Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: Domestic benchmark indices BSE Sensex and Nifty 50 ended over one per cent higher on Tuesday, as COVID-19 cases in India declined.
We are at a crucial juncture because if we keep above that patch, we will swiftly move towards 15000-15100.
Hindalco, L&T, Tata Steel and RIL were among top Nifty gainers, while HDFC Life, SBI Life, Kotak Bank and Maruti were laggards.
In a show of solidarity, the CEOs of about 40 top American companies have come together to create a first-of-its-kind country-specific global task force to mobilise resources and coordinate efforts to help India fight the battle against COVID-19.
Since the first train of empty tankers left from Mumbai on April 19 for Vizag, Indian Railways has safely transported more than 302 tonnes of oxygen to various states across the country, while 154 tonnes of oxygen is enroute to regions starved of the gas, according to the national transporter.
The last one and a half years have been tough for the small and medium-sized businesses due to the pandemic and initial public offerings by SMEs have taken a hit.
Its primary task was to create an enabling environment for the smooth running of businesses and enterprises rather than having ownership in them.
In May, banks including the public sector, private sector, foreign banks, cooperative banks and regional banks, will observe holidays on May 1, May 7, May 13, May 14 and May 26 on account of Labour Day, Jumat-ul-Vida, Id-Ul-Fitr, Akshaya Tritiya and Buddha Pournima, respectively.
As per the company press release, this was primarily achieved through substantial growth in vehicle deliveries, as well as growth in other parts of the business.
MCX gold June futures were trading Rs 34 or 0.07 per cent lower at Rs 47,418 per 10 10 grams as against the previous close Rs 47,462.
If we are unable to, we will be sideways and then head back to the previous lows of 14200.
Mumbai has started showing some respite in the daily cases of COVID-19 and the daily cases seem to be falling down.
The Indian Rupee is expected to trade on a mixed to bearish note with an expected intraday range of 74.50-74.90, tracking recent weakness in the US dollar index and a slight recovery in the domestic equity market.
Gold along with US dollar and bond yields may remain choppy ahead of the Fed decision however general bias remains on the upside amid rising virus cases and hopes of loose monetary policy of major central banks.
The fuel prices were last revised on April 15, when petrol fell by 16 paise per litre and diesel by 14 paise in Delhi.
The second major event this week will begin on Wednesday and conclude on Thursday when President Joe Biden will hold his first address to Congress.
However, lower than 3.5 lakhs daily caseload at India level and sharp reduction in fresh caseload in Maharashtra yesterday offer some comfort and a further reversal in caseload should augur well for economy and markets.
The Dow Jones Industrial Average fell 0.18 per cent, while the S&P 500 gained 0.18 per cent to end at record high at 4,187.62.