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BUSINESS HIGHLIGHTS

New Delhi, Mar 11 (PTI) Following are the top business stories at 2050 hours: DEL62 PM-LD PROJECTS **** Modi accuses Cong, allies of negativity; promises to double pace of implementing infra projects Gurugram (Haryana): Prime Minister Narendra Modi on Monday launched a scathing attack on opposition Congress and its allies saying that they are full of negativity, as he promised to double the pace of implementation of infrastructure projects to make India a developed nation by 2047. **** DEL59 BIZ-LD STOCKS **** Markets break two-day rally on weak global trends; Sensex plunge over 600 points Mumbai: Stock market benchmark Sensex declined by 616.75 points on Monday, snapping its two-day gaining streak due to selling in metal and banking shares amid weak trends in the global markets. **** DCM44 BIZ-LD-SEBI-SME **** Pockets of froth in small & mid-cap stocks; price manipulation in SME segment: Buch Mumbai: Sebi chairperson Madhabi Puri Buch on Monday said there are pockets of froth in small and mid-cap stocks which appear like irrational exuberance to the capital markets regulator. **** DEL114 BIZ-LD RUPEE **** Rupee falls 8 paise to settle at 82.75 against US dollar Mumbai: The rupee declined by 8 paise to settle at 82.75 against the US dollar on Monday, tracking bearish equity markets. **** DEL99 BIZ-INDIGO-LD SHARES **** Rakesh Gangwal sells 5.83 pc stake in IndiGo for Rs 6,785 crore New Delhi: Rakesh Gangwal, the co-founder and promoter of the country's largest airline IndiGo, on Monday sold 5.83 per cent stake in the carrier for Rs 6,785 crore through open market transactions. **** DEL57 PM-LD DWARKA EXPRESSWAY **** PM inaugurates Haryana section of Dwarka Expressway Gurugram (Haryana): Prime Minister Narendra Modi on Monday inaugurated 19-km long Haryana section of Dwarka Expressway, which will improve traffic flow and ease congestion between Delhi and Gurugram on NH-48 and will also boost economic activities in the National Capital Region. **** DEL66 BIZ-GOLD-PRICE **** Gold stays flat at Rs 66,400 per 10/grams; silver declines Rs 100 New Delhi: Gold prices stayed flat at Rs 66,400 per 10 grams in the national capital on Monday, according to HDFC Securities. **** PTI SHW

New Delhi, Mar 11 (PTI) Following are the top business stories at 2050 hours: DEL62 PM-LD PROJECTS **** Modi accuses Cong, allies of negativity; promises to double pace of implementing infra projects Gurugram (Haryana): Prime Minister Narendra Modi on Monday launched a scathing attack on opposition Congress and its allies saying that they are full of negativity, as he promised to double the pace of implementation of infrastructure projects to make India a developed nation by 2047. **** DEL59 BIZ-LD STOCKS **** Markets break two-day rally on weak global trends; Sensex plunge over 600 points Mumbai: Stock market benchmark Sensex declined by 616.75 points on Monday, snapping its two-day gaining streak due to selling in metal and banking shares amid weak trends in the global markets. **** DCM44 BIZ-LD-SEBI-SME **** Pockets of froth in small & mid-cap stocks; price manipulation in SME segment: Buch Mumbai: Sebi chairperson Madhabi Puri Buch on Monday said there are pockets of 'froth' in small and mid-cap stocks which appear like 'irrational exuberance' to the capital markets regulator. **** DEL114 BIZ-LD RUPEE **** Rupee falls 8 paise to settle at 82.75 against US dollar Mumbai: The rupee declined by 8 paise to settle at 82.75 against the US dollar on Monday, tracking bearish equity markets. **** DEL99 BIZ-INDIGO-LD SHARES **** Rakesh Gangwal sells 5.83 pc stake in IndiGo for Rs 6,785 crore New Delhi: Rakesh Gangwal, the co-founder and promoter of the country's largest airline IndiGo, on Monday sold 5.83 per cent stake in the carrier for Rs 6,785 crore through open market transactions. **** DEL57 PM-LD DWARKA EXPRESSWAY **** PM inaugurates Haryana section of Dwarka Expressway Gurugram (Haryana): Prime Minister Narendra Modi on Monday inaugurated 19-km long Haryana section of Dwarka Expressway, which will improve traffic flow and ease congestion between Delhi and Gurugram on NH-48 and will also boost economic activities in the National Capital Region. **** DEL66 BIZ-GOLD-PRICE **** Gold stays flat at Rs 66,400 per 10/grams; silver declines Rs 100 New Delhi: Gold prices stayed flat at Rs 66,400 per 10 grams in the national capital on Monday, according to HDFC Securities. **** PTI SHW

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