market News Updates Today: RIL, Bajaj twins, Airtel were among the top gainers while, Nestle, TCS, Axis Bank, L&T traded as the top losers

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

Covid-19 vaccine: AstraZeneca applies for approval in JapanDrugmaker AstraZeneca PLC said on Friday it had applied for approval in Japan of its COVID-19 vaccine, making it the second pharmaceutical firm to do so after Pfizer Inc. The Japanese government in December signed a contract to procure 120 million doses of the AstraZeneca vaccine, enough for 60 million people. Aviation sector showing positive signs but still in eye of storm: Airbus India presidentThe Indian aviation sector is showi...

Real GDP growth is projected at 10.5 per cent in 2021-22 - in the range of 26.2 to 8.3 per cent in H1 and 6.0 per cent in Q3, RBI's Monetary Policy Committee (MPC) stated in its growth outlook

The RBI had earlier announced its intent to come out with an official digital currency, in the face of proliferation of cryptocurrencies like Bitcoin about which the central bank has had many concerns

Fund managers disappointed as there was no mention of open market operations by RBI. They were expecting some announcement on OMOs, amid big borrowing plans announced by Finance Minister Nirmala Sitharaman

In October last year, the RBI had announced on tap targeted long term repo operations (TLTRO) scheme for banks

The projection by the RBI governor is in line with the estimates in the Union Budget 2021-22 presented in Parliament earlier this week

Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget

Dalal Street gave a big thumbs-up as Finance Minister Nirmala Sitharaman shifted gears towards demand generation in the economy, without raising taxes

RBI MPC meet: RBI Governor Shaktikanta Das pegged the GDP growth at 10.5 per cent in FY22. Governor Das said that the need of the hour is to continue supporting growth

RBI Governor Shaktikanta Das-led MPC hold repo rate at 4 per cent; maintains accommodative stance. Going forward, we see the Indian economy moving in only one direction i.e. upward, says Das

MPC Meet: RBI is seen holding repo rate at 4.0 per cent through but markets will be keenly watching its roadmap to provide additional liquidity measures after a higher than expected borrowing plan of Centre for fiscal year

India Stock Market News Updates Today: Sensex scaled record high of 51,073.27 while the Nifty hit record high of 15,014.65 level in early trade. SBI, Kotak Bank, IndusInd Bank, HDFC, ONGC and Axis Bank were top gainers in the Sensex pack

Sensex has added 4,329 points this week as FM Nirmala Sitharaman presented a growth-oriented Budget, with higher fiscal deficit limits and privatisation plans on February 1

Three-day meet of six-member RBI committee headed by Das started on February 3. MPC may keep key policy rates unchanged, while ensuring availability of adequate liquidity needed to spur investment in infrastructure sector