Airspace closures, rising jet fuel costs to hit IndiGo, SpiceJet’s profitability as cancellations amount

Geopolitical tensions between Israel and Iran have forced Indian airlines to cancel flights to the Middle East and parts of Europe, impacting up to 40% of Air India’s capacity.   The conflict between Israel and Iran has impacted the Indian airline carriers’ capacities, as geopolitical tensions have caused cancellations of all flights to the area…

India has enough fuel stocks to meet demand for up to eight weeks

While immediate shortages are unlikely, rising crude prices and higher freight and insurance costs could impact India’s import bill and inflation India holds sufficient crude and fuel inventories to meet domestic demand for petrol, diesel, and other fuels for six to eight weeks, top government sources said, cushioning the country against any short-term supply disruption…

DII buying hits Rs 12,293 crore, highest since Oct 2024; FIIs net sell Rs 7,536 crore

For the year 2026 so far, FIIs have been net sellers of shares worth over Rs 48,000 crore, while DIIs have net bought shares worth more than Rs 1.07 lakh crore.   At close, the Sensex was down 961.42 points or 1.17 percent at 81,287.19, and the Nifty was down 317.90 points or 1.25 percent…

NSE moves forward with listing, invites banks to pitch for $2.5 billion IPO

The planned share sale will be entirely an offer for sale, with existing shareholders expected to divest about 4 per cent to 4.5 per cent of the company’s equity By Rajesh Mascarenhas, Baiju Kalesh and Dave Sebastian National Stock Exchange of India Ltd. has issued a request for proposals to investment banks, inviting them to…

LIC loses ₹38,000 crore, MFs 63,000 crore in Feb so far as IT stocks crash on AI fear

Nifty IT index has plunged 21% in February so far, and is poised for its worst monthly performance in nearly 23 years. This has also weighed on the performance of the Indian stock market’s benchmark index, as the IT companies command over 10% weightage. IT stocks witnessed a breather on Wednesday, February 25, in an…

Sensex down 1,160 pts, Nifty below 25,500 Why are markets falling today?

The total mcap of BSE listed companies dropped by ₹4.73 trillion to ₹4,63,79,242 crore versus the previous session’s mcap of ₹46,852,324.31 crore.   Indian stock market indices Sensex and Nifty 50 slumped 1 per cent in trade on Tuesday, dragged down by a sharp selloff in IT counters amid rising fears of AI-led disruption. The…

Gurugram overtakes Mumbai to become India’s biggest Rs 10-crore-plus housing market

After Gurugram and Mumbai, Noida and Greater Noida were the favorites as the twin cities together sold Rs 9,358 crore worth homes in the ultra-luxury segment in CY 2025.   Gurugram clocked transactions worth Rs 24,120 crore in the Rs 10-crore-plus segment during calendar year 2025 — a record for any Indian city In a…

US-Iran war buzz fuels crude oil price to six month high. Time to invest in black gold?

Crude oil prices are near a six-month high due to US-Iran tensions. As of February 20, 2026, Brent crude reached $71.99, while WTI rose to $67.05. Analysts suggest geopolitical risks and shrinking inventories may drive prices higher, with a bullish outlook for WTI expected. Crude oil priceshovered near a six-month high on escalating US-Iran tensions,…

Sensex crashes 1,236 points, investors lose ₹8 lakh crore— Why did the stock market fall? Explained with 5 key factors

The Sensex crashed 1,236 points, while the Nifty 50 ended at 25,454.35. Investors lost about ₹8 lakh crore as the overall market capitalisation of BSE-listed firms dropped to nearly ₹464 lakh crore during the day from ₹472 lakh crore in the previous session. The Indian stock market saw a sharp selloff on Thursday, February 19,…

L&T, Nvidia to set up gigawatt-scale AI data centre infrastructure in India

L&T said that the partnership will work on developing AI-ready data centre infrastructure to support large-scale workloads across sectors such as manufacturing and infrastructure Larsen & Toubro (L&T) on Wednesday said that it plans to set up a joint venture with chipmaking major Nvidia to build sovereign, gigawatt-scale AI factory infrastructure in India.   The…