A muted Dhanteras as benchmark indices succumbed to selling pressure again. Weak global cues and Fed taper fears pulled the Sensex down 109 points and the Nifty fell by 40.70 points.
The BSE Sensex declined by 109 points due to losses in index major Reliance Industries, Tata Steel and ICICI Bank.
The 30-share index ended 109.40 points or 0.18 per cent lower at 60,029.06 with 16 of its constituents closing in red.
The broader NSE Nifty fell by 40.70 points or 0.23 per cent to 17,888.95 as metal, IT and energy stocks declined.
A distinguished panel of geopolitical experts discusses the findings of the 'Mood of the Nation' poll regarding India's foreign policy, noting that the India-US relationship is 'steadily going downhill', with 54% of respondents believing ties have worsened during Donald Trump's second term. The discussion highlights that 45% of the public supports reciprocal tariffs against the US.
The India Today-CVoter 'Mood of the Nation' poll, a comprehensive survey with a sample size of over 90,000 participants, indicates and highlights the public's perception of economic management, where 54% of respondents prefer Prime Minister Narendra Modi's handling of the economy compared to 36% for former PM Dr Manmohan Singh.
In this exclusive interaction, India's Chief Economic Advisor V Anantha Nageswaran discusses the priorities outlined in the latest Economic Survey and the trajectory of the country's 'reform yatra'. Addressing concerns over global instability, Nageswaran stated, 'The answer is we are prepared and that's it,' emphasizing that the government is investing in domestic capabilities to counter persistent volatility in the global landscape. He highlighted the success of deregulation at both union and state levels, noting that India has exceeded job creation targets by generating 15 million jobs in the last two years. The discussion also covered the landmark trade deal with the European Union, which Nageswaran believes will significantly benefit labor-intensive sectors like textiles and gems. On the subject of Foreign Direct Investment, he noted that resolving tariff uncertainties and maintaining policy predictability remain key to attracting global value chains. Nageswaran remains optimistic about India's 'Goldilocks phase', asserting that the current economic momentum is a result of cumulative efforts over the past decade.
Pinky Mali, 29, a dedicated cabin crew member, left for work that morning and never returned.
