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Stock Market Updates: Sensex Rises 150 Points, Nifty Tests 25,050; Infosys Gains 1.6%

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Stock Market Updates: Sensex Rises 150 Points, Nifty Tests 25,050; Infosys Gains 1.6%


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A firm opening is expected for Indian equities on Friday, supported by strong global cues and rising optimism of a US Federal Reserve rate cut next week

Sensex Today

Sensex Today

Sensex Today: Indian equities opened higher on Friday, lifted by strong buying in IT stocks. Infosys led the charge with a 1.6 per cent gain in early trade, while TCS, Tech Mahindra, and HCLTech also advanced.

Auto, banking, and industrial names added to the momentum, with Tata Motors, Maruti Suzuki, BEL, L&T, Tata Steel, and Axis Bank among the top gainers on the benchmark indices.

At 9:30 am, the BSE Sensex was up 195 points, or 0.24 per cent, at 81,743, while the NSE Nifty50 gained 71 points, or 0.28 per cent, to 25,076.

In the broader market, the Nifty MidCap index rose 0.46 per cent and the Nifty SmallCap index added 0.33 per cent. Sectorally, Nifty IT topped the charts with a 0.74 per cent rise, while Nifty FMCG slipped 0.24 per cent to emerge as the only notable laggard.

Global Cues

Across Asia, markets tracked Wall Street’s rally. Mainland China’s CSI 300 inched up 0.01 per cent, Hong Kong’s Hang Seng surged 1.65 per cent, Japan’s Nikkei rose 0.56 per cent, and South Korea’s KOSPI gained 1.15 per cent.

Overnight, US stocks ended at record highs. The Dow Jones advanced 1.36 per cent, the Nasdaq climbed 0.72 per cent, and the S&P 500 added 0.85 per cent.

On the macro front, US data showed consumer prices rose 0.4 per cent month-on-month in August, above the 0.3 per cent forecast in a Dow Jones poll. Year-on-year, CPI matched estimates at 2.9 per cent. However, the inflation print was overshadowed by a surge in jobless claims, which jumped to 263,000 for the week ended September 6 — the highest since October 2021 and well above expectations of 235,000.

Back in India, Infosys will be in focus after its board cleared a Rs 18,000 crore share buyback at Rs 1,800 per share, covering 10 crore shares, or 2.41 per cent of its equity.

Aparna Deb

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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8th Pay Commission Update: What Government Employees Can Expect

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8th Pay Commission Update: What Government Employees Can Expect


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Aadhaar Card Update: Is Aadhaar A Proof Of Date Of Birth Or Citizenship? Govt Issues Clarification

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Aadhaar Card Update: Is Aadhaar A Proof Of Date Of Birth Or Citizenship? Govt Issues Clarification


New Delhi: The Ministry of Communications has issued a latest circular on clarification on the Properties and Usage of Aadhaar by Unique Identification Authority of India (UIDAI).

The three-point clarification was issues regarding the properties and permissible usage of the Aadhaar number and related documents.

UIDAI said that an Aadhaar number may be used for establishing the identity of the Aadhaar number holder subject to authentication or offline verification.

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Further, Aadhaar number or the authentication thereof, is not a proof of citizenship or domicile in respect of Aadhaar number holder.

UIDAI also added that Aadhaar number is not a proof of date of birth and hence, must not be used for establishing the date of birth of the Aadhaar number holder conclusively.



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Teachers to be balloted on industrial action over class contact time

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Teachers to be balloted on industrial action over class contact time



Members of the NASUWT union are set to be balloted on industrial action over class contact time.

The union accused the Scottish Government of failing to meet the SNP manifesto commitment ahead of the 2021 election of reducing contact time by one-and-a-half hours per week.

Announcing the move, NASUWT national official for Scotland Mike Corbett said teachers are “arguably worse off in terms of workload” than before the last election.

“The commitment on class contact time was a recognition by the Scottish Government that additional time away from the classroom was necessary to give teachers sufficient time and space to plan, prepare and assess pupils’ work in order to help students achieve their best and raise attainment.

“Since 2024 we’ve had agreements to work ‘at pace’ and the establishment of working groups by the Scottish Government and Cosla to make meaningful progress on class contact time reduction.

“But the reality is that teachers today are arguably worse off in terms of their workloads and working hours than they were in 2021 when this commitment was first made.

“A reduction in class contact time is as needed now, if not more so, than in 2021.

“It is regrettable that we have been forced to declare a trade dispute and move to a ballot in order to try to force the Government to give teachers the working conditions it itself acknowledges they require to do the job effectively.”

The union’s general secretary Matt Wrack said it had “exhausted all avenues” to reduce contact time, adding: “Where ministers and employers continue to fail our teachers, we will stand up for their right to working conditions which would enable them to deliver the highest quality of learning for our children and young people.”

A Scottish Government spokesperson said: “Ministers have been clear that reducing class contact will help support the time and space necessary for teachers, to allow them to drive improvement and reform in our schools and improve outcomes for their pupils.

“We are committed to working with teaching unions and Cosla to agree our approach to delivering a reduction in class contact time at pace.

“That is why we are providing local authorities with increased funding of £186.5 million to restore teacher numbers – this additional funding was agreed to by local government on the understanding that they make ‘meaningful progress’ with reducing class contact.

“Ministers respect union members’ right to withdraw their labour, but are disappointed that the NASUWT has taken this action while these constructive discussions are ongoing.”



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