News India

The BSE Sensex benchmark of 30 shares fell by 125 points or 0.19% at the level of 66,282 while the Nifty fell by 43 points or 0.22% and closed at the level of 19,751. Among Sensex stocks, Axis Bank, Infosys, SBI, Wipro and JSW Steel closed in the red.

For the second consecutive day, the benchmark indices of the Indian stock market closed with a decline. During Friday's trading session, there was a decline in shares of banking and IT sectors. During this period, inflation concerns in America affected investor sentiment.

The BSE Sensex benchmark of 30 shares fell by 125 points or 0.19% at the level of 66,282 while the Nifty fell by 43 points or 0.22% and closed at the level of 19,751. Among Sensex stocks, Axis Bank, Infosys, SBI, Wipro and JSW Steel closed in the red. On the other hand, shares of Tata Motors, IndusInd Bank, HCL Tech and Nestle closed with gains.

SpiceJet's shares also saw a jump of 19 percent amid the news of IndiGo co-founder Rakesh Gangwal buying stake in SpiceJet. PSU shares also rose by 10 percent due to the news of the government's approval to grant Navratna status to IRCON. On Friday, the rupee fell by three paise and closed at Rs 82.27 (provisional) against the dollar.

Air India Express to add 50 new aircraft to its fleet in 15 months

Air India Express is preparing to induct 50 new Boeing 737 Max aircraft into its fleet in the next 15 months. Apart from this, the country's first international budget airline Air India Express and Air Asia Connect (formerly AirAsia India) will introduce their new brand on October 18. Alok Singh, managing director of Air India Express and AIX Connect, said in a message to employees this week that several significant achievements have been made in the integration of the two airlines, including the adoption of a common reservation and check-in system.