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…
DetailsThe 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…
DetailsAfter 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…
DetailsCrude 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,…
DetailsThe 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,…
DetailsL&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…
DetailsThe planned data centres will include dedicated computing capacity for Indian large language models (LLMs) and other national data projects The Adani Group is set to invest $100 billion to build renewable energy-powered artificial intelligence (AI)-ready data centres across India by 2035, the company said in a press release on Tuesday. According to the…
DetailsThe NBFC stock has faced near-term pressure, with its share price slipping slightly over the past five sessions and declining about 4% over the last month. Manappuram Finance, on Saturday, said that the company has received Reserve Bank of India (RBI) approval for the proposed acquisition of up to 41.66% of the company’s paid-up equity…
DetailsThe grand total of vehicles across categories grew by 23.5% y-o-y to 24,50,944 units as compared with 19,83,771 units in the corresponding month last year Passenger vehicles (PVs), two-wheelers and three-wheelers posted their highest-ever domestic wholesales (dispatches to dealers) of January in 2026, with double digit growth, compared to January 2025, the Society…
DetailsIndia and France likely to ink pact for purchase and coproduction of Rafales during French President Emmanuel Macron’s visit to India late next week Ahead of French President Emmanuel Macron’s visit to India from February 17, The Defence Acquisition Council, headed by Defence Minister Rajnath Singh, on Thursday gave initial clearance for a deal…
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