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Home  Business

Business

Sensex, Nifty plunge over one per cent amid geopolitical tensions

Sensex, Nifty plunge over one per cent amid geopolitical tensions

  • Rupee rises 25 paise against dollar amid foreign inflows, hopes of US trade pact

    Forex traders said India is presenting a picture of quiet strength. The Reserve Bank of India, in its recent bulletin, emphasised India's growing economic resilience, driven by strong macro fundamentals, diverse trade ties, and rising global interest in Indian markets.
  • Sensex, Nifty slip after early gains amid global rally; Axis Bank declines post Q4 results

    The 30-share BSE benchmark rose by 329.23 points to reach 80,130.66 in early trading, while the NSE Nifty advanced 118.75 points to 24,365.45. However, both indices later reversed their gains and slipped into the red, with the BSE benchmark down 174.24 points at 79,627.19 and the Nifty lower by 94.35 points at 24,152.35.
  • Pahalgam attack: Pakistan’s stock market plunges

    KSE-100 index plunged by 2,485 points early in the session as tensions between India and Pakistan simmer
  • Editorial: Indo-US trade deal imminent

    US Vice President JD Vance’s visit to India helped in removing uncertainties surrounding the new tariff regime and cleared the way for finalising a trade agreement between the two countries
  • OPPO launches A5 Pro 5G in India: Rugged durability meets smart AI at Rs 17,999

    With industry-leading IP66, IP68, and IP69 ratings and Military Grade certification, the A5 Pro 5G is built to endure harsh environments. It features reinforced double-tempered glass, an aluminum alloy frame, and OPPO’s Sponge Bionic Cushioning for shock absorption. Splash Touch allows smooth touchscreen use even with wet hands or gloves.
  • Rupee slips 22 paise to 85.67 amid geopolitical tensions, weak equities

    According to forex traders, market sentiment took a hit due to rising geopolitical tensions following a terror attack in Pahalgam, Jammu & Kashmir. On the international front, the US dollar index rebounded sharply, climbing from a recent low of 97.92 to 99.94. This recovery was fueled by renewed optimism over a possible easing of trade tensions between the US and China, they noted.
  • Sensex, Nifty slip after 7-day rally amid profit booking and weak asian cues

    The 30-share BSE Sensex dropped 242.01 points to 79,874.48 in early trade, while the NSE Nifty slipped 72.3 points to 24,256.65. This comes after a strong seven-day rally, during which the Sensex surged by 6,269.34 points (8.48%) and the Nifty advanced 1,929.8 points (8.61%).
  • Hyderabad: Accenture acquires TalentSprint to enhance LearnVantage’s training programs

    The acquisition will strengthen Accenture LearnVantage's capacity to fuel growth by offering essential university certifications and impactful bootcamps, helping to develop skilled talent pools for businesses and governments.
  • Sensex soars 659 points, Nifty up 192 as global rally, IT stocks, and FII inflows boost sentiment

    Investor sentiment was further buoyed by strong buying in blue-chip IT stocks. In early trade, the 30-share BSE Sensex surged 658.96 points to 80,254.55, while the NSE Nifty climbed 192.05 points to 24,359.30.
  • Rupee falls 15 paise to 85.34 against US dollar as Trump softens stance on Fed, China

    Forex traders noted that market sentiment improved after Donald Trump, on Tuesday, stepped back from his earlier threats to dismiss Federal Reserve Chair Jerome Powell, following days of escalating criticism over Powell’s reluctance to cut interest rates. Trump also hinted at the potential for reduced tariffs on Chinese goods.
  • Opinion: Growing uncertainty and impact on India’s Balance of Payments

    India should focus on expanding trade with developed countries rather than developing nations, leveraging its skilled and cost-effective labour advantage
  • Adani-Hindenburg saga: How ‘Operation Zeppelin’ unfolded

    In January 2023, Hindenburg published a scathing report describing the Adani Group as “the largest con in corporate history”. The fallout was swift: stock prices plummeted, wiping out over $150 billion in market value, and the group’s biggest public offering was abruptly scrapped
  • Govt extends tenure of RBI Deputy Governor T Rabi Sankar by one year

    The Appointments Committee of the Cabinet has approved the re-appointment of Rabi Sankar for a period of one year with effect from May 3, 2025, or until further orders
  • Gold touches Rs 1 lakh for first time

    According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold rose sharply from Rs 96,670 to Rs 1,00,000 per 10 grams -- a jump of Rs 3,300 within 24 hours
  • FM Nirmala Sitharaman invites global IT CEOs to explore opportunities in India

    During a bilateral meeting with Google Cloud CEO Thomas Kurian and his team here, Sitharaman encouraged them to explore local linkages in India for territorial collaboration and to develop tech for India and the world market under the 'Make In India' initiative
  • India, US finalise ToR for proposed bilateral trade agreement: USTR

    India and the US have finalised the terms of reference outlining the roadmap for negotiations of the proposed Bilateral Trade Agreement (BTA)
  • Gensol shares tumble 5 per cent; hit fresh lower circuit level

    Shares of Gensol Engineering tumbled 5 per cent to hit another lower circuit limit as investors continued to desert the company's counter amid the ongoing crisis at the firm
  • Gold prices hit record high of Rs 96,805, may touch Rs 1 lakh mark soon

    Spot gold prices in India also surged. According to the India Bullion and Jewellers Association (IBJA), the fine gold (999 purity) was priced at Rs 9,659 per gram, while 22-carat gold stood at Rs 9,427
  • Hyderabad: Real estate developers Raghava announce new project ‘Cinq’ in Financial District

    Spread across 7.19 acres, ‘Cinq’ by Raghava features five 61-storey towers that house exclusive high-end 4 BHK residences with the development full of curated amenities
  • Govt orders Google to remove Chinese app ‘Ablo’ for showing wrong map of India

    The government’s notice states that the China-based video chat platform, which has over 10,000 downloads on Google Play, misrepresented the Union Territories of Jammu & Kashmir and Ladakh, and entirely omitted Lakshadweep Island from its map
  • Samsung to introduce AI-based commands for vernacular languages, India-specific features to drive AI appliances sale

    The Appliances & Consumer Electronics major Samsung is quite encouraged by the growth of the registered user base of the SmartThings app in India, currently ranked third globally
  • India’s jewellery industry expected to reach $128 billion by 2029

    Gold continues to dominate the market with an 86 per cent share, but lab-grown diamonds (LGDs) are emerging as a powerful growth catalyst, said the report by 1Lattice
  • Infosys shares climb over 3 per cent after March quarter earnings

    The stock bounced back after a muted beginning and rallied 2.95 per cent to Rs 1,462.20 on the BSE. Shares of the firm climbed 3 per cent to Rs 1,462.70 at the NSE
  • HDFC Bank shares up over 2 per cent post March quarter earnings

    The stock rallied 2.27 per cent to Rs 1,950 -- its 52-week high level -- on the BSE. At the NSE, it climbed 2.30 per cent to hit the one-year peak of Rs 1,950.70
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