Indian equities surged to fresh records on Wednesday as a spurt in the last half hour of trade helped the Sensex surpass 63,000 for the first time.
Cash-strapped Vodafone Idea (Vi) has dialled State Bank of India (SBI) for a ₹15,000-16,000 crore loan to meet its immediate 4G capex needs, fund gear supply contracts for its pending 5G rollout and to clear some sizeable vendor dues, three people aware of the matter said.
The widespread protests in China against the strict restrictions under its zero Covid policy and the spreading pandemic could impact India’s consumer electronics, gold, diamonds, and engineering goods sectors, industry executives said.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
ETPrime stories of the day
Is there a deep value in low PE stocks? Things to keep in mind before investing.
4 insights to kick-start your day, featuring Tata’s Apple moves
China renews focus on data security amid heightened geopolitical tension with the West
Trending Now
Popular Categories
Hot on Web
In Case you missed it
Top Calculators
Top Searched Companies
Top Definitions
Most Searched IFSC Codes
Top Prime Articles
Top Story Listing
Top Slideshow
Top Trending Topics
Top Videos
Private Companies
Popular Articles
Most Searched Articles
Trending Articles
Follow us on:
Find this comment offensive?
Choose your reason below and click on the Report button. This will alert our moderators to take action
Reason for reporting:
Your Reason has been Reported to the admin.
Log In/Connect with:
Will be displayed
Will not be displayed
Will be displayed
Stories you might be interested in
