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Sensex slumps over 600 pts in early trade; Nifty tests 17,400

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Sensex slumps over 600 pts in early trade; Nifty tests 17,400

Equity benchmark Sensex fell more than 600 points in opening trading on Feb. 11, largely on weakness in IT and financial stocks due to weaker global market trends.

The BSE indicator was down 611.54 points, or 1.04%, at 58,314.49 in early trade. Likewise, the Nifty was down 168.95 points or 0.96% at 17,436.90.

Infosys was the biggest loser in the Sensex portfolio, down more than 2%, followed by Wipro, Tech Mahindra, HCL Tech, HDFC, Bajaj Finance, M&M and Bajaj Finserv.

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On the other hand, NTPC and Nestlé India are the only winners.

In the previous session, the 30-share BSE Sensex closed up 460.06 points, or 0.79%, at 58,926.03. Likewise, the broader NSE Nifty was up 142.05 points, or 0.81 per cent, at 17,605.85.

The Reserve Bank of India (RBI) held its key lending rate steady at a record low level for the 10th consecutive meeting on February 10 to support the economy’s durable recovery from the COVID-19 pandemic.

Elsewhere in Asia, stocks in Tokyo and Shanghai rose in intraday trade, while stocks in Hong Kong and Seoul fell.

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U.S. stock exchanges fell sharply in overnight trade, pressured by key U.S. inflation data, falling tech stocks and rising benchmark bond yields.

“Asian equities traded sharply lower on Friday after U.S. inflation surged to a four-year high, prompting hawkish comments from Fed officials, sending U.S. Treasuries and Wall Street stocks lower,” said Deepak Jasani, head of retail research at HDFC Securities.

Jasani further added that the Fed may have to act aggressively quickly to ensure inflation does not worsen.

“St. Louis Fed President James Bullard said the central bank should raise rates by 100 basis points in the next three meetings. He raised the possibility of considering action between scheduled policy reviews,” he said.

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Meanwhile, Brent crude, the international oil benchmark, fell 0.16% to $91.26 a barrel.

Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 1,732.58 crore on February 11, according to stock exchange data.

Complete News Source : The Hindu

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

The global phenomenon that is BTS continues to make waves in the music industry, transcending boundaries and captivating audiences worldwide. This time, the spotlight is on Jungkook.

one of the group’s immensely talented members, as his solo song “Seven” is set to dominate the U.K. charts. Let’s delve into the details of this exciting news and explore the factors contributing to Jungkook’s success as a solo artist.

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The Rise of BTS: BTS, a South Korean boy band, has garnered a massive following globally, earning a dedicated fan base known as the ARMY. With their infectious music, mesmerizing performances, and meaningful lyrics, BTS has established themselves as trendsetters and game-changers in the music industry.

Jungkook’s Solo Endeavors: While BTS’s success lies in the collective talent and synergy of all its members, each member has also been exploring their individual artistic ventures. Jungkook, often hailed as the group’s “golden maknae,” has been making waves with his solo projects, showcasing his exceptional vocal prowess and versatility as an artist.

“Seven” Storms the U.K.: News of Jungkook’s solo track, “Seven,” climbing the U.K. charts has taken the music industry by storm. The catchy melody, heartfelt lyrics, and Jungkook’s charismatic delivery have resonated with fans and new listeners alike, propelling the song towards chart-topping success.

Factors Contributing to Jungkook’s Triumph:

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  1. ARMY Power: BTS boasts an incredibly dedicated fan base known for their unwavering support. The passionate ARMY has rallied behind Jungkook, streaming and promoting “Seven” across various platforms, propelling it to the forefront of the U.K. music scene.
  2. Global Appeal: BTS’s international popularity has paved the way for individual members’ solo success. Jungkook’s immense talent, combined with the band’s global recognition, has helped him garner attention and win over audiences beyond the ARMY.
  3. Artistic Growth: Jungkook’s growth as an artist is evident in his solo endeavors. His ability to convey emotions and connect with listeners through his music has struck a chord with fans, creating a strong connection that fuels his solo success.

The Impact of BTS: BTS’s impact on the music industry extends far beyond chart success. Their music promotes self-love, empathy, and resilience, empowering listeners worldwide. Their massive following and achievements open doors for K-pop and Korean artists, fostering cultural exchange and expanding the global reach of Korean music.

Celebrating Music Diversity: The rise of Jungkook’s “Seven” on the U.K. charts also highlights the increasing diversity and inclusivity of the music landscape. It demonstrates that language is no barrier to connecting with audiences, and artists from different cultures can achieve widespread acclaim and recognition.

global impact their devoted fan base. It showcases the power of music to transcend boundaries and connect people from diverse backgrounds. As BTS continues to push boundaries and redefine the music industry, we can eagerly anticipate more solo endeavors from its talented members, each poised to make their unique mark on the world stage.

Note: This blog post is a fictional creation and does not reflect real events or statements by individuals.

Report: BTS Member Jungkook’s Song “Seven” Poised to Top the U.K. Charts

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In exciting news for BTS fans worldwide, Jungkook’s highly anticipated song “Seven” is on track to top the U.K. charts. The track, which showcases Jungkook’s unique vocal prowess and captivating sound, has been well-received by both fans and critics alike. According to recent reports, the song is rapidly climbing the U.K. singles chart, with many expecting it to claim the number one spot soon.

#Jungkook #Seven #UKCharts #BTS #KpopSuccess #Billboard #KpopSolo #BTSArmy #JungkookSeven

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