Sensex snaps 8-day losing run, Nifty tops 24,800 as RBI keeps policy rates unchanged

Investors’ wealth rose by more than Rs 3 lakh crore as the overall market capitalisation of BSE-listed firms surged to Rs 455.57 lakh crore from Rs 452.23 lakh crore on Tuesday, September 30. After eight straight sessions of losses, domestic equities finally staged a rebound on Wednesday. Both Sensex and Nifty closed higher as the…

US-China tariff: Trump says China to supply rare earths upfront under new trade deal

China will supply rare earths and magnets upfront to the U.S. under a new trade deal announced by President Donald Trump. The agreement, still pending final approval, also includes U.S. concessions like easing restrictions on Chinese students.   The agreement was reached after two days of rigorous discussions and expands on the agreement made during…

IndusInd Bank impact? Ashok Leyland, other Hinduja stocks lost Rs 21,000 cr in market value

IndusInd Bank eventually closed the day at Rs 657.25 on BSE, down 27.02 per cent. This is the same level IndusInd Bank traded at in early November 2020. Ashok Leyland settled the day at Rs 200, down 3.24 per cent.   Ashok Leyland Ltd joined IndusInd Bank Ltd and three others to tumble on Tuesday, as…