For the week, the Nifty dropped 5.3%, its biggest decline since June 2022, while the Sensex fell 5.5%, marking its worst weekly fall since May 2020. The benchmark equity indices Sensex and Nifty settled sharply lower on Friday amid escalating tensions in West Asia and rising crude oil prices. Weak global markets, continued foreign…
Bitcoin is down 7.96% year-to-date, trading at $86,065 as of December 18 after beginning the year at $93,508. In comparison, Ethereum has recorded a steeper decline of 15.25% YTD, with its price falling from $3,337 to $2,828 during the same timeframe. From bitcoin reaching record high of $1,00,000 to retracing around $86,000 level -the crypto…
Quick commerce now accounts for nearly half of Eternal’s annualised net order value (NOV), with Blinkit surpassing food delivery on key metrics. In a significant milestone for Eternal, quick commerce platform Blinkit has overtaken the company’s food delivery business (formerly Zomato) in both gross and net order value for the first time in the June…
Gains in heavyweight financials offset losses in pharma stocks, which fell after U.S. President Donald Trump’s tariff threats. While the pharma tariffs could impact sentiment in the short to medium term, analysts believe the effect may not be long-lasting. Sensex and Nifty ended flat for the third session in a row ahead of the FOMC meeting…