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Cyclone Ockhi dissipates, Gujarat spared

Ahmedabad, Dec 6, The people of Gujarat and the state administration today heaved a sigh of relief as Cyclone Ockhi dissipated over the Arabian Sea, sparing the poll-bound state. The cyclone was yesterday headed towards Gujarat after leaving a trail of destruction on the southern Indian coast. The cyclone yesterday passed the Mumbai coast and much

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IMD’s rain forecast boosts sentiments, Sensex, Nifty touch record intra-day highs

With the IMD’s prediction of 100 per cent rainfall giving a boost to investors’ sentiments, the Indian equity markets zoomed higher during the mid-afternoon trade session on Wednesday.The benchmark indices touched record intra-day high levels, as positive global cues and healthy buying in automobile, capital goods and FMCG stocks, too, supported the upward trajectory. The