President Murmu visits Ram temple in Ayodhya
Ayodhya (UP) (PTI): President Droupadi Murmu visited the Ram temple in Ayodhya on Thursday and is scheduled to install a 150-kg gold-plated Shri Ram Yantra as part of special religious ceremonies.
According to an official post by the president's office on X, Murmu was received in Ayodhya by Governor Anandiben Patel, Chief Minister Yogi Adityanath, and Deputy Chief Ministers Keshav Prasad Maurya and Brajesh Pathak.
Temple trust member Anil Mishra said the yantra, based on Vedic mathematics, is designed to generate positive spiritual energy and symbolises the divine presence of Lord Ram. The 150-kg gold-plated square metal plate features engraved Vedic and 'beej' mantras.
The yantra has been modelled on the Shri Ram Yantra of the Kanchi Kamakoti Peetham and was crafted under the guidance of Swami Vijayendra Saraswati, Mishra said.
He added that the yantra was brought to Ayodhya in a ceremonial procession from Tirupati Devasthanam about two years ago and has since been worshipped daily. It will be installed on the second floor of the temple during the auspicious 'abhijit muhurat', as part of rituals linked to Chaitra Navratri and the Hindu New Year.
Meanwhile, security has been tightened across Ayodhya for the president's visit. Senior Superintendent of Police Gaurav Grover stated that over 7,000 personnel have been deployed at the temple complex and across the city, with additional forces stationed at sensitive locations.
Traffic restrictions have also been imposed, with authorities urging residents and devotees to cooperate and avoid restricted zones, officials said.
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Stock market mayhem wipes out Rs 12.87 lakh cr from investors' wealth
New Delhi (PTI): Equity investors' wealth eroded by Rs 12.87 lakh crore on Thursday as stock markets went into a tailspin, with the benchmark Sensex plunging over 3 per cent, pressured by a spike in crude oil prices due to increasing attacks on energy infrastructure in West Asia.
Investors have lost over Rs 37 lakh crore since the West Asia crisis erupted on February 28.
Snapping its three-day winning run, the 30-share BSE Sensex tanked 2,496.89 points or 3.26 per cent - its biggest single-day plunge since June 2024 -- to settle at 74,207.24, a level not seen since April 7, 2025. During the day, it dived 2,753.18 points or 3.58 per cent to 73,950.95.
The market capitalisation of BSE-listed companies dived sharply by Rs 12,87,273.89 crore to Rs 4,26,13,557.95 crore (USD 4.61 trillion) in a single day.
"Indian equity markets witnessed a sharp reversal today, breaking their three-day recovery rally and closing significantly lower, with benchmark indices declining by nearly 3.3 per cent.
"The sell-off was largely driven by a fresh escalation in geopolitical tensions in the Middle East, where renewed strikes between Israel and Iran targeting critical oil and LNG infrastructure have reignited concerns over global energy supply disruptions," Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.
Brent crude, the global oil benchmark, soared 6.21 per cent to USD 114 per barrel.
"The sharp rise in crude oil prices, driven by escalating tensions in the Middle East and concerns over supply disruptions, pushed prices closer to the USD 119 mark, adding to the negative sentiment. Furthermore, a hawkish stance from the US Federal Reserve, along with continued foreign institutional investor outflows, weighed heavily on market sentiment," Ajit Mishra – SVP, Research, Religare Broking Ltd, said.
From the 30-Sensex firms, Eternal, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, Larsen & Toubro and InterGlobe Aviation were among the major laggards.
HDFC Bank dropped 5.13 per cent after its chairman, Atanu Chakraborty, resigned, citing ethical concerns.
BSE MidCap Select index tumbled 3.34 per cent and SmallCap Select index dropped 2.77 per cent.
All sectoral indices ended lower. Auto dived 4.07 per cent, followed by realty (3.79 per cent), financial services (3.66 per cent), consumer discretionary (3.62 per cent), BSE Top 10 Banks (3.53 per cent), industrials (3.49 per cent), services (3.44 per cent), BSE Focused IT (3.41 per cent) and consumer durables (3.38 per cent).
A total of 3,192 stocks declined, while 1,051 advanced and 161 remained unchanged on the BSE.
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