Headline
  • Andhra Pradesh: Telangana TDP leader Dayakar Rao said extension in deadline to debate Telangana bill in assembly will be unacceptable
  • Assam: Union minister Oscar Fernandes arrives in Guwahati to attend the closing ceremony of 74th Indian Road Congress
  • Bihar: Maoists blast a panchayat building at Pio village in Giridih district in Jharkhand; no casualties, say police today
  • Chennai: CM urges PM to ensure release of 25 fishermen taken into custody by Lankan Navy to facilitate fishermen-level talks
  • Delhi: CM Arvind Kejriwal was hospitalised Wednesday morning due to severe lung congestion, an AAP party member said
  • Gujarat: Two persons killed as miscreants fired at a petrol pump office Tuesday night Botad in Bhavnagar, probe on
  • Haryana: Four persons killed, 13 hurt when maxi cab collided with truck near Dhani Toda village on Bhiwani-Loharu road Tuesday
  • Himachal Pradesh: CM directs officials to stop felling of trees for widening of road from Dharamsala to Bagli, say officials
  • Jammu and Kashmir: Srinagar-Jammu national highway closed for all sorts of vehicular traffic today following heavy snowfall
  • Karnataka: First joint session of state legislature in the new year begins at vidhana soudha in central Bangalore
  • Kerala: CM Tuesday demanded apology from AAP leader Kumar Vishwas for his alleged derogatory remarks against nurses from state
  • Kolkata: Govt will set up a puppet museum at Kankurgachi in Kolkata to preserve art of puppetry, announces minister Upen Biswas
  • Madhya Pradesh: A Sagar district court awards 3-years of jail to a head constable for taking bribe from an accused
  • Maharashtra: State Secondary and Higher Secondary School Principals Federation to protest in Pune Jan 27 for their pending demands
  • Mumbai: BJP leader Vinod Tawde demands principal secretary to probe the Jan 18 Malabar Hills stampede, which left 18 dead
  • Northeast: Agartala Municipal Council, oldest municipal body of northeast, Tuesday upgraded as a corporation
  • Odisha: Berhampur police Tuesday arrested 7 members of a gang involved in burglary cases on national highway in Ganjam dist
  • Punjab: AICC expands Punjab poll panel adding five new members, including former law minister Ashwani Kumar
  • Rajasthan: Jaipur administration extends holiday in schools till Class 5 to January 25 due to extreme cold condition
  • Tamil Nadu: CM urges PM to ensure release of 25 fishermen taken into custody by Lankan Navy to facilitate fishermen-level talks
  • UP East: Uttarakhand assembly Tuesday passed a new Lokayukta Bill modelled on Lokpal of the Centre
  • UP West: Uttarakhand assembly Tuesday passed a new Lokayukta Bill modelled on Lokpal of the Centre
  • West Bengal: Govt will set up a puppet museum at Kankurgachi in Kolkata to preserve art of puppetry, announces minister Upen Biswas
  • Andhra Pradesh: Actor Balakrishna files his nomination for Hindupur assembly seat as a candidate of Telugu Desam Party
  • Assam: Tension in Bihali reserve forest area as over 100 people from Arunachal try to occupy the disputed land; many detained
  • Bihar: A tiger was found dead near a forest in Valmiki Tiger Reserve in West Champaran district today, an official said
  • Chennai: DMK chief M Karunanidhi begins his third round of election campaigning at Sriperumpudur
  • Delhi: Thiruvananthapuram zoo to soon get a host of new animals, including blue bulls, from National Zoological Garden, Delhi
  • Gujarat: BJP leader LK Advani to hold roadshow and to interact with people at Sabarmati in Ahmedabad today
  • Haryana: State agriculture department to organise Agricultural Officers Workshop at CCSHAU in Hisar April 18-19
  • Himachal Pradesh: Air India flights on Delhi-Bhuntar route which were suspended 2 months ago due to shortage of passengers resume today
  • Jammu and Kashmir: National Conference candidate from Baramulla Lok Sabha constituency Sharifuddin Shariq files his nomination today
  • Karnataka: Public transport services to be hit in Bangalore and other cities as 1,800 KSRTC buses will be on poll-duty tomorrow
  • Kerala: Thiruvananthapuram zoo to soon get a host of new animals, including blue bulls, from National Zoological Garden, Delhi
  • Kolkata: Around 60 lakh voters in Darjeeling, Jalpaiguri, Cooch Behar and Alipurduar to seal fate of 47 candidates tomorrow
  • Madhya Pradesh: Election related material being distributed in 10 LS constituencies of the state where polling will be held tomorrow
  • Maharashtra: State govt forced to stop toll collection at 25 plazas in the state due to agitation by MNS, claims Raj Thackeray
  • Mumbai: State govt forced to stop toll collection at 25 plazas in the state due to agitation by MNS, claims Raj Thackeray
  • Northeast: Tension in Bihali reserve forest area as over 100 people from Arunachal try to occupy the disputed land; many detained
  • Odisha: A polling officer, heading for a polling station in Rajkanika in Kendrapara dist, dies after falling from a lorry
  • Punjab: BSF troopers shot dead a Pak smuggler near Raja Ka Tal BOP in Attari, recovered 8 packets of heroin and a pistol
  • Rajasthan: Youth caught red-handed while stealing a bike in RNT Medical College in Udaipur, say police today
  • Tamil Nadu: DMK chief M Karunanidhi begins his third round of election campaigning at Sriperumpudur
  • UP East: Ten people booked in Sambhal for burning effigy of EC to protest against ban on rallies of SP leader Azam Khan in UP
  • UP West: Ten people booked in Sambhal for burning effigy of EC to protest against ban on rallies of SP leader Azam Khan in UP
  • West Bengal: Around 60 lakh voters in Darjeeling, Jalpaiguri, Cooch Behar and Alipurduar to seal fate of 47 candidates tomorrow
Sensex trades flat as metal, oil and gas stocks plummet
Sensex trades flat as metal, oil and gas stocks plummet

IANS

Mumbai, Jan 31: A benchmark index for Indian equities markets was trading flat in the afternoon trade Thursday, even as several banks announced cuts in their lending rates.

Several banks, including the State Bank of India (SBI), cut the rates following the Reserve Bank of India's (RBI) decision to lower key lending rates in its third quarterly review of monetary policy.

There was heavy buying in the interest rate sensitive consumer durables and banking stocks.

However, metal, oil and gas and information technology (IT) stocks came under selling pressure.

The 30-scrip Sensex, which opened at 19,987.28 points, was ruling at 19,973.22 points, down 31.78 points or 0.16 percent around 12.30 p.m. from its previous close at 20,005.00 points.

The RBI Tuesday cut the short-term lending rate to 7.75 percent after a gap of nine months, and reduced the Cash Reserve Ratio (CRR) to 4 percent - which it hopes will translate into lowering of home, auto and corporate loans cost and improve liquidity in the system.

The Sensex touched an intra-day high of 20,008.83 points and a low of 19,9938.94 points. The midcap index was up 21.18 points, while the smallcap index was marginally higher by 2.79 points.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) was trading marginally higher by 1.15 points or 0.02 percent at 6,056.90 points.

Major indices were up. The bank index was up 79.77 points followed by the public sector undertakings (PSU) index, which was up 68.45 points. The consumer durables index was up 32.36 points.

However, the metal index was down 32.18 points. And so was the oil and gas index, which was down 28.97 points. The IT index was lower by 12.81 points.

Among other Asian markets, Japan's Nikkei was up 0.22 percent, while Hong Kong's Hang Seng was lower by 0.38 percent. China's Shanghai Composite Index was trading up by 0.15 percent.

© 2014 IANS India Private Limited. All Rights Reserved.
The reproduction of the story/photograph in any form will be liable for legal action.

For news, views and gossips, follow @IANSLIVE at Twitter. Find us on Facebook too!

Update: 31-January-2013

Comments: [0]

RELATED NEWS
RELATED TOPICS

BUSINESS



Add your comment

Name : *


Email : *


Comments : *

Reload Image
Code:

Comments



VIDEO GALLERY

POLL

3
Do you think the entry of Amar Singh in the RLD has upset poll strategies of major parties in UP ?

Yes

No

Can't say


Please answer this simple math question

4 + 4 =

WEATHER UPDATE

----WEATHERHOMEFILEPATH

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player