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Sensex fell 195.16 points, or 0.26%, to close at 73,677.13, while the Nifty 50 settled 49.30 points, or 0.22%, lower at 22,356.30. “Investors are awaiting Fed Chair Powell’s testimony to get some input on interest rates. Overall, markets are likely to consolidate in the near term with sectorial rotation amid key events lined up.

BSE Sensex dropped 195.16 points to end the session at 73,677.13. Meanwhile, the Bank Nifty index outperformed the Nifty 50 and ended 125 points higher at 47,581. In the broad market, the Nifty Smallcap 100 index declined 1.24%, while the Nifty Midcap 100 index fell 0.27%.

India’s local governments are weak despite the 73rd and 74th Constitutional amendments. They effectively serve as extended implementation arms of state governments, rather than as an independent tier of government. If India has to deliver on its promise of Viksit Bharat by 2047, we must radically change how we view our local governments.

₹2 trillion in income tax (to the union government). Delhi is one of the engines of growth for the national economy. We are not saying give us everything that Delhi gives, but give us something.

Consuming these syrups will help you not only aid your immune system but your heart health, platelets count, cough and cold issues, liver functioning and so much more. Check out our article where we have shared this selected list and find a syrup for yourself and your family. Once you find the one that you like, you can place your order using the buying links shared in the article.

Nifty on Tuesday ended 49 points lower to once again form a Doji candle on the daily chart. The index is now in the process of retesting the breakout of 22,300 it gave last week. The index should move towards the next resistance zone of 22,450-500 either continuously from the current levels or maybe after a minor dip. Support for the index is now seen at 22,250-300 and 22,125-150 levels, said Tejas Shah of JM Financial & BlinkX.

JG Chemicals, which opened for subscription earlier today, was fully booked so far on the first day of bidding. The retail portion of the issue was fully subscribed, while NII category followed closely with 93% subscription. There were no bids yet in the QIB category of the IPO, which closes on March 7.

Tata Motors into two separate listed entities — CV and PV — will eventually lead to the exclusion of the smaller stock (commercial vehicles unit) from Sensex and Nifty just like what happened during the demerger of Jio Financial Services from Reliance Industries (RIL). «Tata Motors is currently a member in all passive indices. However, once the demerger is complete, with the smaller entity (CV business) becoming a standalone entity, it will exit Nifty50 and Sensex. We're looking at a wait of around 15 months or so for this to materialise,» Nuvama's Abhilash Pagaria said.

Home Office data from the UK reveals a dip in the number of study visas issued for main applicants by the country in 2023 compared to the previous year. In 2023, there were 4,57,673 study visas issued to main applicants, which represented a 5.5 per cent decrease compared with the previous year. Click & check your eligibility for immigration Find out The 2023 total was the second highest on record for a calendar year and was 70 per cent higher than the pre-pandemic year of 2019, the Home Office said.

Stock market today: Platinum Industries share price today listed on BSE and NSE at a robust 31 percent listing premium. After a strong debut on Dalal Street, Platinum Industries shares extended its gains and went on to touch an intraday high of ₹236.25 apiece on NSE and ₹237 per share on BSE. However, the newly listed stock couldn't sustained at higher levels after the profit-booking trigger.

Delhivery shares: Kotak Equities upgrades stock to ‘Buy’, raises target price; sees over 24% upside Analysts at Antique Stock Broking said that "OMCs are up 70%–100% over the last four months compared to Nifty’s 15%. Despite the sharp run-up, valuations remain inexpensive and fundamentals robust. Both refining and marketing margins remain strong, while LPG is likely to turn profitable again in 2–3 months".

mutual funds having exposure to them also give high double-digit returns. Yet, there are at least 45 schemes which have trailed their respective benchmarks by significant margins during this period. A data analysed by ETMarkets shows that there are 25 active midcap mutual fund schemes and 20 smallcap schemes which have delivered returns that are lower than their respective benchmarks. Also Read: These 5 midcap mutual funds have given over 50% returns in last one year

dearness allowance (DA) hike. Going by the Consumer Price Index for Industrial Workers (CPI-IW) numbers, as published by the Labour Bureau, a wing of the Ministry of Labour, the dearness allowance is likely to increase to 50% for central government employees. DA is a component of the salary of central government employees. It is aimed at easing the impact of inflation. Now, if DA hits 50%, certain other allowances and components of the salary will also increase, which will lead to a significant jump in your salary. The 7th Central Pay Commission has made detailed provisions on how DA touching 50% will impact your salary. Let's find out the details here.

Bandhan Bank Ltd. traded 0.37 per cent up at Rs 199.6 at 10:56AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 390.71 points to 73481.58. The scrip had closed at Rs 198.85 in the previous session. The stock quoted a 52-week high price of Rs 272.0 and 52-week low of Rs 182.2, respectively. As per BSE data, total traded volume on the counter till 10:56AM (IST) stood at 96495 shares with a turnover of Rs 1.93 crore.

mutual funds have failed to beat their respective benchmarks in February, data crunching by ETMutualFunds showed. There were around 27 small cap schemes in the market. HDFC Small Cap Fund, the second largest small cap scheme based on assets managed, failed to beat its benchmark. The scheme lost 1.05% in February against a negative return of 0.43% by its benchmark (S&P BSE 250 Small Cap — TRI). The scheme manages assets of Rs 28,606 crore.

Siemens, Jefferies recommended a buy on IIFL Finance, JPMorgan has an overweight rating on Max Healthcare, and Macquarie maintained an outperform rating on Tata Motors.

CARS24's wholly-owned subsidiary, CARS 24 Financial Services, on Tuesday announced a strategic partnership with Credgenics to facilitate a digital-first approach in the business. The company said that the objective behind the move is to «streamline the car ownership experience for customers by introducing innovative solutions powered by cutting-edge technology, ensuring a hassle-free journey.» «Credgenic's SaaS based platform at CARS24 Financial Services provides data insights backed strategy recommendations, facilitates a digital-first approach and automates customer communications across multiple channels for collections. The integrated platform includes various modules that cover the end-to-end collections lifecycle and enables the team at CARS24 Financial Services to drive higher operational efficiency, provide personalized service to customers and scale operations rapidly at ease,» said the company in a release.

PI Industries Ltd. 0.0 per cent to Rs 3618.0 in Tuesday's trade as of 10:35AM (IST) even as the benchmark Nifty ruled at 22286.35, down 119.25 points. The scrip had closed at Rs 3617.9 in the previous session. The stock quoted a 52-week low of Rs 2870.0 and a high of Rs 4010.0. The company quoted a market-cap of Rs 55292.15 crore on the BSE.

₹478.50 on Tuesday after the Reserve Bank of India (RBI) barred IIFL Finance from sanctioning and disbursing gold loans with immediate effect on certain material supervisory concerns. "The Reserve Bank of India, in the exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, directed IIFL Finance Ltd to cease and desist, with immediate effect, from sanctioning or disbursing gold loans or assigning/ securitising/ selling any of its gold loans," the RBI said in a press release.

Stock Market News: Domestic benchmark equity indices, the Sensex and the Nifty 50, began Tuesday's trading day on a negative note. Benchmark equity indices were trending down. The BSE Sensex opened lower by 104.87 points or down 0.14% at 73,767.42 level while the Nifty 50 opened at 22,371.25 level, down 34.30 points or 0.15%.

Bharat Forge Ltd. traded 1.18 per cent up at Rs 1203.7 at 10:20AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 359.87 points to 73512.42. The scrip had closed at Rs 1189.65 in the previous session. The stock quoted a 52-week high price of Rs 1330.0 and 52-week low of Rs 744.0, respectively. As per BSE data, total traded volume on the counter till 10:20AM (IST) stood at 17454 shares with a turnover of Rs 2.09 crore.