Investors lose ₹10 lakh cr as Sensex, Nifty crash nearly 2%; what fuelled sell-off on D-Street?
The BSE Sensex declined 1,492 points, or 1.87%, to hit a low of 78,233, while the NSE Nifty lost 488 points, or 2%, to 23,816 levels.
The BSE Sensex declined 1,492 points, or 1.87%, to hit a low of 78,233, while the NSE Nifty lost 488 points, or 2%, to 23,816 levels.
Jensen Huang says few people know programming as it is not easy, but India has the largest population of programmers in the world
RIL board approves authorised share capital at ₹50,000 crore, which consists of 4,900 cr shares of ₹10 each and 100 cr preference shares of ₹10 apiece each
Reliance Industries delivered second successive quarter of muted earnings amid weakness in downstream margins and slower retail growth.
Reliance Retail's profit after tax rose 1.3% year-on-year to ₹2,836 crore during the second quarter.
RIL's revenue from operations stood flat, rising just 0.2% year-on-year to ₹2.35 lakh crore during the quarter.
The oil-to-telecom conglomerate is likely to report muted earnings for the second successive quarter, impacted by weakness in the core O2C (oil-to-chemicals) business.
The highest-selling by mutual funds was observed in HDFC Bank, RIL, Apollo Hospitals and Infosys shares.