DelhiDesk India’s gold demand fell by 17% in the January-March quarter due to the high prices and volatility in the market, according to the World Gold Council. The Sensex and Nifty also saw declines in the stock market, with the former falling by 694.96 points and the latter by 188.05 points. The Supreme Court rejected the bail plea of former CMD of Amrapali Group Anil Kumar Sharma, stating that he cheated thousands of homebuyers. Meanwhile, Apple CEO Tim Cook praised India, calling it an exciting market, and Meesho laid off 251 employees to cut costs. HDFC Bank’s shares also saw a decline, and the forex market remained closed on Friday for Buddha Purnima.
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Here is the news bullets sorted by DelhiBreakings.com team.
👉 India’s gold demand fell 17 percent in January-March due to higher prices
👉 Sensex breaks 694.96 points, Nifty closes around 18,067
👉 Court rejects bail plea of former CMD of Amrapali Group
👉 Apple CEO praises India, calls it an exciting market
👉 Meesho lays off 251 employees, will get one month’s extra pay
👉 Shares of both HDFC companies fell sharply, investors lost Rs 63,870 crore
👉 JK Bank records highest ever annual net profit of Rs 1,197 crore
👉 Forex market will remain closed on Friday on the occasion of Buddha Purnima
👉 Today these companies will announce their quarterly results
👉 These factors will dominate the market!
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