In early trade, the Sensex and Nifty surged as much as 5.1 per cent and 4.9 per cent, respectively, marking one of the sharpest single-day rallies in market history. Domestic equity benchmarks Sensex and Nifty extended their rally for a second consecutive session on Tuesday, ending with their biggest single-day percentage gains in nearly eight…
Sensex, Nifty rebounded on Monday driven by value-buying, after facing a massive drubbing on the Budget day. The equity benchmark indices Sensex and Nifty staged a sharp recovery on Monday, amid value buying in blue-chip oil & gas, banking and auto shares. After opening on a weak note, tracking a broad-based sell-off during a special…
Sebi’s NoC puts an end to nine years of waiting for NSE’s initial public offering (IPO). The Securities and Exchange Board of India (Sebi) has issued a no-objection certificate (NoC) for the public listing of National Stock Exchange of India Ltd (NSE), according to two people familiar with the matter. The development puts an end…
RBI announced over $23 billion in liquidity measures via repos, FX swaps and bond buys to ease banking system stress amid rising yields and rupee pressure The RBI has bought 3 trillion rupees of bonds during December-January, boosting the note-purchase tally for the fiscal year to a record high of 5.7 trillion rupees The…
Revenue from operations for the quarter climbed 6.2 per cent to Rs 23,471.9 crore, up from Rs 22,110.7 crore in the same period last year. InterGlobe Aviation Ltd, the parent company of India’s largest airline, IndiGo, reported a sharp decline in its bottom line for the third quarter ended December 31, 2025 on Thursday. The…
Zomato’s Deepinder Goyal on Wednesday announced that he is stepping down from the role of Eternal Group Chief Executive Officer, effective February 1, according to a company filing. In a letter to shareholders, Goyal said, “Of late, I have found myself drawn to a set of new ideas that involve significantly higher-risk exploration…
In two consecutive sessions, the 30-share pack Sensex has crashed over 1,390 points, or 1.7%, while the Nifty 50 has dropped by 1.8%. Investors lost nearly ₹12 lakh crore in just two sessions. The Indian stock market continued reeling under selling pressure for the second consecutive session on Tuesday, January 20, tracking weak global cues…
Growth is projected to ease to 6.4 per cent in 2026 and 2027 as temporary and cyclical factors supporting the economy begin to wane. The International Monetary Fund (IMF) on Monday raised its growth forecast for India for the 2025–26 financial year, citing stronger-than-expected momentum in recent quarters, even as it flagged a moderation in…
Reliance Q3 results: Mukesh Ambani-owned Reliance Industries (RIL), on Friday, January 16, reported a nearly 2% year-on-year (YoY) rise in its consolidated profit to ₹22,167 crore. Consolidated EBITDA rose by 6.1% YoY, while EBITDA margin shrank by 70 bps YoY to 17.3% for Q3FY26. Reliance Q3 results: Mukesh Ambani-owned Reliance Industries (RIL), on Friday, January…
Historical trends indicate that the Indian market typically underperforms in January preceding a budget, with the Nifty falling in four of the last five years due to profit-booking and policy uncertainty, an analyst said. Finance Minister Nirmala Sitharaman will be presenting Union Budget 2026 on February 1. Investors are looking forward to a rally ahead…