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Sensex tanks 1,248 points, Nifty settles below 23,100 on spike in crude oil

Sensex tanks 1,248 points, Nifty settles below 23,100 on spike in crude oil

Mumbai, Sep 24 (PTI) Benchmark indices fell sharply on Thursday, with the Sensex tumbling 1,247.71 points and the Nifty declining to 23,063, following a spike in crude oil prices and selling in blue-chip Reliance Industries and bank stocks. Weak global trends also dampened investor sentiment. The 30-share BSE Sensex tanked 1,247.71 points, or 1.67 per cent, to settle at 73,580.54. During the day, it plummeted 1,264.33 points, or 1.68 per cent, to 73,563.92. The 50-share NSE Nifty dropped 383.70 points, or 1.64 per cent, to end at 23,063.10. Among the 30 Sensex firms, 29 ended lower. Bajaj Finance dropped 5.47

CJP threatens ‘Jantar Mantar 2.0’ if CEC Gyanesh Kumar does not resign

New Delhi, Sep 24 (PTI) The Cockroach Janta Party (CJP) on Thursday demanded the resignation of Chief Election Commissioner Gyanesh Kumar for “undermining” voter rights, and warned of a nationwide agitation, including “Jantar Mantar 2.0”, if he does not step down within 48 hours. Speaking at a press conference here, CJP founder Abhijeet Dipke alleged that the electoral process had been “rigged” and the right to vote was being taken away from citizens. “If Gyanesh Kumar does not resign within 48 hours, we will start a nationwide protest, before coming for a protest in Delhi,” Dipke said, adding that if

Rupee plunges 23 paise to 95.96 against US dollar amid spike in crude oil

Rupee plunges 23 paise to 95.96 against US dollar amid spike in crude oil

Mumbai, Sep 24 (PTI) The rupee weakened by 23 paise to settle at 95.96 (provisional) against the US dollar on Thursday, dragged by a surge in crude oil prices and a strong greenback amid geopolitical uncertainties. According to forex traders, the domestic currency was also weighed down by heavy selling in domestic equity markets as investors moved toward risk aversion, adding strength to the dollar, even as rising inflation concerns pushed US bond yields higher. At the interbank foreign exchange market, the rupee opened at 95.84 and touched the intraday low of 95.98 against the American currency. The unit finally

‘Goa CEO implementing Method Of Disenfranchising Indians (MODI)’: Congress on SIR row

‘Goa CEO implementing Method Of Disenfranchising Indians (MODI)’: Congress on SIR row

New Delhi, Sep 24 (PTI) Amid reports of differences within the EC over SIR, the Congress on Thursday alleged that Gen Z is being targeted for exclusion and pressed for its demand that Chief Election Commissioner Gyanesh Kumar must resign immediately. The opposition party also said Prime Minister Narendra Modi and Home Minister Amit Shah will be held accountable for their “diabolical designs”. Congress general secretary Jairam Ramesh said after the sensational revelations in a leading national daily on Wednesday on the shocking manner in which the CEC has completely “destroyed the integrity, credibility and competence of the Election Commission,

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