Share Market LIVE: Sensex tanks 1,000 points, Nifty below 14,600; IndusInd Bank, SBI among top drags

Offer Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark files began the week's first exchanging meeting the negative region. S&P BSE Sensex plunges almost 400 focuses, surrendering 50,000 imprint. Clever 50 record surrendered 14,800. Infosys, Tech Mahindra, and HCL Technologies were the lone gainers on Sensex. Bajaj Finance and IndusInd Bank were the top hauls, falling more than 2% each, trailed by Bajaj Auto. India VIX, the unpredictability check flooded 6.5% to penetrate 21 levels once more. Among sectoral files, Nifty IT and Nifty metal were the lone files to record gain

With India seeing the second flood of the Covid pandemic, the development viewpoint for the economy actually stays unblemished. Nomura said that its pattern projection for FY22 GDP development is 13.5% on-year, up from an expected - 7.4% in FY21. Nomura said that the subsequent wave is hitting the high-recurrence information like versatility and traffic, particularly in the most noticeably terrible influenced territory of Maharashtra. "In our view, since the subsequent wave began uniquely towards the finish of March, and as the economy standardized quickly in January and February, the subsequent wave is probably not going to significantly affect Q1 GDP development, and our gauge of 1.0% on-year seems sensible," the report said. Notwithstanding, a drawn out second wave with expanded limitations, as indicated by Nomura, could affect Q2 numbers.

Nifty PSU Bank index bleeds red

Nifty PSU Bank index was the worst-performing sectoral index on NSE on Monday morning, down 4.67%. Canara Bank, Bank of Baroda, and Indian Overseas Bank were the worst performers, down over 5% each. 

Petrol and diesel price today 5 April 2021: Fuel prices unchanged; check rates in Mumbai, Delhi, other cities

By: FE Online

Updated: Apr 05, 2021 9:10 AM

Petrol and Diesel Price Today in India: Petrol and diesel rate on April 5 remained the same as yesterday with prices in Mumbai still the highest among metro cities.

Mumbai’s petrol cost is the highest across major cities today at Rs 96.98 per litre while Diesel in the country’s financial capital costs Rs 87.96 per litre. (Image: REUTERS)

Petroleum and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel were unaltered today. The cost of petroleum and diesel has been something very similar for almost seven days now subsequent to falling across significant urban areas on March 30, 2021. Country Capital Delhi was providing a petroleum cost estimate of Rs 90.56 per liter, diesel in the city was valued at Rs 80.87 per liter. Fuel costs stay the most elevated in Mumbai at Rs 96.98 per liter for Petrol. Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) reconsider the fuel costs consistently in accordance with benchmark global cost and unfamiliar trade rates. 

Mumbai’s petrol cost is the highest across major cities today at Rs 96.98 per litre while Diesel in the country’s financial capital costs Rs 87.96 per litre. The divergence in prices between Delhi and Mumbai is owing to different prices in different cities. Petrol and Diesel prices are fixed on the basis of freight charges, local taxes, and VAT. Currently, the base price of petrol is Rs 32.79 per litre followed by a freight charge of Rs 0.28 per litre. The dealer is charged 33.07 per litre for petrol to which Rs 32.90 per litre excise duty is added, along with dealer commission of Rs 3.69, and VAT of Rs 20.90 per litre. This makes the final price of petrol in Delhi of Rs 90.56 per litre.

Petrol, diesel prices in Chennai, Kolkata, Bengaluru, Hyderabad, UP, Punjab, Haryana, Pune

• Chennai: Petrol prices – Rs 92.58 per litre; Diesel prices – Rs 85.88 per litre
• Kolkata: Petrol prices – Rs 90.77 per litre; Diesel prices – Rs 83.75 per litre
• Pune: Petrol prices – Rs 96.62 per litre; Diesel prices – Rs 86.27 per litre
• Bengaluru: Petrol prices – Rs 93.59 per litre; Diesel prices – Rs 85.75 per litre
• Hyderabad: Petrol prices – Rs 94.16 per litre; Diesel prices – Rs 88.20 per litre
• Noida (UP): Petrol prices – 88.91 per litre; Diesel prices – Rs 81.33 per litre
• Mohali (Punjab): Petrol prices – Rs 92.45 per litre; Diesel prices – 83.43 per litre
• Chandigarh: Petrol prices 87.14 per litre; Diesel prices – Rs 80.57 per litre
• Gurugram (Haryana): Petrol prices – Rs 88.52 per litre; Diesel prices – Rs 81.45 per litre

Crude Oil price update

Crude oil prices eased as OPEC+ decided to increase output over the coming months. Brent crude futures were down at $64.70 per barrel while the US WTI crude was at $61.32 per barrel, according to Reuters.