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HDFC Bank's online services hit by glitches

Updated at : 2024-10-08 06:35:02

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"The bank had to take an unscheduled downtime earlier today (Monday) as some operations like transactions through RTGS and NEFT using net banking were affected," a spokesperson said at the lender. "The issue stands resolved."

Oil rose above $80 Monday on Middle East tensions while equities slid in New York as political and interest rate concerns dented the recent rally. The rising oil price and concerns about the Middle East put an end to a recent rally on world stock markets.

Starting Monday, investors will receive 100% of their sale proceeds on the same day, enabling immediate reinvestment. Previously, only 80% was accessible the same day with the rest available later. This change, aimed at enhancing liquidity, will benefit trading activities significantly.

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Reliance Industries Ltd (RIL) will hold a board meeting on October 14 to review the financial results for the quarter ending September 2024. The company previously reported a 5% decline in net profit for the first quarter of June 2024. A presentation to analysts and media will follow the meeting.

Garuda Construction and Engineering Ltd on Monday said it has raised Rs 75 crore from anchor investors, a day before its initial share-sale opening for public subscription.

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The Indian rupee traded almost flat on 7th October to end at 83.97 per US dollar even as the dollar index strengthened, as likely intervention from the Reserve Bank of India kept the local currency from crossing its psychologically significant 84/$1 mark, traders said.

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Sensex fell by 638 points on Monday, ending at 81,050. Despite this, five stocks in the BSE 500 index hit their 52-week highs. These highs indicate strong performance and potential for future growth.

Ace investor Ashish Kacholia bought a 2.52% stake in Jyoti Structures. The stock closed 4.8% higher. Promoters and the promoter group do not hold any stake in the company. The entire 100% stake is held by public shareholders like FPIs, AIFs, and insurance companies.

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FIIs sold Indian equities worth Rs 8,293.41 crore on Monday, while DIIs were net buyers at Rs 13,245.12 crore. Indian indices fell for the sixth consecutive session, with Nifty Bank, Nifty Metal, Nifty Oil & Gas, and Nifty PSU Bank falling over 2%.

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