Fund flows
Foreigners: Foreign institutional investors were net sellers of stocks (Rs3,394.76 crore). They sold shares worth Rs39,900.89 crore.
 
 
Indians: Domestic institutional investors were net buyers of stocks (Rs1,475.73 crore). They bought shares worth Rs14,791.95 crore.
 

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Global market trends

The S&P 500 and NASDAQ Composite advanced 4% each, while the Nikkei and the Korean Composite ended flat. The Shanghai Composite fell 2%.

 

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Kejriwal govt stops termination of contractual employees in Delhi

Around one lakh employees, including doctors, nurses, teachers, sanitation staff are working under contractual scheme in several departments and agencies in Delhi government 

 

Arvind Kejriwal-led Aam Admi Party (AAP) government on Tuesday put a restriction on termination of services of any contractual employee in Delhi till a thorough review of the issue was completed. The move will benefit around one lakh employees working on contract basis in Delhi government.
 
The decision was taken at a high-level meeting presided over by Chief Minister Arvind Kejriwal.
 
Around one lakh employees, including doctors, nurses, teachers, sanitation staff are working under contractual scheme in various Delhi government departments and agencies.
 
“Services of any contractual employee should not be terminated or stopped till further orders,” said the brief government order issued to various departments.
 
Sources said contractual employees whose contractual term was nearing completion would also benefit as they will be allowed to continue in service.
 
Delhi government was in the process of carrying out a thorough review of the issue of contractual employees to finalise a policy framework, the sources said.
 
Various government departments including Education, PWD, Health and Family Welfare and Women and Child Development had recruited employees under contractual scheme in the last few years.
 
In its election manifesto, AAP had promised to regularise services of contractual employees in various Delhi government departments and agencies.
 

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