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& ' 6- .' 7 +' 7 7 )$#.)/01%2 / "*"/* !()*+), -. 0/1% -2 . ( $"%%#>" ( * # "** *% - #8 -#3,# 33 @1 #4"# "34 35) 2 ,4 #3 ,45,#"%2#* ( #(>4# 33% *#)4 *#5* )4#>#*4 8 3"- 2 *3 )83 %"*8)"% "9#$ "4*#5 4?"*#,# 8&#?2## 3 ) +!,0:: ))- ;:< =# % + " # . ( 0134056 0%7 Q " #$% !" #$ P %& "2 "34 The Congress was able to quity investors lost 2.72 woo MLAs from other parties Elakh crore in two days as after losing dozens of them in market tanked for the second other States, particularly in day in a row on Tuesday fol- Maharashtra, where its ally lowing spike in the crude price NCP has seen major exodus. triggered by drone attacks on The prominent defectors the world’s largest oil process- could give nightmare to the Adding to woes, foreign "2 "34 are former Minister and Navi ing facilities in Saudi Arabia. Government, which recently investors continued with their "2 "34 Mumbai strongman Ganesh The rise in geopolitical tensions announced a slew of measures equity selling spree in the he Ashok Gehlot Naik, who was with the NCP in West Asia led to severe sell- to boost up the economy. Each Indian market. Foreign insti- sia’s biggest wholesale elec- TGovernment received a big for at least two decades, before ing in the equity market. dollar rise in crude prices lead tutional investors (FIIs) sold Atrical market Bhagirath boost in Rajasthan after all six he joined the BJP recently, and The Sensex on Tuesday to a burden of 10,000 crore on equities worth Rs 808.29 crore Palace — a one-stop destina- BSP MLAs on Tuesday joined Udayanraje Bhosale, a direct plummeted 642.22 points or India’s oil import bill. Even if on Tuesday, exchange data tion for retailers to buy elec- the Congress. descendant of warrior king 1.73 per cent to close at oil prices were to settle at a level showed. Market participants trical equipment — located in Though Gehlot denied Chhatrapati Shivaji Maharaj. 36,481.09. During the day, it which is 5-6 dollar more from were also on edge awaiting cues the heart of Delhi, wore a ( $ having given any inducement dropped 704.22 points. Sensex average of the last year, India from the upcoming trade talks deserted look on Tuesday to MLAs who switched sides, on Monday tanked 262 points. will stare at a very tough between China and the US as ahead of the festival season. Mayawati accused the After soaring as much as 20 situation. well as a much-anticipated pol- Many traders were sitting rush but the situation this year Mosque to Red Fort, pedestri- Congress of “betraying” her. per cent to $71.95 per barrel on While RBI Governor icy meeting of the Federal idle waiting for customers with is different. “Now, it is difficult anised to bring back the charm Gehlot described Mayawati’s Monday, brent crude futures Shaktikanta Das warned on Reserve, scheduled to begin only a few people seen doing to keep the existing employees of Chandni Chowk. reaction as “natural”, but reit- corrected slightly to trade at Monday that India’s current later in the day. window shopping in the nar- as there is not enough work. Kumar also said that buy- erated his party did not mount $67.97 per barrel on Tuesday. account and fiscal deficits could Elsewhere in Asia, row lanes of the market. Staffers employed in shops ers from adjoining States of any pressure on the BSP Haunted by fear that ele- worsen if oil prices remain at Shanghai Composite Index and Bharat Ahuja, president of have been reduced to two or Delhi like UP, Bihar, Haryana, MLAs. vated crude prices could wors- the elevated level, many experts Hang Seng ended significant- Delhi Electrical Traders three as compared to 10 to 12 Orissa, Rajasthan, Maharashtra “The Congress en India’s fiscal concerns, the felt that higher oil prices were ly lower, while Nikkei and Association, hold economic in corresponding years. have also not been turning up Government in Rajasthan has market came under vicious likely to severely hit economic Kospi settled in the green. US slowdown responsible for slack “Many workers came from for purchasing Diwali acces- lured the BSP MLAs (to its bear grip and even blue chip conditions in India, which stocks were trading in green in business. “Many real estate different States in search of jobs sories, citing lack of demand fold) and given proof of being stocks could not withstand the imports more than 70 per cent early sessions. projects have been stalled in here but they returned back and money as a reason. an untrustworthy and fraudu- sell-off. Led by the heavy sell- of its oil needs. Meanwhile, the Finance neighbouring States and it has disappointed,” he said. Another trader said that lent party once again,” said the ing in the market, the market “Selling intensified as surge Ministry is working on one hit sale of electrical appliances. However, some traders transaction worth crores of BSP supremo in a tweet. capitalisation (m-cap) of BSE- in oil prices and weakening more booster dose to give a leg- Realtors were our major buy- blamed road blockage due to Rupees was made on daily Mayawati lamented that the listed companies was eroded by rupee reduced the scope of eco- up to the economy that has hit ers and we have lost them as redevelopment work being car- basis in the market and a huge Congress, instead of fighting 2,72,593.54 crore to nomic turnaround in the near over six-year low of 5 per cent, well,” he said. ried out by the Shahjehanabad economy is involved that sus- rival parties, always hurts the 1,39,70,356.22 crore. term. Banks were impacted a senior Finance Ministry offi- Ahuja said the Union Redevelopment Corporation, a tains not only the traders but ones which support them. All sectoral indices ended the most while investors are in cial told PTI. Government has done nothing firm responsible for redevel- thousands of daily wage labour- Gehlot justified the MLAs’ in the red, with BSE auto, real- a pessimistic mood as stimulus The blue print for the to address our concerns except opment of Old Delhi. ers who offload and load the cross-over, arguing that the ty, metal, banks, finance, oil packages from the Government stimulus is ready that would be announcing support to micro, Ashok Kumar, owner of bulk of material into and out- MLAs have taken the decision Bhosale had resigned from and gas, energy, technology and are not adding any resurgence announced by Finance small and medium enterprises. New Bhagwati Lite said that side shops. “Now the current to join the Congress as per the his Parliamentary membership IT indices falling up to 3.80 per in sentiment. On global front, Minister Nirmala Sitharaman “How does it help traders?,” he one of the reason due to which situation has made it difficult aspiration of their electorate. from Satara in western cent. On the Sensex chart, loss- announcement of FED policy in the next few days, the offi- said, adding that the decreas- sells have been affected is curb- for not only traders but the Congress State president Maharashtra before joining the es were driven by Hero on Wednesday will be keenly cial said without giving further ing number of Government or ing vehicle movement leading daily workers to sustain their Sachin Pilot too defended the BJP in Delhi in the presence of MotoCorp, Tata Motors, Axis watched and consensus is details. local bodies tenders for elec- to the market by the authorities. livelihood,” he said. development, saying the BSP party chief and Union Home Bank, Tata Steel, Maruti and showing 25bps rate cut to The Government trical appliances has further “It has also affected sells but the The Bhagirath Palace mar- MLAs have switched over to his Minister Amit Shah. SBI — falling by 6.19 per cent. counter low inflation,” Vinod announced a slew of measures added to our woes. major reason is slow down of ket was opened in 1950 is a hub party without any greed and it A senior Congress leader Only, Hindustan Uniliver, Nair, Head of Research, Geojit in three dosages which include Traders claimed 70 to 80 economy,” he added. of import and export trade in would boost development in from Maharashtra said on Asian Paints and Infosys ended Financial Services told news a special window for real estate, per cent drop in sales has It may be noted that the electrical equipment as it caters their region. With BSP MLAs Tuesday the deserters have in mild green. Broader BSE agency PTI. export incentives, bank con- affected the job prospects in the SRDC as part of the Chandni to the export demand from the joining the Congress, the num- switched sides considering midcap and smallcap indices Tracking movement in oil solidation and sops for micro, market. A trader said shop- Chowk redevelopment project markets particularly in neigh- ber of the Congress MLAs has local political equations, but followed benchmarks, cracking prices, the rupee further depre- small and medium enterprises keepers used to employ four to is making a nearly 1 km-long bouring countries like Sri increased to 106. The BJP has they are not being able to dent up to 1.84 per cent. ciated by 18 paise to 71.78 per (MSMEs) and the automobile five workers every year before dual carriageway stretch of the lanka, Pakistan, the Maldives, 72 MLAs in the 200-seat the party’s organisation at the The rise in crude prices US dollar. sector.

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