Indian shares opened marginally lower on Wednesday, adding to pressure from the previous session’s sharp sell-off that dragged the Sensex and Nifty to their weakest levels in more than three months. Continued foreign fund outflows, uneven corporate profits and persistent concerns about global trade and geopolitics continued to weigh on sentiment.The BSE Sensex fell 102 […]
Indian shares traded lower on Tuesday, with the Sensex and Nifty extending losses into a second session, as investors weighed lingering global trade uncertainties and continued foreign fund outflows, even as attention remained focused on the unfolding quarterly earnings season.The BSE Sensex fell over 300 points to the day’s low of 82,950, while the NSE […]
Indian shares closed lower on Wednesday, with the Sensex and Nifty continuing their declines, as concerns over possible US tariffs and continued foreign investor outflows outweighed gains in metals and banking stocks.The benchmark BSE Sensex fell 245 points, or 0.29%, to end at 83,382.71, while the NSE Nifty 50 fell 66.7 points, or 0.26%, to […]
Indian stock markets saw a sharp intraday reversal on Monday after newly appointed US Ambassador to India Sergio Gor struck a conciliatory tone on India-US trade ties, easing investor jitters amid tariff threats and weeks of sustained selling. The Sensex, which had suffered losses of over 700 points in morning trade, erased all its losses […]
IT services company HCL Technologies is expected to post a strong top-line performance in the December quarter, helped by seasonality in products and ER&D services, currency tailwinds and an increase in the number of large deals. An average of five brokers estimate revenue growth at around 12% year-on-year, while profit after tax (PAT) will grow […]
Markets witnessed a sharp sell-off last week, with benchmark indices ending firmly in the red as weak global cues and heightened uncertainty weighed on sentiment. Selling pressure intensified towards the end, sending the Sensex down 2.55% to 83,576.24 and the Nifty down 2.45% to 25,683.30 – one of the steepest weekly falls in recent months. […]
Global brokerage firm Bernstein expects Eternal’s high-speed trading arm Blinkit to continue to outpace rivals Swiggy, Instamart and Zepto in 2026, even as increasing competition keeps profitability volatile and stock returns likely to be uneven throughout the year.Bernstein says Eternal is favored in the industry, citing Blinkit’s stronger operating metrics, lower cash burn and more […]
Indian shares closed lower on Tuesday, with the Sensex and Nifty retreating from record levels after heavyweight stocks HDFC Bank and Reliance Industries weighed on benchmarks and investors booked profits after a recent rally.The BSE Sensex fell 376.28 points, or 0.44%, to close at 85,063.34, while the NSE Nifty 50 fell 71.6 points, or 0.27%, […]
Indian shares closed lower on Monday, with losses in IT stocks and renewed worries about additional US tariffs dogging Nifty and Sensex, offsetting a flurry of upbeat business updates that had boosted expectations of stronger quarterly profits.The BSE Sensex fell 322.39 points, or 0.38%, to close at 85,439.62, while the NSE Nifty 50 fell 78.25 […]
India’s largest institutional investor Life Insurance of India (LIC) has lost Rs 10,445 crore in just two days on its investment in blue-chip stock ITC, which plunged 14% after the government announced a revised excise duty structure on cigarettes.LIC’s stake in ITC stood at 15.86% (199 crore shares) at the end of the September quarter. […]