Sensex down 550 points, Nifty slips below 11,000 on sharp afternoon selloff, as liquidity fears hurt

Sensex down 550 points, Nifty slips below 11,000 on sharp afternoon selloff, as liquidity fears hurt

The Indian stock market continued its downward trajectory on Monday, with the benchmark Sensex index of the BSE cracking over 600 points, and 50-share Nifty plunging below 11,000-mark.

Rupee falls 53 paise against USD amid weak stock markets, higher crude oil prices
Rupee falls 53 paise against USD amid weak stock markets, higher crude oil prices

Rupee vs USD: Strong US dollar, along with heavy sell-off in the domestic stock market and higher crude oil prices, weighed on the rupee's sentiment.

All-New Mahindra Scorpio India launch details confirmed: New design likely to challenge Tata Harrier SUV
All-New Mahindra Scorpio India launch details confirmed: New design likely to challenge Tata Harrier SUV

The new Mahindra Scorpio will get a major design upgrade with more aggressive SUV stance and will take on the likes of Tata Harrier and Jeep Compass. The company also confirms that it will expand the range of Mahindra TUV300 and Mahindra KUV100.

Hyderabad Metro Rail: Good news for commuters as services start on Ameerpet-L B Nagar route from today
Hyderabad Metro Rail: Good news for commuters as services start on Ameerpet-L B Nagar route from today

From today onwards, Hyderabad Metro Rail is all set to start services on a 16-km long stretch between Ameerpet and L B Nagar, making the entire phase of Corridor 1 operational. After testing and commissioning, the commissioner for Metro Rail Safety has issued the safety certificate for metro operations on this stretch.

IL&FS not a big concern, can be resolved, says SBI Chairman; why SBI's exposure is protected
IL&FS not a big concern, can be resolved, says SBI Chairman; why SBI's exposure is protected

Even as rising liquidity worries at ailing IL&FS are creating worries for banks, debt, and stock markets, SBI Chairman says there is no cause for concern.

How to become rich: 5 signs that you will become a corepati one day
How to become rich: 5 signs that you will become a corepati one day

Millionaires cultivate money habits and qualities that are a notch above the rest. If you are one among those who are already on the right financial path, you will become rich one day.

Rupee fall unlikely to be reversed by government's plan to boost capital inflow; here's why Moody's says so
Rupee fall unlikely to be reversed by government's plan to boost capital inflow; here's why Moody's says so

The five-pronged strategy announced by the government to increase capital inflow into the country is unlikely to reverse the rupee depreciation, Moody's Investors Service said Monday.

AUTOMOBILES

All-New Mahindra Scorpio India launch details confirmed: New design likely to challenge Tata Harrier SUV
All-New Mahindra Scorpio India launch details confirmed: New design likely to challenge Tata Harrier SUV

The new Mahindra Scorpio will get a major design upgrade with more aggressive SUV stance and will take on the likes of Tata Harrier and Jeep Compass. The company also confirms that it will expand the range of Mahindra TUV300 and Mahindra KUV100.

Horoscope: By Peter Vidal

Today ( 24 Sep )This Week ( 23 Sep - 29 Sep )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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