Indian equity markets closed the session on a higher note. The Nifty 50 closed the session 0.49% higher at 25,090, and the Sensex ended the day 440 points higher at 82,200. Outperforming the overall markets, the Nifty Bank settled over 670 points higher at 56,950. In line with the overall market sentiments, the BSE Midcap
After three months of fund infusion, foreign investors turned net sellers with withdrawal of Rs 5,524 crore so far in July, due to ongoing trade tensions between the US and India and mixed corporate results. With this, the total outflow has reached Rs 83,245 crore so far in 2025, data with the depositories showed. Looking
US President Donald Trump signed the recently passed stablecoin bill into law on Friday — vowing that the crypto industry was “going to be stronger and bigger and better than ever before”. Bitcoin set new records this week as public sentiment improves steadily after a tariff-induced selloff earlier this year. Anticipation about a sustained bull
AI has emerged as one of the most talked-about themes recently. Companies engaged in Artificial Intelligence (AI) fall into several key categories. We have companies with machine learning platforms developing ML algorithms and platforms for data analysis, predictive modelling, and automation. Firms also specialise in conversational AI, chatbots, language translation, sentiment analysis etc. There are also
Indian equity markets ended Thursday’s session in the red, as major indices gave up early gains amid selling pressure in IT and banking stocks. At close, the Sensex settled at 82,259.24, down 0.45%, while the Nifty ended at 25,111.45, slipping 0.40%. The Nifty Bank too closed lower at 56,828.80, down 0.59%. What moved the markets
Indian equity benchmarks ended Tuesday’s session on a firm footing, rebounding from a cautious start earlier in the day. Both Sensex and Nifty extended gains into the second half. At close, the Sensex stood at 82,634.48, gaining 0.08%, while the Nifty settled at 25,212.05, up 0.06%. The Nifty Bank also edged higher, closing at 57,168.95
WeWork India, the co-working major, has received approval from the market regulator Securities and Exchange Board of India, to launch its Initial Public Offering (IPO). As per the DRHP filing by the company, the entire IPO of the real estate company consists of an offer for sale of equity shares. WeWork’s promoters, Embassy Buildcon and
Benchmark indices ended Monday’s session in the red. The Sensex closed at 82,252.55, slipping 247.92 points or 0.30%, while the Nifty settled at 25,082.30, down by 67.55 points or 0.27%. The Nifty Bank ended at 56,765.35, a decline of 0.02%. “Markets started the week on a volatile note and extended their recent decline, ending nearly
Public sector bank Union Bank of India on Friday announced waiving penalty charges for not maintaining the minimum balance amount in general savings accounts. The direction is effective from the quarter ending September 2025. “In alignment with the spirit of financial inclusion and customer-centric banking, Union Bank of India now waives charges for non-maintenance of
Bajaj Finserv on Thursday reported a 30 per cent year-on-year rise in consolidated net profit at Rs 2,789 crore for the first quarter of FY26, compared to Rs 2,138 crore in the same period last year. However, its lending arm Bajaj Finance has reported a decline in asset quality. Bajaj Finserv: Revenue rises 12.5 per
Indian equity markets closed on a lower note for the second consecutive session. The Nifty 50 closed the session over 200 points lower, just saving 24,800, and the Sensex ended the day more than 700 points or 0.88% points lower at 81,460. The Nifty Bank settled almost 530 points lower at 56,500. In line with
Federal Bank, in collaboration with fintech partners M2P and MinkasuPay, has introduced India’s first-ever biometric authentication solution for e-commerce card transactions, according to an official statement. With this solution, customers can now authenticate online purchases using just a touch or a look — their Fingerprint or Face ID. This solution not only enhances security but
FMCG major, Nestle India reported a 13.4 per cent fall in consolidated net profit for the June 2025 quarter at Rs 646.59 crore compared to Rs 746.6 crore in the same period last year. The drop was mainly due to higher commodity prices and increased operating costs, the company said in its regulatory filing. Here
