Sensex rises 200 points, Nifty tops 24,150 as RBI’s liquidity measures defy weak global cues
Indian benchmark indices Sensex and Nifty ticked higher on Tuesday, as the Reserve Bank of India’s (RBI’s) liquidity-enhancing measures helped counter weak global cues triggered by U.S. President Donald Trump’s continued criticism of the Federal Reserve chair Jerome Powell. The BSE Sensex was up 205 points, or 0.26%, at 79,613, while the Nifty50 rose 52…
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IT rout pushes Nifty below 23,400; Sensex drops over 300 points
Domestic benchmark equity indices opened lower on Thursday, dragged by IT stocks after Wipro forecast a decline in revenue for the April-June quarter amid tariff turmoil. The BSE Sensex was down 303 points, or 0.39%, at 76,741, while the Nifty50 slipped 114 points, or 0.49%, to 23,323 around 9:33 am. From the Sensex pack, HCL…
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TCS shares under pressure after weak Q4 results, target price cuts. Should you buy, sell or hold?
Shares of Tata Consultancy Services (TCS) on Friday dropped 1% to Rs 3,212.10 on the BSE after the IT major reported a weaker-than-expected Q4 performance. Consolidated net profit for Q4FY25 declined 1.7% year-on-year to Rs 12,224 crore, falling short of the analysts’ estimate of Rs 12,650 crore. In the year-ago quarter, the net profit was…
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No one is safe: Time-tested Tata stocks see Rs 1.5 lakh crore wiped out in Monday’s market crash
In times of crisis, investors usually flock to familiar and time-tested names. Tata Group companies fall under this category. However, a single-day crash—driven entirely by global factors—wiped out nearly Rs 1.49 lakh crore ($18.06 billion) in market capitalization within just a few hours. It serves as a stark reminder that no stock is immune during…
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Metal stocks take the blow as tariff war fears intensify
Mumbai: Metal shares tumbled on Friday, emerging as the biggest losers in the day’s trading, on heightened concerns that demand would take a hit if the ongoing tariff war between the US and China led to a sharp downturn. The Nifty Metal index plunged 6.6%-its worst day since the announcement of general election results in…
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Vedanta, Hindalco, other metal stocks slide 6% on growth concerns amid trade war
Shares of metal stock tumbled by up to 6% in today’s session as uncertainties surround the future outlook of these companies after U.S. President Trump’s reciprocal tariffs have raised concerns over global demand growth and the potential disruption of business activities worldwide. The shares of National Aluminium Company (NALCO) dipped the highest, falling by 6%…
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Tech, auto heavyweights drag Sensex 200 points lower; Nifty below 23,600
Indian benchmark equity indices Sensex and Nifty50 traded lower on Friday led by losses in M&M and Infosys. However, markets may see intraday fluctuations amid foreign inflows and optimism over a domestic growth rebound. The BSE Sensex was trading 256 points, or 0.33%, lower at 77,361. The Nifty50 was up 67 points, or 0.27%, trading…
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