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Sensex jumps 1,006 pts on buying in Reliance after Q4 results, foreign fund inflows

Mumbai, Apr 28 (PTI) Benchmark BSE Sensex soared by 1,006 points to close above 80,000 level on Monday as a sharp rally in Reliance Industries and private banks, and foreign fund inflows helped stock markets cut short two days of fall amid India-Pakistan border tensions. The 30-share BSE Sensex jumped 1,005.84 points or 1.27 per cent to settle at 80,218.37 with 23 of its constituents ending with gains and seven in the red. During the day, it surged 1,109.35 points or 1.40 per cent to 80,321.88. The NSE Nifty rallied 289.15 points or 1.20 per cent to close at 24,328.50.

Gold declines Rs 1,000 to Rs 98,400/10 gm amid US-China trade deal optimism

New Delhi, Apr 28 (PTI) Gold prices declined Rs 1,000 to Rs 98,400 per 10 grams in the national capital on Monday amid weak global trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 99,400 per 10 grams on Thursday. Gold of 99.5 per cent purity depreciated Rs 1,000 to Rs 97,900 per 10 grams against the previous close of Rs 98,900 per 10 grams. “Gold prices continued to decline as easing US-China trade tensions boosted investors’ risk appetite, reducing demand for safe-haven assets like bullion while a stronger

Age no bar: At 84, scientist earns MBA degree from IIM; next step PhD

New Delhi, Apr 28 (PTI) For Dr Girish Mohan Gupta, age is not a limitation; it is merely a statistic. At the age of 84, when most people prefer to slow down, looking forward to their retirement, the veteran scientist and entrepreneur has added another feather to his cap — an MBA degree from IIM-Sambalpur — and is already preparing for his next academic journey, a PhD in management. “There is no age limit for learning,” said Gupta after receiving his degree from the prestigious institute last week. “As long as you are curious and willing, every day becomes a

Rupee rises 38 paise to close at 85.03 against U.S. dollar

Mumbai, Apr 28 (PTI) The rupee appreciated 38 paise to close at 85.03 (provisional) against the U.S. dollar on Monday, supported by sustained foreign fund inflows, easing crude oil prices and a bullish trend in domestic equities. Forex traders said strong domestic fundamentals, such as rising forex reserves also boosted investor sentiments. At the interbank foreign exchange, the domestic unit opened at 85.29 and moved between the intra-day high of 84.96 and the low of 85.42 against the greenback. The unit ended the session at 85.03 (provisional), registering a gain of 38 paise over its previous closing level. On Friday,

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