Business Markets
Foreign Portfolio Investors turned net sellers in September, withdrawing ₹35,860 crore from Indian equities as elevated crude oil prices, rising US bond yields and wider global uncertainty weighed on investor sentiment. FPIs Pull ₹35,860 Crore From Indian Equities The September outflow marked a sharp reversal after foreign investors had collectively invested around ₹49,830
Business Markets
Indian stock markets opened lower on Thursday as persistent foreign investor selling, elevated global borrowing costs and cautious sentiment kept pressure on equities, despite some relief from easing crude oil prices. Sensex Falls as Nifty Slips Below 22,600 The BSE Sensex fell more than 100 points in early trade, while the NSE Nifty 50 dropped […]
Business Markets
BSE Ltd will enter India’s benchmark Nifty 50 index, replacing IT major Wipro in the latest semi-annual index reshuffle. The change will take effect from September 30, giving BSE a place among the country’s 50 leading listed companies tracked by the benchmark. BSE to Enter Nifty 50 Index BSE qualified for inclusion after meeting the […]
Business Markets
Indian equity markets recorded their biggest one-day fall in three months on Wednesday as renewed US-Iran tensions, rising crude oil prices and weak global cues triggered heavy selling across sectors. The sharp fall wiped out about ₹10 lakh crore in investor wealth. Sensex Falls 1,700 Points The Sensex plunged 1,677.12 points, or 2.15%, to close […]
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