Business Markets
Indian equity benchmarks ended lower on Tuesday, with the Sensex falling nearly 250 points and the Nifty closing below 23,900. The decline came amid selling pressure in select sectors, weakness in IT stocks and cautious investor sentiment on Dalal Street. Sensex Falls 249 Points The BSE Sensex declined 249.70 points to settle at 76,478.67. The […]
Markets
Canada-based Fairfax has bought nearly $1 billion worth of Indian government bonds through its local unit, in a rare large-scale purchase that may be linked to its interest in acquiring a stake in IDBI Bank. Fairfax Buys Indian Government Bonds Fairfax India Holding Corp purchased Indian government debt worth nearly $1 billion last Friday, marking […]
Business Markets
Indian stock markets fell sharply on Friday after a five-session rally, with the Sensex dropping more than 800 points and the Nifty slipping below 23,950. The correction erased around ₹1.3 lakh crore from the market value of Sensex-listed companies within two hours, as selling spread from IT stocks to the broader market. Stock Market Crash […]
Business Markets
SEBI has barred Rajesh Exports Chairman and Managing Director Rajesh Mehta from dealing in the company’s securities after flagging serious allegations of financial misrepresentation, revenue inflation and disclosure lapses. SEBI Action Against Rajesh Exports The Securities and Exchange Board of India issued an interim order against Rajesh Exports after examining alleged
Business Markets
Indian equity benchmarks were largely flat on Thursday after recovering from early losses, as investors remained cautious over renewed US-Iran tensions, higher crude oil prices and the upcoming Reserve Bank of India policy decision. Indian Stock Market Recovers From Early Losses The Nifty 50 edged up 0.1 percent to 23,425.6, while the BSE Sensex gained […]
Business Markets
Indian stock markets witnessed a sharp sell-off on Monday, with the Sensex falling over 1,000 points and the Nifty slipping below 23,900 as rising crude oil prices, weak global cues and pressure on the rupee triggered broad-based selling. Sensex And Nifty Fall Sharply The BSE Sensex dropped more than 1,000 points in intraday trade, while […]
Markets
Gold prices fell further on Thursday as investors shifted toward the U.S. dollar amid uncertainty over Iran talks and expectations that U.S. interest rates could stay higher for longer. The decline came as rising oil prices added to inflation concerns, reducing the appeal of non-yielding assets such as gold. Gold Prices Fall On Stronger Dollar […]
Markets
Oil Jumps, Asian Stocks Fall On Iran Threat Asian markets fell and oil prices climbed sharply after US President Donald Trump said Washington would continue hitting Iran “extremely hard”, raising fears of a deeper conflict and prolonged disruption in global energy flows. The remarks unsettled investors across the region, with traders reacting to the prospect