The Indian benchmark indices, Sensex and Nifty, ended Tuesday’s session with sharp losses after a subdued start. The Sensex closed at 80,737.51, falling 636.24 points or 0.78%, while the Nifty slipped 174.10 points or 0.70% to settle at 24,542.50. The Nifty Bank index also declined, closing at 55,599.95, down by 0.54%. Here are 5 key
The Nifty Metal index hammered 1.6% to the 9,047.95 level on Monday after the US President Donald Trump said that he would double the import duty on steel imports, implying this Wednesday. On Friday, Trump announced to raise the tariffs on steel imports to 50%. He was addressing a rally at a US steel plant
RBI’s interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said. Moreover, trading activity of Foreign Institutional Investors (FIIs) and developments on the tariffs front would also guide investors’ sentiment, experts noted. RBI Policy meeting in focus “Looking ahead
The Indian stock market is currently going through a phase of volatility, with the Nifty 50 and BSE Sensex hovering below their record highs. After a good 2023 and 2024, midcaps and smallcaps corrected sharply. This was due to profit-booking, liquidity issues, and high PE multiples, leading investors back to largecaps. Yet, structural growth for
The markets closed Friday’s session on a lower note. The Nifty 50 closed the session 83 points or 0.33% lower at 24,750, the Sensex fell 182 points or 0.22% to settle at 81,451. However, the banking stocks surged higher breaking ranks with the overall markets, the Nifty Bank rose 204 points or 0.37% to end
A rather choppy session for the markets with select pockets of opportunities today. The Financial sector stocks have been in focus after the encouraging Q4 numbers that indicated an overall improvement in asset quality. Key international brokerage house Jefferies has identified three stocks from the banking and financial space. They have a buy rating on
The range-bound session ends on a lower note for the second straight session on Wednesday. The Nifty 50 closed the session 74 points or 0.30% lower at 24,752, the Sensex fell 240 points or 0.29% to settle at 81,312. Breaking ranks with the overall market sentiments, the Nifty Bank inched up 64 points or 0.12%
The volatile session ends on a lower note on Tuesday. The Nifty 50 closed the session 163 points or 0.65% lower at 24,838, the Sensex fell 592 points or 0.72% to end at 81,5845. In line with the overall market sentiments, the Nifty Bank declined 220 points or 0.40% to end at 55,351.30. However, the
The last date for Income Tax Return (ITR filing AY 2025-26) is now just 4 days away. This deadline will end on September 15, 2025. In such a situation, crores of taxpayers would like to see another extension in the return filing deadline. The finance ministry extended the deadline for taxpayers in May this year
JSW Group companies have been in focus. While JSW Energy boosted its renewable push with capacity addition, JSW Infra has made a brownfield rail siding acquisition. Both companies are betting on big expansion. Here are all the details- JSW Energy commissions 317 MW RE Capacity JSW Energy, a JSW Group company, announced that it has
The Securities & Exchange Board of India (Sebi) plans to end weekly expiry hit stocks of brokerage firms, clearing houses and the only listed stock exchange – BSE – on Thursday. The stock price of BSE and Angel one were down l 4.5% and 4.9%, respectively. Nuvama Wealth’s stock price closed 3.4% lower. Share prices
After an exceptional July, when inflows into equity funds soared to Rs 42,702 crore – the highest this calendar year – in August, flows were more subdued at Rs 33,430 crore – a drop of 22%, according to data from Association of Mutual Funds in India (Amfi). Retail investors continued to tap the equity market
UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s