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Sensex, Nifty end with marginal gains amid volatility on April F&O expiry

Sensex, Nifty end with marginal gains amid volatility on April F&O expiry File Image The benchmark equity indices ended with marginal gains on April 29 after giving up most of the opening gains. The Nifty opened higher but fell in the early part of the day to make an intra-day low at 10:50 hours. A feeble recovery followed amid volatility on April F&O expiry day. At close, the Nifty was up 30.40 points or 0.20 percent at 14,894.90. #MarketAtClose | Market Reverses Opening Gains To Close Flat#Sensex Slips 610 Points & #Nifty 150 Points From Intra-day Highs#Market Favours Declines With Midcap Index Falling 286 Pts From Highs pic.twitter.com/qmgDWU9rGM CNBC-TV18 (@CNBCTV18Live) April 29, 2021

Companies face customs duty, IGST on fake goods from China

Synopsis One company that had imported ‘re-melted lead ingots’ from China, instead, was delivered chalk power. But it was asked to cough up duties on the amount paid for importing ingots. One company that had imported ‘re-melted lead ingots’ from China, instead, was delivered chalk power. But it was asked to cough up duties on the amount paid for importing ingots. Many Indian companies procuring raw material from China have been instead delivered chemicals mixed with water, chalk powder and paper by their suppliers. To make matters worse, they are charged customs duty and IGST based on the actual invoice.

Sensex down 202 points, Nifty below 14,350 at close; Dr Reddy s, ICICI among top drags

: Friday, April 23, 2021, 3:56 PM IST Sensex down 202 points, Nifty below 14,350 at close; M&M, Dr Reddy s, ICICI among top losers Representational Image The markets see-sawed between highs and lows throughout the trading session. The benchmark Sensex fell 202 points to 47,878 tracking losses in ICICI Bank, Infosys and HUL amid persistent concerns over the economic impact of the second wave of COVID-19 pandemic in the country. After a volatile session, the 30-share BSE index ended 202.22 points or 0.42 percent lower at 47,878.45. M&M was the top loser in the Sensex pack, shedding over 2 percent, followed by Dr Reddy’s Bharti Airtel, Tech Mahindra, HUL, ICICI Bank and Infosys. PowerGrid, NTPC, IndusInd Bank, Axis Bank, HDFC and Asian Paints were among the gainers.

Sensex regains 48,000, Nifty jumps over 100 points at close; metals, pharma, PSU banks major gainers

: Thursday, April 22, 2021, 4:04 PM IST Sensex regains 48,000, Nifty jumps over 100 points at close; metals, pharma, PSU banks major gainers PTI The stock market indices traded at the day’s high levels. Sensex regained 48,000-mark. It rose 374.87 points or 0.79 percent at 48,080.67. The Nifty was up over 109.75 points or 0.77 percent at 14406.15. Metals, pharma and PSU banks were the major gainers on Thursday. ICICI Bank was the top gainer up 3.8 percent, followed by HDFC, Bajaj Auto, HDFC Bank, SBI, Bajaj Finance and Kotak Mahindra Bank. FMCG sector and IT stocks were under pressure. On the other hand, Titan, HUL, Asian Paints, Tech Mahindra and Nestle India were among the laggards.

Markets close flat: Sensex falls over 243 points, Nifty below 63 points; DCM Shriram, UltraTech Cement among top losers

: Tuesday, April 20, 2021, 4:47 PM IST Markets close flat: Sensex falls over 243 points, Nifty below 63 points; DCM Shriram, UltraTech Cement among top losers File Photo The benchmark Sensex and Nifty registered losses at the end of trading session on Tuesday. Sensex fell over 243.62 points or 0.51 percent to close at 47,705.80 while the Nifty was down 63.05 points or 0.44 percent at 14,296.40.The markets failed to hold the gains recorded in the first half as several states made announcements regarding new restrictions. The stock market fell over 1 percent after the Maharashtra government announced stricter restrictions. “While one third of the stocks may have fallen by more than 20 percent from their peak, the investors are examining and watching the current vaccination drive very carefully to analyse the impact. With the government‘s initiative to improve the vaccination drive by different measures, the investors are looking at the entry strategy as well at the momen

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