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India’s benchmark indices – the Nifty and the BSE Sensex – ended sharply lower on Friday, driven by broad selling pressure. Auto, financial services and FMCG stocks were among the top laggards, while the IT sector witnessed selective buying.In a volatile trading session, the broader Nifty fell 317.90 points, or 1.25%, to close at 25,178.65. […]
Indian markets broke their losing streak on Monday, supported by gains in the financial sector and energy stocks, with added strength from the pharmaceutical and healthcare sectors. The Nifty ended a two-session decline to close at 25,682.75, up 211.65 points or 0.83%, while the 30-share BSE Sensex recovered after three straight declines to end at […]
India’s benchmark indices closed sharply lower on Friday, driven by broad selling across sectors. Consumer, IT and energy stocks were among the biggest laggards.The Nifty settled at 25,471.10, down 336 points or 1.30%, while the BSE Sensex tumbled 1,048.16 points or 1.25% to close at 82,626.76. The volatility gauge, India VIX, ended at 11.73, down […]
The India-US trade deal provided a strong boost to domestic equities, with benchmark indices ending the session with broad gains across sectors. Financial, auto, real estate and chemicals sectors emerged as the best performers, while Reliance Industries and HDFC Bank were the largest individual contributors to the frontline indices. The Nifty closed at 25,727.55, up […]
Aditya Birla Capital reported a 33% increase in consolidated net profit in the December quarter at Rs 945 crore, compared to Rs 708 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company.Operating income from operations stood at Rs 11,952 crore in Q3FY26, up 27% from […]
Billionaire Mukesh Ambani-backed shares of Reliance Industries (RIL) rose 7% to a day’s high of Rs 1,489 on BSE, while shares of Adani Group rose up to 13% on Tuesday after US President Donald Trump announced a landmark trade deal between India and the US that cuts tariffs from 50% to 18% and opened the […]
Adani Enterprises reported a 97 times increase in consolidated net profit in the December quarter at Rs 5,627 crore, compared to Rs 58 crore reported in the same period last year. The profit after tax (PAT) is attributable to the owners of the parent company and includes a one-time gain of Rs 5,632 crore on […]
Benchmark indices Nifty and Sensex ended the first session of the holiday-shortened week on a strong note on Tuesday after the trade deal between India and the European Union lifted sentiments.Sensex ended Tuesday’s session 319.78 points or 0.39% higher at 81,857.48, while the Nifty50 rose 126.75 points or 0.51% to 25,175.40. Prime Minister Narendra Modi […]
Adani Group companies, including Adani Power, Adani Enterprises, Adani Ports and Adani Green Energy, issued a statement through an exchange filing on Saturday in response to recent media reports claiming that the US Securities and Exchange Commission (US SEC) is seeking court approval to serve legal summons on Adani Group Chairman Gautam Adani and his […]
Adani Power is looking to raise around Rs 7,500 crore from institutional investors through the issuance of non-convertible debentures (NCDs), people familiar with the matter told ET.The thermal energy giant is tapping the bond market at a time when investor demand for corporate bonds is high. The fundraising is expected to start in the next […]
