During the day, the BSE Sensex made a high of 78,270.42, up 1,423 points, or 1.85 per cent. Likewise, the NSE Nifty50 gained 439 points, or 1.84 per cent to hit a high of 24,280.90 levels. Indian equity benchmark indices Sensex and Nifty witnessed a sharp rebound on Wednesday, April 15, amid optimism over the…
The buying on the counters came after the Delhi government proposed a 100 per cent exemption on road tax and registration fees for electric cars priced up to ₹30 lakh JBM Auto, Olectra Greentech, and Atul Auto shares spiked up to 18.9 per cent in trade on BSE after the Delhi government released a draft…
The high-stakes engagement between US and Iran in Pakistan ended after marathon discussions that stretched 21 hours, with both sides blaming each other for the breakdown. Table Of Contents Why did the Islamabad talks fail? What were the point of contention between US and Iran? What did US say after Islamabad talks failed? Iran…
Investors continue to show strong commitment to systematic investing despite the stock market selloff last month. Equity mutual funds also saw significant buying, particularly in flexi-cap and small-cap categories. Systematic Investment Plan (SIP) flows jumped to a record high in March, while equity mutual funds also witnessed healthy demand, according to monthly data released by…
Sensex ended at 76,631.65, down 931.25 points or 1.20 per cent. Nifty closed the day at 23,775.10, down 222.25 points or 0.93 per cent. Nifty Bank settled at 54,821.70, down 1.58 per cent. Benchmark indices, Sensex and Nifty fell over 1 per cent, while Nifty Bank tumbled 1.5 per cent, to snap five sessions of…
US President Donald Trump revealed details of the US’ deal with Iran on Wednesday, hours after a two-week ceasefire was announced between the two warring countries. Trump said the United States will work closely with Iran, “which we have determined has gone through what will be a very productive Regime Change!” Through Trump had said…
Goldman Sachs reports that despite the Iran war impacting markets, diversified portfolios have shown limited damage, with a modest 5% decline. The firm suggests rethinking portfolio strategies to balance growth, inflation protection, and risk mitigation in the current environment. The Iran war has rattled global markets, lifted oil prices and reignited inflation concerns, but the…
The rupee closed 0.1% higher at 93.0612 per dollar after rising as much as 0.4% on Monday. The Indian rupee edged up, extending its biggest rally in 12 years after the central bank doubled down on curbing speculation against the local currency. The rupee closed 0.1% higher at 93.0612 per dollar after rising…
The latest reading reflects a fragile, uneven rebound in industrial activity amid soft domestic demand, global uncertainty, and sector-specific challenges. India’s industrial production growth accelerated to 5.2% year-on-year in February, led by a robust expansion in manufacturing and supported by moderate growth in mining and electricity, according to provisional data released by the ministry of…
Sensex crashed 1,690 points, or 2.25%, to end at 73,583, while Nifty 50 settled at 22,819.60, falling 487 points, or 2.09%. Investors lost about ₹9 lakh crore. The Indian stock market suffered strong losses on Friday, March 27, with equity benchmarks — Sensex and Nifty 50 — falling more than 2% each. Sensex crashed 1,690…