Nirmala sithamran - Latest News Update, Information, Photos & Videos on Nirmala sithamran at Lokmat Times

Mumbai (Maharashtra) [India], Mar 26 : Equity benchmark indices closed over 4 per cent higher on Thursday as Finance Minister Nirmala Sithamran announced a Rs 1.7 lakh crore stimulus package to provide various relief measures for the poor amid downturn caused by the coronavirus outbreak.Market sentiment also improved after the US Senate unmously passed a two trillion dollar stimulus package meant to cushion the economic blow of COVID-19 for American workers and businesses.Besides, value buying in banking stocks lifted the benchmark indices higher. The BSE S&P Sensex closed 1,411 points or 4.94 per cent higher at 29,947 while the Nifty 50 edged higher by 324 points or 3.89 per cent to 8,641.All sectoral indices at the National Stock Exchange were in the positive zone with Nifty private bank up by 8.2 per cent, financial service by 5.7 per cent, realty by 7.3 per cent and FMCG by 4.9 per cent.Among stocks, IndusInd Bank touched the upper circuit in the afternoon session, snapping an eight-day losing streak and clocking the biggest-ever intra-day gain. It finally closed 46 per cent higher at Rs 440 per share.Kotak Mahindra Bank gained by 6.4 per cent while Bajaj Finance ticked up by 9.2 per cent.The other prominent winners included Larsen & Toubro, Bharti Airtel, Hero MotoCorp, Bajaj Auto and HDFC.However, GAIL lost by 3.3 per cent while HCL Technologies, Tech Mahindra, Sun Pharma and Tata Steel traded with a negative bias.Meanwhile, Asian shares lost momentum. Japan's Nikkei slumped by 4.51 per cent, Hong Kong's Hang Seng index by 0.7 per cent and South Korea's Kospi by 1.09 per cent.The US Senate passed a two trillion dollar stimulus package to cushion the economic blow of coronavirus pandemic for American workers and businesses. The package includes billions of dollars in credit for struggling industries bill needs to be passed by the Democrats-led House.( With inputs from ANI )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Salman Khan

Nirmala SithamranFOLLOW

Nirmala sithamran, Latest News

National :Budget 2022: 'The 5G Telecom spectrum auction will be held in 2022" says FM

Finance Minister Nirmala Sitharaman on Tuesday announced that the 5G Telecom spectrum auction will be held in 2022 and ... ...

National :Budget 2022: Top announcements so far in Budget 2022 by FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman, while presenting the Union Budget the Union Finance Minitser has made several announcements so far. ... ...

National :Budget 2022: Watch the live coverage of Union Budget 2022 here at 11 am

The final Budget date of 2022 has been released, The finance minister Nirmala Sitaraman on February 1 at 11 ... ...

National :Opposition slams BJP over free COVID-19 vaccine promise in Bihar manifesto

Chhattisgarh Chief Minister Bhupesh Baghel on October 22 accused the BJP of politicising public health by promising free COVID-19 ... ...

Maharashtra :Equity indices jump on Rs 1.7 lakh crore stimulus package to tide over COVID-19 fallout

Equity benchmark indices closed over 4 per cent higher on Thursday as Finance Minister Nirmala Sithamran announced a Rs 1.7 lakh crore stimulus package to provide various relief measures for the poor amid downturn caused by the coronavirus outbreak. ...