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Stock markets end lower in choppy trade; Sensex declines 114 points

Mumbai, May 7 (PTI) Benchmark indices ended lower in a choppy trade on Thursday, with the Sensex declining 114 points, as investors turned cautious amid unabated foreign fund outflows and rising geopolitical uncertainties. After facing heavy fluctuations during the day, the 30-share BSE Sensex ended 114 points or 0.15 per cent lower at 77,844.52. During the day, the benchmark hit a high of 78,384.70 and a low of 77,713.21, gyrating 671.49 points. The 50-share NSE Nifty dipped 4.30 points, or 0.02 per cent, to end at 24,326.65. From the Sensex firms, Hindustan Unilever, Tata Consultancy Services, Tech Mahindra, Titan, Sun

Rupee rises 23 paise to close at 94.26 against US dollar

Mumbai, May 7 (PTI) The rupee pared initial losses and settled for the day on a positive note, higher by 23 paise at 94.26 (provisional) against the greenback on Thursday, as Brent crude and the US dollar index retreated from their elevated levels. Forex traders said Brent oil prices have fallen below USD 100 per barrel on a rise in investor risk appetite in global markets on hopes of peace between the US and Iran. However, factors such as unabated foreign capital outflows and safe-haven dollar demand from importers capped sharp gains for the rupee. At the interbank foreign exchange

Hundreds arrested after post-poll violence kills at least three in Bengal

NEW DELHI, May 7 (Reuters) – Hundreds of people were arrested after post-election violence erupted this ​week in West Bengal state, killing ‌at least three people, including the aide to a senior leader of Prime Minister Narendra ​Modi’s Bharatiya Janata Party. Here are some ​details. Modi’s BJP defeated incumbent Chief Minister Mamata ⁠Banerjee’s Trinamool Congress (TMC) in the election in ​West Bengal state, where she has held ​power since 2011. Banerjee has refused to resign, saying she has “not been defeated” and accusing the Election Commission ​of colluding with the BJP to win ​the election. More than 200 criminal cases

Stock markets turn flat in volatile trade

Mumbai, May 7 (PTI) Benchmark indices Sensex and Nifty declined in early deals on Thursday in a highly volatile trade as investors turned cautious amid unabated foreign fund outflows and rising geopolitical uncertainties. The 30-share BSE Sensex declined 160.24 points to 77,798.28 in early trade. The 50-share NSE Nifty dipped 30.25 points to 24,300.70. Later both the benchmark indices were trading between highs and lows. From the 30-Sensex firms, Tata Consultancy Services, Hindustan Unilever, Adani Ports, Power Grid, Tech Mahindra and Sun Pharma were among the laggards. Mahindra & Mahindra, Eternal, Tata Steel, UltraTech Cement, ICICI Bank and Maruti were

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