India’s major indices Nifty and Sensex closed largely unchanged on Thursday as selling pressure on financial stocks limited gains in auto and FMCG stocks. HDFC Bank, which has the highest weightage in Nifty after Reliance Industries (RIL) emerged as the biggest laggard. The broader Nifty rose 14 points, or 0.06%, to close at 25,496.55, while […]
Taking on established players with its first foray into the consumer tire market, Balkrishna Industries is targeting one million two-wheeler tires per month by 2030, building on its manufacturing strength and brand equity.The move into the consumer segment marks a departure for a company that has built its business almost entirely in specialty off-road tires. […]
A sharp rise in GIFT Nifty paved the way for a strong opening on Dalal Street on Tuesday after India and the US announced a long-awaited trade deal, allaying tariff concerns that had weighed on Indian markets for months. GIFT Nifty rose nearly 800 points before easing a bit, signaling a broad-based relief rally. The […]
The Indian market ended lower on Tuesday, with the Sensex and Nifty retreating after briefly beating record levels in the previous session, as investors held on to gains and foreign funds continued to trim their exposure. A mix of profit-taking and external pressure kept the benchmarks under pressure. The S&P BSE Sensex fell 503.63 points, […]