Countdown for Chandrayaan-2 lift-off progressing smoothly
Chennai, July 14: The 20-hour countdown for the July 15 early morning lift-off of India''s heavy rocket nicknamed ''Bahubali'' carrying the Chandrayaan-2 spacecraft is progressing smoothly, Indian space agency officials said.
"The countdown began at 6.51 a.m. on Sunday," K. Sivan, Chairman, Indian Space Research Organisation (ISRO), told.
Standing at about 44 metre tall, the 640-tonne rocket Geosynchronous Satellite Launch Vehicle-Mark III (GSLV-Mk III) is nicknamed ''Bahubali''. And just like the hero in the hit film by the same name lifted a heavy ''lingam'', the rocket will carry the 3.8 tonne Chandrayaan-2 spacecraft.
About 16 minutes into its flight, the Rs 375 crore GSLV-Mk III rocket is expected to sling the Rs 603 crore Chandrayaan-2 into an Earth parking 170x40,400 km orbit.
From there, it will be a long journey to the moon for the Chandrayaan-2 spacecraft carrying a lander called Vikram and a rover known as Pragyan.
The distance between the Earth and the moon is about 3.844 lakh km.
On September 6, the lander Vikram is expected to make a soft landing on the moon and then the rover Pragyan will roll out to carry out in-situ experiments.
During the countdown, the rocket and the spacecraft''s systems will undergo checks and fuel will be filled to power the rocket engines.
According to ISRO, filling of the liquid fuel in the Liquid Core Stage has been completed on Sunday.
GSLV-Mk III is designed to carry 4 tonne class of satellites into Geosynchronous Transfer Orbit (GTO) or about 10 tonne to Low Earth Orbit (LEO), which is about twice the capability of GSLV Mk II.
The vehicle has two solid strap-on motors, a core liquid booster and a cryogenic upper stage.
To date, ISRO has sent up three GSLV-Mk III rockets.
The first one was on December 18, 2014, carrying the Crew Module Atmospheric Reentry Experiment. The second and third GSLV-Mk III went up on February 5, 2017 and November 14, 2018, carrying communication satellites GSAT-19 and GSAT-29, respectively.
Interestingly, GSLV-Mk III will also be used for India''s manned space mission slated in 2022.
12 hours to go...For the launch of #Chandrayaan2 onboard #GSLVMkIII-M1
— ISRO (@isro) July 14, 2019
Stay tuned for more updates... pic.twitter.com/yEmkmaJ9a1
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Sensex rises nearly 295 pts to close at 2025-high on foreign fund inflows, drop in crude prices
Mumbai, May 5 (PTI): Benchmark BSE Sensex climbed nearly 295 points to close at an over four-month high on Monday following sustained foreign fund inflows and a sharp correction in global crude oil prices.
Rising for the second in a row, the 30-share BSE barometer gained 294.85 points or 0.37 per cent to settle at 80,796.84, marking its highest close in 2025 so far. During the day, it jumped 547.04 points or 0.67 per cent to 81,049.03.
The NSE Nifty rose 114.45 points or 0.47 per cent to 24,461.15, its highest closing level in 2025.
Among Sensex firms, Adani Ports jumped 6.29 per cent amid reports that Gautam Adani's representatives met with US administration officials to seek the dismissal of criminal charges in a bribery probe. All other listed Adani group stocks, including Adani Enterprises, Adani Ports, Adani Power and Adani Green Energy, ended with sharp gains.
Bajaj Finserv, Mahindra & Mahindra, Eternal, Power Grid, ITC, Tata Motors, Asian Paints and Hindustan Unilever were also among Sensex gainers.
Among the laggards, Kotak Mahindra Bank tanked 4.57 per cent after the firm reported a 7.57 per cent decline in consolidated net profit to Rs 4,933 crore for the March quarter of FY25, primarily due to elevated stress in the microlending book.
State Bank of India, Axis Bank, Titan and IndusInd Bank were among the other losers.
State Bank of India dipped over 1 per cent after it reported an 8.34 per cent decline in consolidated net profit to Rs 19,600 crore for the January-March quarter compared to Rs 21,384 crore a year ago, impacted by a decline in net interest margins.
Foreign Institutional Investors (FIIs) bought equities worth Rs 2,769.81 crore on Friday, according to exchange data.
Foreign investors injected Rs 4,223 crore into the country's equity market in April, as they turned net buyers for the first time in three months amid a blend of favourable global cues and robust domestic fundamentals.
The inflow of foreign capital came last month following a back-to-back net outflow of Rs 3,973 crore in March, Rs 34,574 crore in February, and Rs 78,027 crore in January.
"The market has sustained its positive momentum, though the level of optimism has decreased. Continued foreign inflows and record GST collections in April indicate resilience in economic activity, fostering mild hopefulness. A weak dollar and a decline in oil prices have further bolstered FII sentiment.
"However, the market's momentum is moderating, with action shifting from broad-based movements to stock and sector-specific trends based on results," Vinod Nair, Head of Research, Geojit Investments Limited, said.
The BSE midcap gauge jumped 1.45 per cent and smallcap index climbed 1.23 per cent.
Among sectoral indices, services jumped the most 2.99 per cent, followed by oil & gas (1.95 per cent), auto (1.88 per cent), consumer discretionary (1.58 per cent), utilities (1.50 per cent) and energy (1.49 per cent).
Bankex emerged as the only loser.
As many as 2,563 stocks advanced while 1,459 declined and 180 remained unchanged on the BSE.
Markets in South Korea, Japan, China and Hong Kong were closed due to holidays.
European markets were trading on a mixed note.
US markets ended significantly higher on Friday.
Global oil benchmark Brent crude dropped 1.45 per cent to USD 60.40 a barrel.
The 30-share BSE benchmark gauge settled 259.75 points, or 0.32 per cent, higher at 80,501.99 on Friday. The Nifty eked out a marginal gain of 12.50 points, or 0.05 per cent, to settle at 24,346.70.
