Renewed buying by FIIs, coupled with short-covering on hopes of likely trade deals with the US fueled today’s market rally, say analysts. The Sensex reclaimed 78,500-mark, and Nifty topped 23,850. The Indian equity benchmark indices, the Bombay Stock Exchange (BSE) Sensex and the National Stock Exchange (NSE) Nifty 50 staged a strong rebound from…
Foreign institutional investors (FIIs) snapped a nine-day selling streak on April 15, Tuesday, to buy domestic equities worth ₹6,065.78 crore, marking the third-largest single-day buying this year (₹11,111.25 crore on March 27; ₹7,470.36 crore on March 21). On the same day (April 15), domestic funds sold stocks worth ₹1,951.6 crore, according to NSE data. …
Moody’s Ratings on Wednesday revised its forecast for India’s GDP growth downward from 6.6 per cent in February to a lower range of 5.5 to 6.5 per cent for calendar year 2025 amid a raft of new US tariffs. The rating agency’s report on tariffs and trade turmoil said that the tariffs will weigh…
The Food & Beverages category saw inflation ease by 95 basis points month-on-month, settling at 2.88%, largely driven by continued deflation in vegetable prices. Consumer Price Index (CPI) inflation cooled to 3.34% in March 2025, marking the lowest level in 67 months, primarily due to a steep decline in food inflation. The Food &…
The Uttar Pradesh government is reportedly in talks with iPhone manufacturer Foxconn to set up a new facility in the Greater Noida region. According to sources, UP government officials and representatives of the Taiwanese company have already held two rounds of meetings at Delhi and Lucknow on the proposed project. The new facility is likely…
In a significant policy shift, the US on April 10 temporarily paused the imposition of fresh tariffs on Indian imports for 90 days. The move, announced via White House executive orders, provides crucial relief to Indian exporters grappling with new trade barriers. India and the United States have locked in the terms for the…
RBI lowers repo rate by 25 bps and trims GDP projection for FY26, citing controlled inflation and global trade and policy uncertainties The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has unanimously decided to reduce the repo rate by 25 basis points to 6 per cent, Governor Sanjay Malhotra announced on Wednesday. This marks the second…
The India VIX, which measures market volatility, spiked 65.7 percent to 22.79, the highest level since June 4, 2024, creating significant discomfort for bulls. Bears maintained their tight control over the market despite a recovery from the day’s low, driving the benchmark index, Nifty 50, down by over 3 percent on April 7. Selling…
On Thursday, President Trump unveiled a reciprocal plan to impose a 10% tariff on imports from all countries entering the US. He imposed a 34% tariff on China. China’s Ministry of Finance has announced that it will impose an additional 34% tariff on all US goods, effective April 10. This action is a direct…
Trump’s tariff shock: IT shares were the top Sensex and sectoral losers over fears of recession as experts see additional tariffs detrimental to the economic growth in the US. This would impact demand for services of Indian IT companies in that country. The Indian stock market recovered partially from the initial jitters of the…