Pakistan Prime Minister Shehbaz Sharif landed in Turkey for a two-day visit to the Western Asian country for deepening the defence cooperation between the two countries. Islamabad [Pakistan]: Pakistan Prime Minister Shehbaz Sharif landed in Turkey for a two-day visit to the Western Asian country for deepening the defence cooperation...
The post appeared first on .
Pakistan Prime Minister Shehbaz Sharif landed in Turkey for a two-day visit to the Western Asian country for deepening the defence cooperation between the two countries. Islamabad [Pakistan]: Pakistan Prime Minister Shehbaz Sharif landed in Turkey for a two-day visit to the Western Asian country for deepening the defence cooperation...
The post appeared first on .
Pakistan Prime Minister Shehbaz Sharif landed in Turkey for a two-day visit to the Western Asian country for deepening the defence cooperation between the two countries. Islamabad [Pakistan]: Pakistan Prime Minister Shehbaz Sharif landed in Turkey for a two-day visit to the Western Asian country for deepening the defence cooperation...
The post appeared first on .
Pakistan Prime Minister Shehbaz Sharif landed in Turkey for a two-day visit to the Western Asian country for deepening the defence cooperation between the two countries. Islamabad [Pakistan]: Pakistan Prime Minister Shehbaz Sharif landed in Turkey for a two-day visit to the Western Asian country for deepening the defence cooperation...
The post appeared first on .
Taking to Twitter, Sharif said, "Being in Turkey feels like being home, overwhelmed by the warmth of our Turkish brothers and sisters. Our bilateral ties have entered a new era of strategic partnership under the leadership of President Erdogan. We are on course to unpack the full untapped potential of relationship."
Islamabad [Pakistan], July 31 (ANI): Officers of the Foreign Office (FO) threatened to go on strike over the imposition of income tax on their foreign allowance.
Islamabad [Pakistan], March 30 (ANI): Pakistani media has refuted the allegations made by the country's Prime Minister Imran Khan that there is an international conspiracy to oust him through a vote of no-confidence motion moved by the opposition parties.
Mumbai Dec 30 PTI Benchmark stock indices Sensex and Nifty ended marginally down on Thursday due to losses in oil and gas metal and auto stocks as investors remained cautious amid surging Omicron cases The 30-share BSE Sensex closed lower by 1217 points or 002 per cent at 5779432 amid the monthly expiry of derivatives contracts As many as 14 of its stocks declined while 16 advanced The broader NSE Nifty edged down by 965 points or 006 per cent to 1720395 with 27 of its constituents closing in the red Analysts said benchmark stock indices continued to trade in a narrow range on the back of thin volumes due to tepid investor activity ahead of the year-end Reliance Industries was the top loser in the Sensex pack falling nearly 2 per cent due to profit-booking by investors Tata Steel declined by 134 per cent Maruti Suzuki by 082 per cent and Bajaj Finance by 063 per cent Sun Pharma SBI Nestle MM and UltraTech were among the losers On the other hand NTPC rose by 313 per cent to emerge as the biggest gainer among Sensex peers HCL Tech rose by 194 per cent Titan by 185 per cent and IndusInd Bank by 174 per cent Titan Wipro and Dr Reddys were also among the gainers On a monthly expiry day the markets had a rollercoaster ride The start was weak amid a muted show of global peers due to concerns with regards to the rise in Omicron cases Selling pressure in sectors such as metals PSU banks and Oil Gas impacted sentiments Ajit Mishra VP - Research Religare Broking Ltd said Vinod Nair Head of Research at Geojit Financial Services stated that domestic bourses witnessed a choppy session lifted by gains in IT and healthcare stocks on the day of the monthly FO expiry Globally the markets were mixed as investors are weighing the consequences of a third wave amid surging inflation worldwide Banking stocks especially PSUs were under pressure as RBIs financial stability report suggested a surge in bad loans with NPAs rising from 69 per cent in September 2021 to 81 per cent in September 2022 under the base case scenario Nair commented In the larger market the BSE Midcap Index declined by 022 per cent while the BSE SmallCap Index advanced by 019 per cent Among sectoral indices BSE Energy dropped by 162 per cent Oil Gas by 143 per cent BSE Metal by 115 per cent and BSE Realty by 099 per cent On the other hand BSE IT advanced nearly 1 per cent followed by BSE Teck Consumer Durables and Bankex FIIs have sold equities worth almost USD 27 billion in December This is the 3rd consecutive month wherein FIIs would be the net sellers Overall FIIs continue to be the net sellers for the entire year 2021 Rahul Gupta AVP-Derivative Sales Institutional Equity Emkay Global Financial Services said Going forward two important things to watch out for in the market is the spread of the new variant Omicron and at the same time how the Fed policy panes out he added After a muted opening the Nifty moved in a narrow range between 17150 and 17250 It made a couple of attempts to hold on to the higher terrain at 17250 but slipped from the level due to a lack of follow-through buying interest Shrikant Chouhan Head of Equity Research Retail Kotak Securities Ltd said Elsewhere in Asia bourses in Shanghai and Hong Kong ended with gains while Seoul and Tokyo were in the red Stock exchanges in Europe were trading on a mixed note in mid-session deals Meanwhile international oil benchmark Brent crude declined 068 per cent to USD 7869 per barrel Foreign institutional investors FIIs were net sellers in the capital market as they offloaded shares worth Rs 97523 crore on Wednesday according to stock exchange data PTI BAL MR MR
Islamabad [Pakistan], November 6 (ANI): At the weekly media briefing of the Foreign Office on Thursday, the FO spokesman refrained from giving a detailed response on the issue of airspace to the US.
Mumbai Oct 28 PTI Posting its biggest one-day rout in over six months the BSE Sensex nosedived 1159 points on Thursday as investors unwound long positions on expiry of monthly derivative contracts amid a string of lacklustre earnings and cautious sentiment overseas Banking FMCG and energy shares came under heavy selling pressure while midcap and smallcap counters also suffered hefty losses Sliding for the second straight session the 30-share BSE benchmark tanked 115863 points or 189 per cent to close at 5998470 This was its biggest drop since April 12 this year when it had plunged 1708 points Similarly the broader NSE Nifty plummeted 35370 points or 194 per cent to finish at 1785725 ITC was the top loser in the Sensex pack tumbling 554 per cent a day after reporting a lower-than-estimated 1009 per cent increase in consolidated net profit for the second quarter ICICI Bank Kotak Bank Axis Bank Titan SBI and HDFC Bank were among the other major laggards shedding as much as 439 per cent Only six Sensex counters managed to close in the green IndusInd Bank topped the gainers chart with a jump of 294 per cent after clocking a 73 per cent rise in Q2 net profit LT UltraTech Cement Asian Paints Maruti and Bajaj Finance were the other winners Investors lost Rs 482 lakh crore in Thursdays session with the market capitalisation of all BSE-listed companies standing at Rs 2604894980 crore In our view in addition to weak global cues unwinding of long positions especially in financials on FO expiry which had seen sharp rally in recent period were the prime reasons for sharp market correction today said Binod Modi Head - Strategy at Reliance Securities Vinod Nair Head of Research at Geojit Financial Services said Bears continued to dominate domestic indices tracking cues from weak Asian and European markets ahead of a policy update from the European Central Bank Globally investors are on the edge awaiting the US GDP data releasing later in the day along with the outcome of the Fed meeting scheduled for next week he added Sectorally barring capital goods all BSE sectoral indices notched up losses led by realty bankex power utilities and oil and gas Broader BSE midcap and smallcap indices tumbled up to 156 per cent World stocks remained range-bound as investors monitored corporate earnings ahead of key central bank meetings Elsewhere in Asia bourses in Shanghai Hong Kong Seoul and Tokyo ended with losses Stock exchanges in Europe were also trading in the red in mid-session deals Meanwhile international oil benchmark Brent crude slipped 111 per cent to USD 8294 per barrel The rupee gained 11 paise to close at 7492 against the US dollar as easing crude oil prices lent some support to the local currency Foreign institutional investors were net sellers in the capital market on Wednesday as they offloaded shares worth Rs 191336 crore as per exchange data PTI ANS ABM ABM