New Delhi14 hours ago
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Yesterday the big news was related to gold, silver and stock market. According to India Bullion and Jewelers Association, the price of 10 grams of 24 carat gold fell by Rs 31 to Rs 75,933.
At the same time, on October 7, the first trading day of the week, the Sensex closed at the level of 81,050 with a fall of 638 points. Nifty also fell by 218 points, it closed at the level of 24,795.
Before tomorrow's big news, today's major events to keep an eye on…
- There may be a decline in the stock market today.
- The IPO of Garuda Construction and Engineering will open.
- BYD eMax 7 electric MPV will be launched.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow's big news…
1. Gold and silver prices fell: Gold fell by ₹ 31 to ₹ 75,933, silver became cheaper by ₹ 260 and was being sold at ₹ 91,940 per kg.
Gold prices fell on October 7. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold fell by Rs 31 to Rs 75,933. Earlier (Friday, October 4) the price was Rs 75,964 per ten grams.
At the same time, the price of silver also declined today. It fell by Rs 260 to Rs 91,940 per kg. On Friday, silver was at Rs 92,200. This year, silver has reached its all-time high of Rs 94,280 per kg on May 29.
Click here to read the full news…
2. Sensex fell by 638 points and closed at 81,050 level: Nifty also fell by 218 points, BSE Small Cap fell by 1,827 points.
On the first trading day of the week, the Sensex closed at 81,050 with a fall of 638 points. Nifty also fell by 218 points, it closed at the level of 24,795.
At the same time, BSE Small Cap fell 1,827 points and closed at 54,117. Out of 30 Sensex stocks, 23 declined and 7 rose. Out of 50 Nifty stocks, 40 declined and 10 rose. Except the IT sector of NSE, all closed with a decline.
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3. Hero Motors will not bring IPO: The company withdrew the application given to SEBI, had planned to raise Rs 900 crore.
Automobile component maker Hero Motors has withdrawn its application to SEBI for its Initial Public Offering (IPO). The market regulator said that the company has withdrawn DRHP on October 5. Hero Motors had planned to raise Rs 900 crore through this public offer.
According to reports, the company's promoter OP Munjal Holdings was planning to sell stake worth Rs 250 crore through OFS, while other promoters Bhagyodaya Investments and Hero Cycles also planned to sell stake worth Rs 75 crore through OFS. ICICI Securities, DAM Capital Advisors and JM Financial were the book running lead managers to the issue.
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4. Ratan Tata's health is fine: Said- I came to the hospital for routine checkup; Earlier the news was that he was admitted to ICU.
Ratan Naval Tata (86), former chairman of Tata Sons, has given a statement after the news of his hospitalization. He said- I am fine and due to my old age, I had gone to the hospital for routine checkup. There is nothing to worry about.
Earlier, some media reports had claimed that Ratan Tata is admitted in the Intensive Care Unit (ICU) of Breach Candy Hospital. He was brought to the hospital on Monday. His blood pressure had reduced considerably.
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5. Retail sales of cars fell by 19% in September: 7.9 lakh cars were standing in the inventory of companies, sales of two-wheelers also declined by 8.51%.
In September, there has been a decline of 9.26% in retail sales of vehicles in the country on an annual basis. Automobile companies sold about 17.23 lakh vehicles last month. At the same time, 19 lakh vehicles were sold in the same month last year.
At the same time, car sales have declined by about 19% on an annual basis. Car maker companies sold 2,75,681 cars in September. Whereas, in the same month last year, 3,39,543 vehicles were sold.
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6. Tata's electric vehicles can be up to 30% cheaper: The company is preparing to launch a battery rental program like MG.
Tata Motors' electric vehicles may soon become cheaper by 30%. According to Money Control report, the company is preparing to launch a battery rental program like MG Motor India.
In this, the cost of the battery is not included in the price of the electric vehicle and it is given on rent. This business model is called 'Battery-as-a-Service (BaaS)'.
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Now read the news you need
Inspection is necessary before delivery of car during festive season: Understand what to do in 7 steps, otherwise the dealer may hand over a defective vehicle.
Vehicles are being purchased during the festive season. If you are also planning to buy a new car, then it is important to take some precautions before delivery.
Here we are telling you what precautions should be taken before buying a car. How to deal with a car dealer and why Pre Delivery Inspection (PDI) is necessary before taking delivery of the car from the showroom and how it is done…
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
Know the condition of tomorrow's share market and gold and silver…
Know the latest price of petrol, diesel and gas cylinder…
