Traders using Zerodha, India's second-largest broking platform, faced significant disruptions this morning due to a technical glitch. Users are experiencing difficulties accessing Kite Web, and the platform's website is offline. The outage coincided with a remarkable surge in the stock market, as exit polls projected a third term for Prime Minister Narendra Modi's government in the 2024 Lok Sabha elections.

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Nifty Bank hits record high:Nifty Bank index soared as much as 4.09 percent to hit an all time high of 50,990 on Monday. However, the index is now trading off highs.

At 10:07 AM, Nifty Bank index was trading 2.87 per cent higher at 50,360,05 levels. By comparison, Nifty 50 index was trading 2.81 per cent higher at 23,163.30 levels

The BJP on Sunday returned to power in Arunachal Pradesh for the third time in a row, as the party won 46 seats in the 60-member assembly and secured a majority, Election Commission officials said.

Votes were counted for 50 assembly segments for which elections were held in the northeastern state along with Lok Sabha polls on April 19. The rest 10 seats were won by the saffron party uncontested.

An IndiGo flight operating from Chennai to Mumbai with 172 persons on board landed in full emergency conditions here on Saturday after it received a bomb threat, sources have said.

The flight landed at around 8.45 am and the passengers' deplaning has been completed using the step ladder, a source said.

Top leaders of the INDIA bloc will meet here on Saturday to discuss their strategy for the counting of votes on June 4, even as the TMC and PDP are set to skip the meeting.

Senior leaders of the Congress, CPI-M, CPI, DMK, AAP, RJD, Shiv Sena (UBT) and NCP (Sharad Pawar) will hold discussions at Congress president Mallikarjun Kharge's residence this afternoon.

Pune police have arrested the mother of the minor in the Porsche car accident case after confirmation that his blood samples were replaced with hers, the city police chief said on Saturday. She is likely to be produced in a court during the day.

As part of their probe, the police also spoke to the minor for about an hour at the observation home, where he has been sent till June 5, in his mother's presence.

In a first, the Reserve Bank of India (RBI) on Friday cancelled the auction of 10-year green bonds as traders refused to pay greenium, said dealers. Greenium signifies the premium investors are willing to pay for green bonds because of their sustainability impact.

Diverging from the pattern of issuing green bonds in the latter half, the government plans to issue green bonds worth Rs 12,000 crore in the first half of the current financial year. The green bonds were planned to be issued in two tranches of Rs 6,000 crore each for a period of 10 years.

Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices.

Aviation turbine fuel (ATF) price was cut by Rs 6,673.87 per kilolitre, or 6.5 per cent, to Rs 94,969.01 per kl in the national capital, according to a price notification of state-owned fuel retailers.

The Indian government has cut the windfall tax on petroleum crude to Rs 5,200 ($62.33) per metric tonne from Rs 5,700, effective on June 1, according to a notification issued on Friday.

The tax, which is revised every fortnight, remains unchanged at zero for diesel and aviation turbine fuel.

At least 15 people have died of suspected heatstroke in India's eastern states of Bihar and Odisha on Thursday, authorities said, with the region gripped in a debilitating heatwave expected to continue until Saturday.


India has been experiencing a blisteringly hot summer and a part of capital Delhi recorded the country's highest ever temperature at 52.9 degrees Celsius (127.22 degrees fahrenheit) this week, though that may be revised with the weather department checking the sensors of the weather station that registered the reading.

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