Domestic equities markets ushered in Samvat 2081 with gains of nearly half a per cent, as all sectors made positive contributions. Following the one-hour ceremonial trading session, the Sensex closed at 79,724, up 335 points, or 0.42 per cent, while the Nifty 50 index finished at 24,304, rising 99 points, or 0.41 per cent.
The broader Nifty Midcap 100 and Smallcap 100 outperformed, rising 0.7 per cent and 1 per cent, respectively. Overall, 3,038 stocks closed with gains, while only 539 ended in the red on the BSE.
Bourses conduct a special one-hour ceremonial Muhurat trading session every year to mark the beginning of a new Hindu calendar year. This is the seventh consecutive year that equity markets have closed with gains on Muhurat trading day.
While domestic markets were closed for normal trading, global cues were mixed as investors awaited the Federal Reserve rate verdict and the outcome of US elections due next week.
Debroy was a member of the NITI Aayog up to June 5, 2019. In September 2017, he was appointed chairman of the EAC-PM.
Debroy had a wide canvas penning books and articles ranging from economics to translations of Hindu scriptures.
This story is from the November 02, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 02, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Gukesh draws against Liren in 13th game
Indian Grandmaster D Gukesh (pictured) tried his best but could not break past a resilient defending champion Ding Liren of China and had to settle for a draw after 68 moves in the 13th and penultimate game of the World Chess championship on Wednesday.
Indian tourist boom spurs revival in US hotel revenues
US hotels and travel companies are aiming to tap a surge in Indian tourists to boost revenue as domestic leisure spending falters and demand from East Asian countries remains below pre-pandemic levels.
First human gene therapy for Hemophilia A now in India
Offering hope to around 136,000 Hemophilia A patients in India, the Department of Biotechnology (DBT) along with the Centre of Stem Cell Research (CSCR) at Christian Medical College (CMC), Vellore announced that they have successfully executed a first-in-human gene therapy using lentiviral vectors for the disease.
Pollution levels drop across India as weather improves
Pollution levels across the country are declining due to changing weather conditions.
Willow sets the stage for AI's quantum leap
With Google announcing the milestone of Willow—a state-of-the-art quantum computing chip that can solve complex problems in under five minutes, a computation so complex it would have taken a supercomputer around 10 septillion years to complete—tech experts believe this breakthrough could impact artificial intelligence (AI), particularly by making it more accessible to the masses.
Content overload causing indigestion
PRASOON JOSHI (53) began as a writer in his teens, did an MBA and then got into advertising. From Daag Ache hain (Surf Excel) to Thanda Matlab Coca-Cola, his work shone with an Indianness that changed the way marketers spoke to consumers. His second foray into writing, as a lyricist (Taare Zameen Par, Delhi 6, etc), dialogue writer (Rang De Basanti) and then a scriptwriter (Bhaag Milkha Bhaag) has been successful. In 2017, he became the head of the Central Board for Film Certification (CBFC). In November this year, Joshi forayed into theatre, with Rajadhiraaj: Love. Life. Leela., a musical depicting the journey of Shri Krishna. In a video interview, Vanita Kohli-Khandekar spoke to Joshi about the play and other things. Edited excerpts:
STAR TREK
As Mercedes completes three decades in India, its three-pointed star sits atop the luxury table. What drives it?
UNREGULATED BOND PLATFORM MENACE Go with regulated entity: Listed bonds subject to ratings, oversight
The Securities and Exchange Board of India (Sebi), through a circular dated December 5, 2024, warned investors against transacting on unregulated online bond platforms that promote unlisted securities.
AI-first, low-cost leader: Bajaj Fin's path to FY29
Bajaj Finance (BFL) shares rose 3.3 per cent intraday to ₹7,165 apiece before closing 2.6 per cent higher (₹7,116) on the BSE on Wednesday.
Day 1: MobiKwik booked 7x, Vishal Mega Mart gets 51% subscription
The initial public offering (IPO) of One MobiKwik Systems was subscribed 7.3 times on Wednesday, on the first day of offer.
