Market condition on Monday, Amid the Coronavirus epidemic, there was a fall in the stock markets on Monday due to growing concern about the banks’ trapped debt. The Bombay Stock Exchange (BSE) Sensex finally ended 194 points down at 37,935 points in a volatile business due to frequent selling in banking stocks.
At the same time, the Nifty fell 62.35 points, or 0.56 per cent, to close at 11,131.80. Among the Sensex stocks, ICICI Bank, HDFC Bank, Axis Bank, IndusInd Bank and Bajaj Finance were the biggest losers. Their share prices came down to 6.11 per cent.Tech Mahindra had a strong start on the second business day of the week i.e. Tuesday. Tech Mahindra shares were seen trading up over 4 per cent in early trade. The company played the role of top gainer on the BSE index.
Rafael Arriving in India
All preparations for Rafale fighter jets have been made at Ambala airbase. Because the first batch will be deployed at this base in Haryana, close to Delhi. A separate infrastructure has been prepared at Ambala airbase for the deployment of Rafale fighter jets, including hangars (stand-off aircraft), air-strip and command and control systems. Rafal’s first squadron has been named the ‘Golden Arrow’.
Rafael’s induction into the Indian Air Force is considered a ‘game changer’ in South Asia. Because Rafale is a 4.5 generation medium multirole aircraft. Being multirole, the two-engine (two-in-one) Rafal fighter jet is capable of establishing its dominion in the air as well as deep-penetrations and attacking the enemy’s range.
Will be deployed in Ladakh sector!
Official sources said that Rafale fighter jets are likely to be deployed in the eastern Ladakh sector so that the Indian Air Force can strengthen its operational capabilities along the Line of Actual Control in the wake of a dispute with China.
Officials said that after the arrival of Rafale planes, the combat capabilities of the Air Force will increase further. India signed an inter-governmental agreement with France in September 2016 to purchase 36 Rafale fighter jets for about 58 thousand crores. Of these 36 Rafale aircraft, 30 will be fighter aircraft and six training aircraft.