Business
Stock market: Sensex touched 39,000 level, Nifty strong 81 points
The positive global trend and the inflow of foreign funds strengthened the market sentiment on the second trading day of the week and closed on the upside. The Bombay Stock Exchange’s leading index Sensex gained 0.74 per cent to close at 39044.35, up 287.72 points. At the same time, the National Stock Exchange’s Nifty gained 0.71 percent (81.75 points) to close at 11521.80.
The rupee lost 16 paise to close at 73.64 (temporary) per dollar on Tuesday, despite the positive trend in the domestic stock markets. The rupee fluctuated greatly in the interbank foreign currency exchange market. The rupee finally ended with a loss of 16 paise to close at 73.64 per dollar after opening with a strong trend at 73.33 per dollar. The rupee had closed at 73.48 per dollar in the previous trading session.
During the day’s trade, the rupee rose to a high of 73.33 per dollar. It also came to a low of 73.72 per dollar. Meanwhile, the dollar index, showing dollar trend against the six currencies, declined by 0.16 per cent to 92.90.
Talking about the big stocks, today the shares of IndusInd Bank, Cipla, UPL, Axis Bank and Bharti Airtel closed on the green mark. The shares of Titan, Maruti, HDFC Life, Itcher Motors and ITC closed at the red mark.
If we look at the sectoral index, today IT, finance services, banks, PSU banks, pharma and private banks closed on the green mark. Media, auto, realty, FMCG and metal on the red mark.
The Sensex opened up 124.61 points, or 0.32 per cent, at 38881.24 levels in early trade and the Nifty opened 0.37 per cent, or 42.45 points higher at 11482.50.
The Sensex was down 97.92 points at 38756.63, down 0.25 percent, and the Nifty closed 0.38 per cent (43.40 points) down at 11421.05 on the previous trading day.
News Source: NewsCrab.Com
Business
Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise
%20(3).jpg "Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise")
Tributes continue to pour in for Ratan Tata, with Virat Kohli and Jay Shah taking to their social media accounts to bid farewell to the industrialist.
Former Indian captain and batting legend Virat Kohli paid a touching tribute to Ratan Tata, the legendary business tycoon, who passed away on Wednesday night. Tata, a Padma Vibhushan recipient, was undergoing treatment in intensive care since Monday but breathed his last in Mumbai, leaving a profound impact on many across the nation.
Kohli expressed his condolences through his Instagram account on Thursday morning, sharing a heartfelt message along with a photo of the late industrialist.
Tata’s contribution to business, society, and philanthropy has been widely acknowledged, and his passing marks the end of an era.
The Board of Control for Cricket in India (BCCI) secretary, Jay Shah, also conveyed his sorrow, stating, “Deeply saddened by the loss of Shri Ratan Tata Ji. His leadership, integrity, and dedication to society set a remarkable standard for legacy. My heartfelt condolences to his loved ones. Rest in peace, Sir.” Shah’s words reflect the collective grief of a nation that has long admired Tata’s contributions to the country.
BCCI’s tribute
Additionally, the BCCI issued a statement about his demise.
“The BCCI expresses its deepest sorrow and joins the nation in mourning the passing of Shri Ratan Tata ji. His invaluable contributions across diverse fields have been instrumental in shaping India’s growth and success story.
His extraordinary legacy, founded on the principles of passion, empathy, visionary leadership, innovation, and excellence, will continue to inspire and guide future generations for years to come,” the statement read.
Ratan Tata, born on December 28, 1937, in Mumbai, embarked on his journey with the Tata Group in 1962 as a young executive. Over the decades, he transformed the group into a global conglomerate. His work was acknowledged with India’s second-highest civilian honour, the Padma Vibhushan, in 2008, and he received numerous accolades, including honorary doctorates from prestigious institutions in India and abroad.
Tata is survived by his family, including brothers and sisters Simone Tata, Jimmy Tata, Noel Tata, Aloo Tata, Shireen Jejeebhoy, Deanne Jejeebhoy, Leah Tata, Maya Tata, Neville Tata, Manasi Tata, Jamset Tata, Tiana Tata, and others, as mentioned in a family statement.
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