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The
benchmark indices settled over 0.5 per cent lower on Thursday on expiry of
September series Futures and Options (F&O) contracts.The S&P BSE Sensex ended at 36,324, down 218
points, while the broader Nifty50 index settled at 10,978, down 76 points.Among sectoral indices, the Nifty Bank index
settled 1.3 per cent lower due to a fall in the shares of YES Bank, which
cracked 9 per cent to end at Rs 203.60.Shares of select consumer durable companies, too, fell on
Thursday, after the government raised import duties on 19 essential items,
including refrigerators, air conditioners, and jet fuel. Voltas fell over 6 per
cent to Rs 536 on the BSE. Havells India settled at Rs 612, over 5 per cent
down. Aviation stocks also slipped as the government imposed an import
tariff Private power producer Tata Power and state-run Hindustan
Petroleum Corporation (HPCL) on Thursday announced a memorandum of
understanding (MoU) for setting up the electric vehicle (EV) charging stations
at HPCL retail outlets and other locations across India. The two companies will
also explore other opportunities for collaboration in renewable energy.
"Tata
Power and HPCL, through this new landmark MoU, have agreed to collaborate
in planning, development and operation of charging infrastructure for electric
vehicles (e-cars, e-rickshaws, e-bikes, e-buses, etc.), at suitable
locations across India. Both the entities also intend to explore areas of
opportunities and collaboration in related fields like renewable energy," Tata
Power said in a statement today.
TOP GAINERS:INFRATEL,TCS,INFY
MAJORLOOSERS: YESBANK,MARUTI,BAJAJFINSV
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