Best Proverb of the Day: Chi ha il pane non ha i denti, e chi ha i denti non ha il pane translates as Those who have bread have no teeth, and those who have teeth have no bread. The Italian proverb reflects the irony of circumstances, where people may possess an opportunity without being able to enjoy it, while those capable of using it may lack access.
ISRO is not privatised: Narayanan addresses concerns over private sector push after space reforms
West Bengal cabinet approves remuneration hike of over one lakh staff
West Bengal government will enhance employee remuneration benefiting over one lakh people. Forest officials and volunteers will see increased monthly payments starting soon. Former MLAs' medical allowance is also being raised significantly from August. Primary and upper primary para teachers will receive a substantial pay hike. A bill for inter-university staff transfers will be presented in assembly.
CBIC releases import clearance checklist for cosmetics, drugs, and medical devices
The CBIC has introduced a new checklist for customs officers reviewing imports. This standardized process aims to streamline clearances for drugs and medical devices. Businesses must upload all required documentation onto the e-SANCHIT portal. Industry experts welcome the shift towards a more transparent digital verification.
Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'
Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is accessible and exposed to potential strikes. Iranian officials announced plans for a new restricted zone in the Gulf. This zone would impact shipping through the vital Strait of Hormuz. The conflict has also affected oil prices and regional economies.
Quote of the day by Annie Potts presents a compelling life lesson about creativity, performance and moving on. Her theater background taught her to experience a performance as something immediate rather than something that must be endlessly examined afterward. In an age when recorded work can be replayed indefinitely, that perspective feels surprisingly relevant.
INR slides as surging crude oil prices offset support from strong FCNR dollar inflows
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Large currency speculators slightly increase net short position in Pound futures market
Large currency speculators slightly add to net shorts in Pound futures market, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net short position of 49575 contracts in the data reported through September 01 2026. This was a weekly increase of 5051 net short contracts.
Word of the Day: Know what stied means and how this rare English word is used
Word of the Day stied refers to something kept, lodged or confined in a sty, the enclosure traditionally used for pigs. The uncommon word is the past tense and past participle of sty. While rarely used in everyday English today, stied remains a legitimate dictionary word and reflects the long history of sty in the English language.
Garuda signs MoU for 93-storey landmark tower in Jeddah, KSA
Dream City Builders (formerly known as Garuda Arabia), a wholly owned subsidiary of Garuda Construction and Engineering, has entered into a Memorandum of Understanding (MoU) with M/s. Almasarat Company in connection with the proposed construction and development of a 93-storey landmark tower in Jeddah, Kingdom of Saudi Arabia. The project is expected to garner revenue of Rs 1,800 crore over the five year construction period.
NBFC credit deployment soars around 15% on year, retail loans growth accelerated to 21.4%
Reserve Bank of India (RBI) has released data on sectoral deployment of credit by non-banking financial companies (NBFCs) for the month of July 2026, collected from major NBFCs and housing finance companies (HFCs). On a year-on-year (y-o-y) basis, NBFCs' credit registered a growth of 14.9 per cent in July 2026 as compared to 10.6 per cent a year ago.
BCPL emerges L1 for Rs 54.74-cr Eastern Railways project
(i)Replacement of over aged catenary wire & contact wire and droppers (Durgapur - Sitarampur) (ii)Replacement of overage old structures in Panagarh - Waria section of ASN Division.
Pranav Constructions IPO subscribed 5.69 times
The offer received bids for 12.78 crore shares as against 2.24 crore shares on offer.
National Aluminium secures DX+ Ultra aluminium smelting technology for its Anugola expansion project
Signs technology license agreement with Emirates Global Aluminium
Quick Wrap: Nifty Media Index registers a drop of 2.86%
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JLR updates on its strategic transformation programme
Aims to save 1.7 billion over next two years to reduce its break-evens towards 300,000 units
Board of RBL Bank approves fund raising up to USD 1B under EMTN programme
At meeting held on 07 September 2026
Mark Zuckerberg owns multiple properties with his wife Priscilla Chan, including their recent purchase of a gothic castle in Ireland. The couple also own two lakefront estates, a residential home in Palo Alto, ranches in Hawaii and several more mansions and properties in the US. Check all.
Ireo Boulevard Wins Times Realty Recognition for Its Distinctive Luxury Retail Experience
Gurugram (Haryana) [India], September 7: Ireo Boulevard has been recognised at the Times Realty & Infrastructure Conclave Awards 2026 for Excellence in Luxury Retail and Thematic Project, reaffirming its distinctive approach to luxury retail that brings together India's leading designers, world-class architecture, sustainability, and curated lifestyle experiences.
ZF Steering's Maharashtra-based electrical division commences commercial production
ZF Steering Gear (India) said that DriveSys Systems, a wholly owned subsidiary of the company, has successfully commenced commercial production at its electrical division located at Nagapur, Ahilyanagar District, Maharashtra.
Nifty ends below 23,800 level; media shares under pressure
As per provisional closing data, the S&P BSE Sensex declined 382.62 points or 0.50% to 76,132.81. The Nifty 50 index lost 118.55 points or 0.50% to 23,779.15.
HyperVault (a TCS arm) secures 264-acre land for Hyderabad AI data center campus
HyperVault, a subsidiary of Tata Consultancy Services (TCS) has secured 264 acres of land to develop a large-scale AI data center campus of up to 1GW capacity in Hyderabad.
Japan markets extend gains as technology stocks rally
Japanese technology stocks also tracked gains in US chipmakers and memory stocks. Kioxia Holdings and SoftBank Group surged 9.3% and 11.2%, respectively, while Advantest, Taiyo Yuden and Ibiden also posted strong gains.
China markets mixed as technology stocks lead gains
Several technology stocks posted strong gains, with Zhongji Innolight and Eoptolink Technology rising 10.38% and 8.08%, respectively. SMIC, NAURA Technology and Cambricon Technologies also ended higher.
Shyam Metalics gains as August sales volumes rise across segments
Shyamn Metalics and Energy advanced 1.43% to Rs 1,081.25 after the company reported strong growth in sales volumes across its key product segments for August 2026.
ICRA upgrades ratings of Cantabil Retail India to 'A+/A1' with 'stable' outlook
Cantabil Retail India said that the credit rating agency ICRA has upgraded the company's long-term rating to '[ICRA]A+' from '[ICRA]A' with 'stable' outlook.
Canara Bank receives affirmation in credit ratings
From India Ratings
TCS launches Interactive Creative Engineering Studio in London
For proving clients access to AI-led creative engineering capabilities
Muthoot FinCorp rolls out Rs 700 crore NCD issue. Here's what investors need to know
Muthoot FinCorp has launched the fifth tranche of its secured, rated and redeemable NCDs, offering effective annual yields of 8.89% to 9.25% across four tenures ranging from 24 to 72 months. The company aims to raise up to Rs 700 crore, with proceeds earmarked for onward lending, repayment or prepayment of existing borrowings and general corporate purposes.
HerSpace raises $50 million from Gray Matters Capital to expand worker housing
The Bengaluru-based company plans to deploy the capital across southern India as manufacturers grapple with a shortage of suitable housing for industrial workers.
Jaguar Land Rover to cut 4,000 jobs globally, targets 1.7 billion in savings
The automaker is pursuing a major cost-reduction programme while strengthening its product pipeline and seeking to improve competitiveness globally
Shankesh Jewellers edges higher after Crisil Ratings revises rating outlook to 'positive'
Shankesh Jewellers (SJL) advanced 4.04% to Rs 103 after Crisil Ratings revised its outlook on the long-term bank facilities to 'positive' from 'stable' while reaffirming the rating at 'Crisil BBB'.
Euro currency speculators further reduce net short position
Large currency speculators further reduced net short in the Euro futures market, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net short position of 24925 contracts in the data reported through September 01, 2026. This was a weekly reduction of 11427 net positions.
Tata Sons' Group Company Secretary, Suprakash Mukhopadhyay, is facing scrutiny over an internal probe into his alleged involvement in his family's wealth advisory business.
Why Systematix is bullish on Apollo Micro Systems after 47% YTD rally; check target price
Systematix initiated coverage of Apollo Micro Systems with a Buy rating and Rs 570 target, citing defence-system integration, a Rs 12,000-crore opportunity, capacity expansion, acquisitions and strong earnings growth, while flagging execution, working-capital and tender-related risks.
Tata Capital Healthcare Fund expects more IPO candidates from its latest 2,500 crore fund
Tata Capital Healthcare Fund aims to exit over half of its portfolio companies from its new 2,500 crore fund via IPOs, pivoting away from traditional strategic sales. The firm is raising ticket sizes while targeting growth drivers like medical devices, and single-specialty chains.
Fairfax to exit IIFL Finance before likely IDBI Bank deal
Fairfax Financial Holdings is considering selling its IIFL Finance stake. This move supports its planned acquisition of IDBI Bank Ltd. The Canadian firm is in talks with private equity firms for this potential sale. This transaction is part of a larger strategy for the Indian banking sector. The company aims to consolidate its Indian lending investments after the acquisition.
From 110 kmph hydrogen runs to 200 sleeper rakes: A blueprint for Indian Railways next-gen fleet
Unlike conventional electric trains that draw power from overhead lines, the Hydrogen Fuel Cell Trainset generates electricity on board through a chemical reaction between hydrogen and oxygen, with water vapour and heat as its only by-product.
Nifty trades below 23,800 level; realty share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex, declined 395.60 points or 0.52% to 76,119.83. The Nifty 50 index lost 114.50 points or 0.48% to 23,783.20.
Sai Capital Ltd leads losers in 'B' group
Shri Krishna Devcon Ltd, Bharat Global Developers Ltd, ICDS Ltd and Kanco Tea & Industries Ltd are among the other losers in the BSE's 'B' group today, 07 September 2026.
Hyundai Motor India targets 20% women in executive workforce by 2030
Hyundai Motor India Ltd on Monday said it is targeting increasing women's representation in its executive workforce to 20 per cent by 2030 as part of its efforts to build a diverse and future-ready talent pipeline. Women currently constitute more than 8 per cent of Hyundai Motor India Ltd's (HMIL) total executive workforce of over 4,000 employees, the company said in a statement. At the same time, about 45 per cent of young talent (Management Trainees & Engineer Trainees) recruited in 2026 are women, underscoring changing talent trends, it added. Our commitment to achieving 20 per cent women representation in the executive workforce by 2030 reflects our focus on expanding opportunities, strengthening our talent pipeline and creating an environment where every individual can realise their full potential, HMIL MD & CEO Tarun Garg said. As the talent landscape continues to evolve, he further said,We are encouraged by the increasing participation of talented women professionals
SC rejects Centre plea to revive 363 cr GST demand against Vodafone Idea
The Supreme Court dismissed the Centre's appeal against a Bombay High Court ruling that had quashed a 363 crore GST demand against Vodafone Idea over a merged entity
IPE Hyderabad Announces Scholarships of up to Rs 2 Lakh for High Performing CAT Aspirants
Hyderabad (Telangana) [India], September 7: Students preparing for the Common Admission Test (CAT) now have an additional reason to aim high. The Institute of Public Enterprise (IPE), Hyderabad, one of India's well-established management institutions, has announced merit-based scholarships for eligible candidates seeking admission to its two-year full-time PGDM programmes for the 2027-29 batch.
Air India's new CEO Gebremariam seeks staff support to minimise disruptions
Air India's incoming CEO and MD Tewolde Gebremariam has sought staff support to minimise disruptions, saying the airline's strong heritage and brand give it enormous potential to regain its position
Jindal Stainless signs pact with Japan's JFE Steel to boost ferritic stainless steel manufacturing
Under the pact, JFE Steel will support Jindal Stainless' ongoing efforts to strengthen product quality and manufacturing practices for the grades specified in the agreement
India's automobile retail sales hit record August high
PVs recorded their best-ever August at 4,02,398 units, crossing 4 lakh for the first time, with rural sales growing 24.99% against 10.93% in urban markets. Alternative fuels accounted for 41.95% of PV sales, led by CNG at 25.28%, hybrids at 9.04% and EVs at 7.63%, surpassing petrol/ethanol at 40.85%. PV inventory rose to around 38-40 days.
Nua raises $50 million Series C from Peak XV, Filter Capital
Nua will deploy the fresh capital towards brand building, expanding distribution, and strengthening research and development.
SRK, Madhuri Dixit-backed Purple Style Labs makes weak D-Street debut. Should you buy?
Purple Style Labs commenced trading on Monday at a discount, despite its initial public offering being fully subscribed. The acquisition of Pernia's Pop-Up Shop in 2018 played a role in the considerable revenue growth from FY20 to FY24. Nevertheless, analysts caution investors regarding the expanding losses and the company's currently high valuation.
Indias Rs 1 lakh crore digital-media boom: Two stocks ICICI Securities is betting on
Indias digital media market crossed Rs 1 lakh crore in CY25 and is projected to grow rapidly through CY28, while television revenue declines. ICICI Securities has initiated coverage on Amagi Media Labs and Prime Focus with Buy ratings, citing opportunities from cloud adoption, digital advertising, VFX spending and evolving content consumption.
Carborundum Universal appoints new CFO
Seshadri has over 30 years of experience across leading automotive and industrial manufacturing organisations
Hyundai Motor India targets 20% women representation in executive workforce by 2030
About 45 per cent of young talent recruited by the automaker in 2026 are women, signalling changing workforce trends
Aravalli Hills definition: SC refuses 6-month extension, sets Nov 30 deadline for panel report
The Supreme Court has refused to grant a six-month extension to the Aravalli High-Powered Committee and directed it to submit its report on the definition of the Aravalli Hills by November 30.
Novartis India to acquire Pfizer's 'Minipress' trademark for 1,250 crore
Novartis India Ltd on Monday announced that its Board of Directors has approved the acquisition of the trademarks 'Minipress' and 'Minipres' from Pfizer Inc. USA and Pfizer Products Inc. USA for a total consideration of approximately Rs 1,250 crore. In a regulatory filing, the company said the transaction involves the acquisition of the trademarks registered in India and certain related intellectual property rights for a total aggregate consideration of Rs 1,250 crore. The company has executed an asset purchase agreement and trademark assignment deeds with Pfizer Inc USA and Pfizer Products Inc USA, with the signing and closing of the transaction scheduled to occur simultaneously, as per the filing. The company noted that Minipress XL (containing prazosin) is primarily indicated in India for treating hypertension (high blood pressure) and managing the urinary symptoms of benign prostatic hyperplasia (BPH). The filing further highlighted that as per IQVIA MAT July 2026 data, Minipre
Rural vehicle sales jump 19.8%, but tractor growth slows to 3% as monsoon bites
Passenger vehicles lead the rural surge, growing 24.99%, more than twice the 10.93% increase in urban markets. Rural two-wheelers rise 20.25% and commercial vehicles 16.33%
Indices hit fresh intraday low; European markets open with losses
The benchmark indices extended losses and hit fresh intraday low in afternoon trade as a stronger-than-expected US jobs report heightened concerns over a potential Federal Reserve rate hike. Sentiment was further weighed down by elevated crude oil prices and escalating tensions in the Middle East. The Nifty traded tad above the 23,750 level.
Oracle Financial Services Software Ltd down for fifth straight session
Oracle Financial Services Software Ltd is quoting at Rs 11822, down 1.96% on the day as on 13:19 IST on the NSE. The stock jumped 42.43% in last one year as compared to a 4.11% slide in NIFTY and a 12.87% fall in the Nifty IT index.
Tata Consultancy Services Ltd slips for fifth straight session
Tata Consultancy Services Ltd is quoting at Rs 2268.8, down 1.53% on the day as on 13:19 IST on the NSE. The stock tumbled 24.85% in last one year as compared to a 4.11% slide in NIFTY and a 12.87% fall in the Nifty IT index.
Shriram Finance Ltd slips for fifth straight session
Shriram Finance Ltd is quoting at Rs 1036.5, down 0.43% on the day as on 13:19 IST on the NSE. The stock jumped 73.69% in last one year as compared to a 4.11% slide in NIFTY and a 0.06% fall in the Nifty Financial Services index.
Bharat Forge Ltd drops for fifth straight session
Bharat Forge Ltd is quoting at Rs 1939.1, down 0.86% on the day as on 13:19 IST on the NSE. The stock jumped 61.22% in last one year as compared to a 4.11% slide in NIFTY and a 2.01% spurt in the Nifty Auto index.
AU Small Finance Bank Ltd eases for fifth straight session
AU Small Finance Bank Ltd is quoting at Rs 1057, down 0.75% on the day as on 13:19 IST on the NSE. The stock jumped 51.05% in last one year as compared to a 4.11% slide in NIFTY and a 5.29% spurt in the Nifty Bank index.
Brightcom gets a fresh lift from FTSE Micro Cap inclusion
Brightcom Group surged 6.57% to Rs 9.57 on Monday after the company announced its re-inclusion in the FTSE Global Equity Index Series (FTSE GEIS) Micro Cap Index.
Mangalam Worldwide empaneled as approved vendor with Abu Dhabi National Oil Company
Mangalam Worldwide (MWL), a fully integrated stainless steel manufacturer, announced its empanelment as an approved vendor with Abu Dhabi National Oil Company (ADNOC). MWL-Tubicore is now among the selected global companies eligible to provide tubes to ADNOC.
India in multi quarter growth upcycle, says Morgan Stanley; sees Sensex at 89,000 by June 2027
Morgan Stanley sees India entering a multi-quarter growth upcycle, supported by improving investments, monetary policy and domestic demand. The brokerage expects the Sensex to reach 89,000 by June 2027 in its base case, while assigning 25% probabilities to a bull-case target of 100,000 and a bear-case target of 66,000.
Lickicious raises Rs 19 crore to chase Rs 100 crore revenue
Lickicious, the pet food and nutrition brand operated by Nuvexo Wellness, has raised Rs 19 crore through equity and institutional debt, led by Prath Ventures, to scale its business and target Rs 100 crore in annual revenue.
NIIF names Gauravjit Singh managing partner for capital formation
The former PAG executive will lead NIIF's fundraising and investor relationships after the asset manager mobilised around $3 billion in new equity commitments over two years
EV share in commercial vehicles more than doubles to 5.18%; heavy trucks hit 3.6%
Overall commercial-vehicle retail stood at 90,769 units, up 14.45% per cent year-on-year but down 8.93 per cent from July Electric vehicles more than doubled their share of Indias commercial-vehicle market to a record 5.18% in August from 2.06% a year earlier, while electric penetration in heavy goods vehicles rose to about 3.6%, showing that electrification is beginning to spread beyond last-mile vehicles and buses.
Tewolde Gebremariam to take charge of Air India today amid mounting woes
Tewolde Gebremariam joined Air India early last month but will not yet be formally designated chief executive officer and accountable manager as his security clearance is still pending
Understanding futures grid trading and the risks of automated strategies
Futures grid trading presents a methodical way to navigate the unpredictable terrain of crypto markets. By segmenting price ranges into distinct levels for execution, this automated strategy enables traders to efficiently adjust to market dynamics without needing to constantly monitor activities. Nevertheless, the use of leverage and susceptibility to market disruptions introduce important risks; thus, selecting appropriate parameters and applying diligent risk management is essential for effective grid trading.
Novartis India to acquire Pfizer's Minipress trademark for 1,250 crore
The deal includes trademarks registered in India and related intellectual property rights, with Minipress XL generating 228.6 crore revenue in the year ended July 2026.
SC junks camp plea against 363 crore GST demand on Vodafone Idea
The dispute concerns GST proceedings against Vodafone Idea's erstwhile company Vodafone Mobile Services, arising from the sale of its telecom tower business as a going concern.
Himadri to go global for selling battery material
The company has shifted focus toward value-added products and derives about 30% per cent of its revenue from exports
RBL Bank Ltd spurts 0.59%, gains for fifth straight session
RBL Bank Ltd is quoting at Rs 416.8, up 0.59% on the day as on 12:44 IST on the NSE. The stock is up 52.67% in last one year as compared to a 4.1% slide in NIFTY and a 5.3% slide in the Nifty Private Bank.
Board of Sudarshan approves acquisition of 9.50% stake in MedTherapy Biotechnology Inc.
The board of Sudarshan Pharma Industries at their meeting held on 5 September 2026, inter-alia, approved to acquire 24,23,675.64 equity shares of common stock, par value US$0.0001 per share of MedTherapy Biotechnology Inc., a corporation incorporated under the laws of the State of Delaware, equivalent to 9.50% of the issued and outstanding share capital of the Company.
New Delhi [India], September 7: Breakthrough today announced the full speaker line-up for Reframe 2026: Reimagining India's Future - Equal Participation of Women in the Workforce, its flagship annual summit taking place from 8-10 September 2026 at the India International Centre (IIC), New Delhi.
Motilal Oswal sees 27% upside in this retail stock; should you buy?
Motilal Oswal initiated coverage on V2 Retail with a Buy rating and a 275 target, implying around 27% upside. The brokerage is bullish on the retailers tier-II/III focus, strong store economics, high private-label mix and disciplined inventory management, which it believes offer significant room for growth.
Ola Electrics 1,500 crore bet is about survival, but questions persist over growth
A fresh capital raise gives Ola Electric room to execute its next phase of growth through dealerships, affordable products and battery localisation But after losing market leadership and burning thousands of crore in cash, the real test is whether the company can rebuild sustainably or merely buy time
Sebis new ETF rules apply today: What changes from September 7 and how they impact investors?
Sebis revised ETF trading rules have come into effect from September 7, changing how price bands and reference prices are determined. The new framework introduces dynamic price bands based on underlying assets and a pre-open auction for gold and silver ETFs, aiming to improve price discovery and reduce premiums or discounts to NAV.
Market trade in negative terrain; PSU Bank shares decline
PSU Bank shares witnessed selling pressure for second consecutive trading session.
CaratLane looks beyond affordable jewellery to drive growth
Caratlane, which turns 18 this year, is at an inflexion point, says managing director Saumen Bhaumik.
Hyundai Motor India targets 20% women in executive roles by 2030
By the year 2030, Hyundai Motor India is targeting a significant increase to twenty percent female representation within its executive ranks, which currently comprises more than eight percent women. The organization is witnessing a surge in women enrolling in trainee programs and is rolling out initiatives designed to boost their leadership opportunities and career development. This approach supports the company's commitment to ESG frameworks and the UN Sustainable Development Goals.
NIIF hires PAG veteran Gauravjit Singh to lead global capital formation
The appointment comes as NIIF looks to accelerate deployment across its strategies while also expanding its pool of institutional capital.
VA Tech Wabag bags medium-sized ETP order from Reliance Industries
The project will include low-temperature sludge drying as part of its treatment process for efficient sludge management at the complex
Funding skew deepens in microfinance
Large microfinance companies received 98.1% of sector funding in Q1. This funding concentration reflects financiers playing safer during uncertain economic cycles. Smaller institutions face tighter liquidity and higher borrowing costs, impacting recovery pace. Banks contributed 80.4% of the Rs 21,407 crore debt funding received. NBFC-MFIs remain the largest micro-credit provider with a 44.3% market share.
Kalind secures work order worth Rs 50 cr in Ghana
To provide heavy earthmoving and mining equipment and related services
Texmaco Rail & Engineering secures orders worth Rs 131.36 cr
The second order valued at Rs 106.88 crore is from Touax Texmaco Railcar Leasing for manufacture and supply of 4 rakes of BFNS22.9 wagons alongwith 4 BVCM wagons. This order is considered related party transaction as the company is one of the promoters of the M/s Touax Texmaco Railcar Leasing.
NIIF appoints Gauravjit Singh in global leadership role
NIIF has appointed Gauravjit Singh as managing partner and global head of capital formation. Singh, who previously worked at PAG, True North and KKR, will focus on expanding NIIFs global and domestic investor base as the fund steps up capital mobilisation.
Maruti Suzuki announces third price hike since May, select models to get costlier
The latest increase will be limited to selected vehicles, unlike the carmakers previous two price hikes that covered its entire portfolio
RPEL to set up 3.5 lakh MTPA silica ramming mass manufacturing facility in Odisha
In joint venture with TRL Krosaki Refractories
Bengaluru airports expansion takes a capex detour
Aera approved one-third of Bengaluru airports 20,920 crore capex proposal for FY27-FY31, while shifting some projects to a recovery model that starts only after assets are completed and put to use.
Nifty below 23,800 level; IT shares under pressure
At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 417.25 points or 0.55% to 76,098.18. The Nifty 50 index lost 131.10 points or 0.55% to 23,769.50.

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