The benchmark indices of the domestic equity markets on Monday recovered the losses made on Friday, tracking strong global cues. The better-than-estimates earnings also helped investors' sentiments.
Indian stock indices opened marginally higher Monday after having closed in the red the last session. At the time of writing this report, benchmark indices Sensex and Nifty were 0.5 per cent higher each.
The US Federal Reserve on Friday raised interest rates by a quarter of a percentage point and signalled it may pause further increases. The increase lifted the Fed's benchmark federal funds rate to a range of 5 per cent to 5.25 per cent, the highest level since 2007.
According to the statement, the state-run company also set new technical benchmarks during April, with the blast furnace shop reporting a productivity of 2.09 tonne of hot metal per day per cubic meter from Blast Furnace-1 and Blast Furnace-2.
Indian stock indices have managed to end this week with gains on a cumulative basis. Benchmark Sensex and Nifty indices accumulated 0.8-1.0 per cent gains.
A two-member bench of IHC Chief Justice Aamer Farooq and Justice Babar Sattar takes up the plea filed by the ousted premier and his wife and issued the verdict, declaring the notices illegal.
Mumbai (Maharashtra) [India], May 5 (ANI/NewsVoir): With nurturing talent being at its forefront since 1982, TVS Racing announces its partnership with KidZania, one of the world's leading edutainment theme parks to create a first-of-its-kind racing experience for young enthusiasts riders.
A petition demanding that elections be held nationwide on the same day will be heard by a three-member Supreme Court bench on Friday, reported Geo News. A three-member bench, headed by CJP, will hear the case today.
Last year in November, the five-judge Constitution bench by a majority of 3:2 upheld the validity of the Constitution's 103rd Amendment Act which provides 10 per cent EWS reservation in educational institutions and government jobs. An amendment granting 10 per cent reservations to EWS was up