Business
On Budget day, Sensex opens 530 pts high at 58,544, Nifty trades at 17,480
On Tuesday, the Sensex surged more than 600 points ahead of parliament’s presentation of the 2022-23 Union Budget, with the Nifty up 159 points in open trade.
The 30-share Sensex added 603.39 points or 1.04% to 58,617.56 and the broader Nifty added 159.25 points or 0.92% to 17,499.10.
IndusInd Bank was the biggest gainer in the Sensex sector, up 2.45%, followed by ICICI Bank, HDFC twins, Sun Pharma, Infosys, Kotak Bank and Bajaj Finserv.
Of the 30 Sensex constituents, 28 stocks trade in green. ITC and PowerGrid are laggards.
Finance Minister Nirmala Sitharaman will table the 2022-23 federal budget in Parliament on Tuesday.
In the previous session, the 30-share BSE index closed up 813.94 points, or 1.42%, at 58,014.17. Likewise, the broader NSE Nifty was up 237.90 points or 1.39 per cent at 17,339.85.
On Monday, the Economic Survey reported that India’s economy is expected to grow between 8% and 8.5% in the fiscal year that begins April 1 and is well-positioned to meet future challenges on the back of widespread vaccine coverage, supply-side reforms and deregulation.
Meanwhile, India’s economy contracted by 6.6% in 2020-21, compared with an earlier estimate of a 7.3% contraction, suggesting that the economy hit by the coronavirus pandemic is not as bad as initially thought.
Output in eight infrastructure sectors rose 3.8% in December 2021, after contracting 0.4% in the same month last year, as coal, cement and refined products fared better, according to official data released on Monday.
“The Indian government’s fiscal position remains strong, with figures for the first nine months of this fiscal showing that the budget deficit has only been used up by half.
“The fiscal deficit stood at 50.4% in FY22 April-Dec, compared to 145.5% last year. Stronger tax and non-tax revenue has helped the government stabilize the budget,” said Deepak Jasani, head of retail research at HDFC Securities.
On Tuesday, Asian shares took advantage of the tailwinds of a U.S. technology-led rally driven by bargain hunters betting that this year’s stock market rout will subside. Several Asian markets, including China and South Korea, were closed for the Lunar New Year holiday, he added.
The U.S. stock exchange ended the overnight session on a positive note.
Meanwhile, international oil benchmark Brent rose 1.31% to $91.21 a barrel.
Foreign institutional investors remained net sellers in the domestic capital market, withdrew Rs 3,624.48 crore on Monday, according to provisional data.
Complete News Source : Hindustan Times
Table of Contents
Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
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