Indian stock market opened lower on Thursday, declining for a fifth straight trading session as continued foreign fund outflows and US visa curbs kept market participants on edge.
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The Indian stock market opened on a weak note on Wednesday, extending its losing streak and marking 12 consecutive months of negative returns. Both benchmark indices started the day in red as global and domestic headwinds continued to weigh on investor sentiment.
The festive season began on a record-breaking note for the Indian automobile sector as Tata Motors and pre-owned car company CARS24 also reported exceptional sales and customer activity on the first day of Navratri. The strong numbers came on the back of the recent GST 2.0 rate cuts, which h
In a press conference held today, Arjun Kumar, the president of the Luv Kush Ramlila Committee, announced that they have decided that Poonam Pandey will not play the role of Mandodari in the Ramlila organised by them.
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The rollout of the new GST 2.0 reforms, which have reduced car prices, added further fuel to the festive buying sentiment. The twin impact of the festival and lower prices led to a remarkable performance for Maruti Suzuki.
The volatility in the Indian stock market continued on Tuesday, with both benchmark indices opening almost flat, as investor sentiment remained dented by the sharp increase in H-1B visa costs, which weighed on the IT index.
Market participants in the Indian stock market will be closely eying a host of key global and domestic developments in the coming week, which could drive short-term sentiment and sectoral movements, according to the market experts.
Speaking to reporters, Adhikari said, "This is an attack on Hindu traditions. Today is the last day of Pitru Paksha. No auspicious work is done during Pitru Paksha." He alleged that Banerjee was trying to exploit religious sentiments for political gains with elections six months away."