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Last Updated Thursday March 22 2018 09:41 AM IST


Bank stocks nosedive, markets suffer

Markets responded to mounting bad loans swiping off money from bank stocks, including those of SBI, ICICI, BoB, PNB, Kotak, HDFC, Federal Bank and Axis Bank fell by 2.77 per cent.

Rupee zooms 42 paise on BJP's massive win

Forex dealers said a weakening dollar against other currencies and domestic stock markets zooming to new highs with the NSE Nifty hitting a record 9,122.75 points in opening trade kept the rupee going.

Nifty hits 7-month low, Sensex tanks 234 pts after tax talk

Mumbai: The rally in the previous session proved to be a temporary breather as the NSE Nifty Monday slumped to a 7-month low of 7,908 and the Sensex below 26,000, hit by talk of higher taxation after prime minister's remarks. On Saturday, prime minister Narendra Modi had said market participants

Sensex breaks 7-day fall, but logs weekly loss

Breaking a string of losses of the past seven days, the Sensex ended above the 26,000 level by racking up modest gains today, aided by pharma, auto and capital goods, but registered a weekly drop.

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