Business
Stock market today: Here are the top gainers and losers on NSE, BSE on February 6 – check list – The Times of India
Equity markets ended slightly higher on Friday after the Reserve Bank of India left interest rates unchanged, a move that was widely expected, and announced a proposal to allow banks to lend to Real Estate Investment Trusts (REITs) under prudential safeguards.The 30-share BSE Sensex rose 266.47 points, or 0.32 per cent, to close at 83,580.40. The index recovered sharply in the final hour, jumping over 650 points from the day’s low of 82,925.35, helped by late buying in select stocks. The NSE Nifty also finished higher, gaining 50.90 points, or 0.20 per cent, to settle at 25,693.70 after a volatile session.
Nifty50 top gainers
| Company Name | Current Price (Rs) | Price Change | % Change |
|---|---|---|---|
| ITC | 326.35 | +16.20 | +5.21% |
| Kotak Bank | 422.35 | +13.60 | +3.33% |
| HUL | 2,424 | +69.80 | +2.97% |
| Bajaj Finance | 982.00 | +17.30 | +1.79% |
| Bharti Airtel | 2,023 | +30.60 | +1.54% |
| Power Grid | 292.80 | +3.45 | +1.20% |
| Titan Company | 4,141 | +43.20 | +1.06% |
| Bajaj Finserv | 2,021 | +20.70 | +1.04% |
| Shriram Finance | 1,001 | +9.00 | +0.91% |
| ICICI Bank | 1,408 | +11.50 | +0.83% |
Nifty50 top losers
| Company Name | Current Price (Rs) | Price Change | % Change |
|---|---|---|---|
| HDFC Life | 703.50 | -17.21 | -2.39% |
| Tech Mahindra | 1,616 | -30.21 | -1.84% |
| TCS | 2,940 | -51.20 | -1.72% |
| SBI Life | 1,987 | -31.00 | -1.54% |
| Tata Motors PV | 368.90 | -5.25 | -1.41% |
| Bajaj Auto | 9,519 | -129.00 | -1.34% |
| Adani Ports SEZ | 1,550 | -20.71 | -1.32% |
| Wipro | 230.40 | -2.99 | -1.29% |
| Eternal | 283.55 | -3.31 | -1.16% |
| Asian Paints | 2,405 | -27.10 | -1.12% |
Sensex top gainers
| Company Name | Current Price (Rs) | Price Change | % Change |
|---|---|---|---|
| ITC | 326.35 | +16.20 | +5.21% |
| Kotak Bank | 422.35 | +13.60 | +3.33% |
| HUL | 2,424 | +69.80 | +2.97% |
| Bajaj Finance | 982.00 | +17.30 | +1.79% |
| Bharti Airtel | 2,023 | +30.60 | +1.54% |
| Power Grid | 292.80 | +3.45 | +1.20% |
| Titan Company | 4,141 | +43.20 | +1.06% |
| Bajaj Finserv | 2,021 | +20.70 | +1.04% |
| ICICI Bank | 1,408 | +11.50 | +0.83% |
| Axis Bank | 1,342 | +11.00 | +0.83% |
Sensex top losers
| Company Name | Current Price (Rs) | Price Change | % Change |
|---|---|---|---|
| Tech Mahindra | 1,616 | -30.21 | -1.84% |
| TCS | 2,940 | -51.20 | -1.72% |
| Adani Ports SEZ | 1,550 | -20.71 | -1.32% |
| Eternal | 283.55 | -3.31 | -1.16% |
| Asian Paints | 2,405 | -27.10 | -1.12% |
| HCL Tech | 1,594 | -16.30 | -1.02% |
| Infosys | 1,506 | -14.50 | -0.96% |
| HDFC Bank | 941.00 | -8.71 | -0.92% |
| Trent | 4,095 | -36.31 | -0.88% |
| SBI | 1,066 | -7.50 | -0.70% |
Earlier in the day, markets had opened cautiously and slipped into the red before staging a modest recovery.On the policy front, the RBI’s six-member Monetary Policy Committee unanimously voted to keep the repo rate unchanged at 5.25 per cent. The central bank also retained its neutral stance, indicating it may stay on hold for now. The decision came as inflation remained under control and growth concerns eased following higher government spending in the Budget and reduced tariff pressures after a trade deal with the United States, news agency PTI reported.Announcing the policy, RBI Governor Sanjay Malhotra said, “To further promote financing to the real estate sector, it is proposed to allow banks to lend to REITs with certain prudential safeguards.” Market participants said this move could improve long-term funding visibility for the real estate sector and the broader credit ecosystem.Among Sensex stocks, ITC was the top gainer, jumping over 5 per cent. Kotak Mahindra Bank, Hindustan Unilever, Bharti Airtel, Bajaj Finance, Power Grid and Bajaj Finserv also ended higher. On the other hand, Tata Consultancy Services, Tech Mahindra, Adani Ports, Asian Paints, Eternal and HCL Tech were among the laggards.Commenting on the session, Vinod Nair, head of research at Geojit Investments Limited, said domestic markets remained subdued for most of the day before recovering on the back of buying in FMCG and private banking stocks.“The RBI’s policy announcement was broadly in line with expectations, maintaining status quo on interest rates while reiterating a constructive growth outlook,” he said, as quoted by news agency ANI.However, he added that markets had expected a slightly more dovish tone. The RBI’s decision to retain a neutral stance led to a rise in India’s 10-year bond yields. Nair also pointed out that global investors remain focused on US-Iran negotiations, crude oil prices, and developments in artificial intelligence and technology.Foreign institutional investors sold shares worth Rs 2,150.51 crore on Thursday, according to exchange data.In global markets, Asian indices such as South Korea’s Kospi, Shanghai’s SSE Composite and Hong Kong’s Hang Seng ended lower, while Japan’s Nikkei closed higher. European markets were mostly trading in the green. In the US, stocks had ended sharply lower overnight, with the Nasdaq falling 1.59 per cent.Meanwhile, Brent crude rose 1.20 per cent to $68.34 per barrel. On Thursday, the Sensex had dropped over 500 points, while the Nifty had declined more than half a per cent.
Business
United Airlines flight attendants ratify new contract with 31% raises this summer
A United Airlines plane approaches the runway at Denver International Airport on March 23, 2026.
Al Drago | Getty Images
United Airlines flight attendants approved a new five-year labor contract with 31% average raises to base pay by August and other improvements, marking the last of the major carriers with unionized flight crews to reach a deal post-Covid.
The labor deal would give United’s roughly 30,000 flight attendants their first raises in close to six years. The company and the flight attendants’ union reached a preliminary deal in March. Crews had rejected a contract last year.
The union said the contract won 82% approval from the flight attendants, with close to 90% of them voting.
“The contract will immediately change the lives of United Flight Attendants, especially our thousands of new hires who have been hired since the pandemic,” said Ken Diaz, president of the United chapter of the Association of Flight Attendants.
The contract also includes boarding pay, or pay for when the aircraft’s door is open and travelers are getting on. Airlines had for years started flight attendants’ pay clock once the boarding door was closed.
The contract comes with a roughly 7% to 8% increase in compensation and $741 million in back pay, as well as quality-of-life improvements like restrictions on red-eye flights and “sit pay” during disruptions of more than 2½ hours.
Business
Joni Lamb, Whose Christian TV Station Went Global, Dies at 65
Joni Lamb, the president of Daystar Television Network, a televangelism broadcaster she founded with her husband, Marcus Lamb, turning their family into stars of Christian entertainment, died on Thursday. She was 65.
In an announcement posted on Daystar’s website, the company described the cause as “serious health matters” exacerbated by a recent back injury. It did not say where she died.
On a trip to Jerusalem in 1983, shortly after the couple married, Mr. Lamb visited the Mount of Olives and felt God telling him to move to Montgomery, Ala., and start a Christian TV station. He and Ms. Lamb poured their energy and modest finances into the effort and began appearing on the air two years later.
By the time they founded Daystar — in Texas in 1997 — they were experienced entrepreneurs and performers. After just a few years, they owned 24 stations around the country. By 2010, they had become the second-largest Christian broadcaster, after Trinity Broadcasting Network, and were reaching more than 200 countries, The Dallas Morning News reported.
Compared with other televangelists, the Lambs “are younger and come across as more ordinary folks,” David Clark, the president of a rival Christian broadcaster, told The Fort Worth Star-Telegram in 2001. “They come across as being sincere.”
Mr. Clark added: “Marc is sharp, and his wife, Joni, is a big asset.”
The Lambs frequently appeared on their own network in a talk show format, discussing the pleasures and challenges of domestic life in a Christian idiom. Ms. Lamb, who liked to break into song, was Daystar’s leading talk show host, over the decades moderating shows like “Taking a Break With Joni” and “Joni Table Talk.” She would often be surrounded by other female regulars, putting questions to a male guest who had wisdom to impart.
The prominent pastor Jentezen Franklin visited earlier this year, for example, to discuss his new book, “The Power of Short Prayers.” The conversation slipped easily into evangelism.
“For someone watching right now: You’ve been listening; God’s opened your heart,” Ms. Lamb said. “In fact, your heart’s already been opened for some time, as you’ve been looking, searching, and you tried everything else. Always say, ‘Why don’t you try Jesus?’ A simple prayer: That will change your life for eternity.”
During the episode she was flanked, as she often was, by her two daughters, Rachel Lamb Brown and Rebecca Lamb Weiss, and referred to her husband by his first name, as if the viewers at home were family friends.
In 2021, Mr. Lamb died, at 64, of Covid-19, after having frequently suggested that people should pray instead of getting vaccinated. Ms. Lamb announced his death on air.
The travails of the Lamb family were often incorporated into the station’s programming. In 2010, Mr. Lamb admitted on live TV to an extramarital affair and described an attempt to extort millions of dollars in blackmail.
“Christian TV took a soap opera turn,” The Dallas Morning News wrote of the episode.
In 2020, Daystar returned a $3.9 million Paycheck Protection Program loan after the CBS program “Inside Edition” investigated the company’s purchase of a Gulfstream jet used by the Lamb family for beach and golf trips.
Four years later, a panel of Ms. Lamb’s talk show regulars questioned her on air about an accusation by her son, Jonathan, that there had been a coverup of a family member’s sexual molestation of his infant daughter. Ms. Lamb denied that any abuse had occurred, and after an investigation, no charges were filed.
Joni Lynn Trammell was born on July 19, 1960, in Greenville, S.C., where she grew up. Her father, Billy Frank Trammell, worked for a local refrigeration and heating company and would evangelize with friends he made playing basketball. Her mother, Sandra (Hudson) Trammell, competed in the Miss Greenville beauty pageant.
The Lambs met at a Greenville church in 1980, when Mr. Lamb, a traveling Pentecostal preacher, was visiting. They married in 1982.
Their early investments in TV stations came fortuitously, at a time of deregulation that The Star-Telegram would describe as “market bottom.” They later made money buying and selling small broadcast towers, and selling airtime to ministries and churches.
In 2023, Ms. Lamb married Doug Weiss, a sex therapist who became a co-host on Daystar. He survives her; other survivors include her three children and several grandchildren.
On air earlier this year, Ms. Lamb told viewers that the Christian faith guaranteed a posthumous reward.
“When you pray that prayer, and you receive Jesus, he forgives your sins,” she said. “When you die, you’re going to heaven.”
Business
US consumer price inflation hits 3.8% in April, highest in nearly 3 years as Iran war fuels energy costs – The Times of India
US inflation rose in April to 3.8 per cent as surging fuel costs amid the ongoing Iran-US conflict drove up consumer prices, hitting a three-year high complicating the Federal Reserve’s path on interest rates.Data released by the Labor Department on Tuesday showed the Consumer Price Index (CPI) increased 0.6 per cent in April after a 0.9 per cent jump in March, the biggest monthly rise since June 2022. On an annual basis, inflation accelerated to 3.8 per cent, marking the highest year-on-year increase, since May 2023.Petrol prices in the US are now more than 28 per cent higher than a year ago, according to official data. AAA estimates show average gasoline prices have crossed $4.50 per gallon, roughly 44 per cent above year-ago levels, squeezing household budgets and raising concerns about broader economic fallout.The spike in energy prices follows the escalation of hostilities between the US, Israel and Iran earlier this year. Markets were rattled after Tehran blocked access through the Strait of Hormuz — a critical global energy route that handles nearly one-fifth of the world’s oil and liquefied natural gas supplies.Core inflation, which excludes food and energy prices, remained relatively contained. Core CPI rose 0.4 per cent month-on-month and 2.8 per cent annually, suggesting that higher fuel costs have not yet fully spread across the wider economy.Food prices also edged higher in April. Grocery costs rose 0.7 per cent from March, led by increases in meat prices after a slight decline in the previous month.The latest inflation reading adds to uncertainty for the Federal Reserve, which had earlier been expected to begin cutting interest rates in 2026. Policymakers are now signalling caution amid fears that prolonged geopolitical tensions and elevated oil prices could trigger another wave of inflation.US President Donald Trump has repeatedly criticised the Fed for not lowering borrowing costs faster to support economic growth. Attention is now turning to Kevin Warsh, Trump’s nominee to succeed outgoing Federal Reserve Chair Jerome Powell, whose Senate confirmation is expected this week.Higher fuel costs are also beginning to weigh on corporate America. Appliance maker Whirlpool Corporation said last week that quarterly revenue fell nearly 10 per cent, warning that the war-driven economic slowdown had severely dented consumer confidence.
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