The markets have been trending higher for the second consecutive session on Thursday. The food delivery major occupied the top spot for the second straight day with almost a 5% rally in today’s trade. Here’s a list of the top five movers that surged the most on the Nifty 50. Zomato The share price of
The Indian equity benchmarks ended Wednesday’s session on a positive footing. The Sensex wrapped up the day at 80,998.25, gaining 260.74 points or 0.32%, while the Nifty closed at 24,625.10, up 82.60 or 0.34%. Banking stocks also contributed to the uptrend, with the Nifty Bank finishing at 55,676.85, up by 0.14%. Here are some of
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
ITR Filing AY 2025-26: One common question most taxpayers grapple with every year when they file their income tax return (ITR) is if they can claim both House Rent Allowance (HRA) and home loan interest deduction benefits. So, the answer is ‘yes’, it is legally possible since many taxpayers live on rent and also pay
In a major development in India’s private retail energy sector, Adani Total and Jio BP have partnered to integrate each other’s energy products at their retail outlets. According to an Adani Total Gas statement, while Adani Total Gas outlets will offer Jio BP’s petrol and diesel at their outlets, Jio BP will integrate Adani Total
Indian equity markets ended higher in Wednesday’s session on a higher note, near day’s high, as the geopolitical tension between Iran and Israel eased. The Nifty 50 closed the session 200 points or 0.80% higher at 25,244, the Sensex rose 700 points or 0.85% to end at 82,755. In line with the overall bullish market
In the wake of RBI repo rate cuts in the last around 6 months, the affordability of homes for buyers has improved across eight major cities in the country in the first half of this year, according to a report. According to Knight Frank India’s latest Affordability Index for H1 2025, housing affordability has improved
Danish pharma giant Novo Nordisk is preparing for a major push in India with its blockbuster weight-loss drug Wegovy (semaglutide), according to a report by The Economic Times. The company is targeting sales of $1 billion (around Rs 8,600 crore) in the next five -seven years. The Economic Times, citing sources, reports that a pan-India
