Sat, Aug 19, 2017 | updated 01:48 AM IST

Nifty closes with 3-month closing, Sensex plunges

Updated: Nov 02, 2016 16:10 IST      
Nifty closes with 3-month closing, Sensex plunges

New Delhi [India], Nov 2 (ANI): After a lot of struggle, the market on Wednesday ended in red after polls indicate Donald Trump victory in the US presidential election.

The Nifty closed at over three month closing low, down 112.25 points or 1.3 percent at 8514 and the Sensex slipped 349.39 points or 1.2 percent at 27527.22.

Shares such as ONGC, Tata Motors, BHEL, SBI and Cipla were among the gainers while HUL, NTPC and Bajaj Auto were losers.

On the anti-dumping duty, the government may soon come out with a decision on duty protection measure for the domestic aluminum sector, which is facing dumping of products from countries like China.

Indicating strong auto sales, VE Commercial Vehicles today reported 14.43 percent increase in total sales in October at 4,560 units as compared with 3,985 units in the same period last year.

The company, a joint venture between Sweden's Volvo Group and Eicher Motors, said total sales of Eicher-branded trucks and buses increased by 15.44 percent to 4,449 units in October compared with 3,854 units in the corresponding month last year.

In the domestic market, sales of Eicher trucks and buses stood at 3,854 units last month compared with 3,466 units in the year-ago period, up 11.19 percent, VECV said in a statement.

Exports of Eicher trucks and buses stood at 595 units in October as against 388 in the same month last year, up 53.35 percent. Volvo trucks sold 111 units last month compared with 131 units in October 2015, down 15.26 percent, the company added.(ANI)

New Delhi [India], Aug 18 (ANI): The Ministry of Finance on Friday released a clarification regarding the number of taxpayers that have been added after demonetization.

Full Story >>

New Delhi [India], Aug 18 (ANI): Celebrating the occasion of world Entrepreneurship Day, ASSOCHAM (Associated Chambers of Commerce and Industry of India) on Friday bestowed Mobikwik co-founder Upasana Taku with the 'Best Woman Entrepreneur Award 2017' in the national capital.

Full Story >>

RBI introduces new Rs. 50 notes in Mahatma Gandhi series

Updated: Aug 18, 2017 19:14 IST     

New Delhi [India], Aug 18 (ANI): The Reserve Bank of India (RBI) on Friday announced circulation of new currency denomination of Rs. 50 banknotes in the Mahatma Gandhi (New) Series.

Full Story >>

New Delhi [India], Aug 18 (ANI-NewsVoir): Eminent artist, philanthropist and award winning sculptor Rouble Nagi is looking forward to welcoming and hosting international Bahraini artist from Bahrain over an evening at a multi-cultural arty affair connecting creative enthusiasts from India and Bahrain through an unparalleled programme of artist interventions.

Full Story >>

New Delhi [India], Aug 18 (ANI): An urge to share lives beyond fashion and lifestyle by the users of India's leading fashion social network, 'Roposo - TV by the People' has emerged as the home grown digital platform to explore homemade videos and photos, hands-free and full-screen browsing experience.

Full Story >>

New Delhi [India], Aug 18 (ANI): CMO Asia, an organization of Asia's top marketing executives and professionals, through their network, generate high level thought leadership and peer networking amongst decision makers across Asia. CMO Asia's National Award For Marketing Excellence was awarded to Parijat Industries on 6thJuly in Mumbai this year.

Full Story >>

New Delhi [India] August 18 (ANI): Union Minister Arun Jaitley in a letter to the State Chief Ministers, Finance Ministers written earlier today highlighted the concerns raised by the manufacturing sector in the country regarding the rise in input costs of petroleum products.

Full Story >>

Panaji (Goa) [India], Aug 18 (ANI): Le Meridien has announced hiring of Norton Pereira as the General Manager for its Goa's Calangute property.

Full Story >>

The story of Zaara Tugs at Family Ties Strings

Updated: Aug 18, 2017 15:38 IST     

New Delhi [India], Aug 18 (ANI-BusinessWireIndia): In every child, there is a story, a story never told or heard. New research has found that three out of four parents have a best loved child. Even if they do not, mere perception of bias can affect a child's emotional well-being.

Full Story >>

New Delhi [India], Aug 18 (ANI): Vishal Sikka, who resigned as the Managing Director and Chief Executive Officer of Infosys Ltd., on Friday cited that the continuous stream of distractions and disruptions are among the main reasons behind his dec

Full Story >>

New Delhi [India], Aug 18 (ANI): True Balance, India's leading mobile balance management service app unveiled interesting features on its new version which enables users to manage, recharge and earn their rewards all in one go.

Full Story >>

New Delhi [India], Aug 18 (ANI): The latest OLA film 'Farak Padta Hai' campaign explores the youth of today who are more concerned about the future of the country, and want to work towards solving real issues like growing congestion and pollution in our cities.

Full Story >>

New Delhi [India], Aug 18 (ANI-NewsVoir): Home buying journey today is not as cumbersome as it was a decade ago. Homeseekers were completely dependent on brokers and personal connect, however with evolved needs and technological advancements, one can now access information at the touch of their fingertips. With the introduction of mobile apps like Magicbricks - the process has become much simpler.

Full Story >>

Kerala Tourism organizes a roadshow in Gurugram

Updated: Aug 18, 2017 13:54 IST     

New Delhi [India], Aug 18 (ANI-NewsVoir): Kerala Tourism, with its year-long marketing activity campaign which commences with the summer campaign that lures summer travellers from the month of April to September, reached out to the tourism industry players in Gurugram on Thursday, 17th August, with its revamped fare on showcase which includes a selection of new tourism products.

Full Story >>

New Delhi [India], Aug 18 (ANI-NewsVoir): Shardul Amarchand Mangaldas & Co. ('SAM & Co.') advised Kagome Co. Ltd. (Japan), ASG LLC and Preferred Brands International Inc. in relation to the acquisition of Preferred Brands International and its subsidiaries including Tasty Bites Enterprises Limited (TBEL). The primary transaction is valued at USD 172 million (appox.) and will be followed by an open offer (valued at INR 352 crores). Tasty Bites Enterprises is a leading Indian manufacturer of packaged ready to eat food products.

Full Story >>

Seven Hills Beverages Limited to enter capital market

Updated: Aug 18, 2017 13:06 IST     

Mumbai [India], Aug.18 (ANI-Newsvoir India): Seven Hills Beverages Limited, engaged in manufacturing of packaged drinking water for Bisleri International Pvt. Ltd. at its state of art, ultra modern unit at Nasik (Maharastra) is entering the capital market with an IPO of 1.60 Cr. equity shares of Rs.10 each at a price of Rs. 26 per share (30.09% dilution).

Full Story >>

Mumbai [India], Aug.18 (ANI-Businesswire India): Nirvana Realty, one of the leading developers in Maharashtra's weekend home market, has bagged the 'The Best Luxury Developer of Weekend Homes in Maharashtra' award at the 7th Edition of the Realty Summit and Award 2017.

Full Story >>

Mumbai [India], Aug.18 (ANI-Businesswire India): One of the top bullion companies of India, RiddiSiddhi Bullions Ltd. (RSBL), was conferred with the highest honor at the recently concluded awards from the India International Gold Convention (IIGC).

Full Story >>

Bengaluru (Karnataka) [India], August 18 (ANI): At its board meeting held today, the Board of Directors of Infosys Limited accepted Vishal Sikka's resignation as the Managing Director and CEO, effective immediately.

Full Story >>

Vishal Sikka resigns as Infosys MD and CEO

Updated: Aug 18, 2017 10:04 IST     

New Delhi [India], August 18 (ANI): Vishal Sikka has resigned as the Managing Director and Chief Executive Officer of Infosys Ltd. with immediate effect.

Full Story >>