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Stock markets slump over 1 pc after sharp rally; Sensex tanks 1,282 pts

Mumbai, May 13 (PTI) Stock markets tumbled on Tuesday with benchmark Sensex falling by 1,282 points due to profit-taking in IT and FMCG shares a day after a record rally. The 30-share BSE barometer tanked 1,281.68 points or 1.55 per cent to settle at 81,148.22 with 25 of its constituents closing with losses and five with gains. During the day, it fell sharply by 1,386.21 points or 1.68 per cent to 81,043.69. The broader Nifty of NSE dropped 346.35 points or 1.39 per cent to 24,578.35. From the Sensex firms, Infosys declined by 3.54 per cent. Power Grid, Eternal, HCL

Rupee gains 3 paise to settle at 85.33 against US dollar

Mumbai, May 13 (PTI) The rupee pared most of its initial gains to settle 3 paise higher at 85.33 (provisional) against the American currency on Tuesday, due to rising appetite for riskier assets amid easing trade tariff tensions. However, rising crude oil prices, a strong US dollar and the emergence of profit booking in domestic equities restricted the rise of the domestic unit, traders said. At the interbank foreign exchange, the domestic unit opened at 84.70 and moved between the intra-day high of 84.62 and the low of 85.48 against the greenback. The unit ended the session at 85.33 (provisional),

Health differences between men, women involve social factors, not only biological: Study

New Delhi, May 13 (PTI) Genetics may not solely explain the biology which cause different health risks, symptoms and outcomes between men and women — social factors such as neighbourhood and lifestyle too need to be looked at, according to a study. The research, led by Queen Mary University, UK, analysed genetic links between nearly 6,000 proteins and diseases in 56,000 people. A “very small” fraction — around 100 proteins — were found to be responsible for differing levels of majority of the 6,000 proteins studied between men and women. Findings, published in the journal Nature Communications, “clearly show that

Indian border villagers want recompense for damages in Pakistan clashes

JAMMU/SRINAGAR, May 13 (Reuters) – Nuclear-armed rivals India and Pakistan are maintaining a ceasefire that ended four days of intense military clashes, but many in the Indian-ruled part of disputed Kashmir are demanding compensation for damages from cross-border firing. Hundreds of villagers evacuated their homes as the rivals targeted each other’s military installations with missiles and drones, killing about 70 civilians, after New Delhi struck what it called terrorist camps across the border. Many returned to find their homes destroyed or roofless. “Where will we go with our kids? We don’t have anywhere to live and anything to eat,” said

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