Trading activity across the domestic stock market remains suspended today due to the Bakrid public holiday. Operations on exchanges, including equity and derivatives segments, are paused for the occasion. Investors and traders will resume normal market participation from May 29 as exchanges reopen. The next trading holiday will be observed for Muharram.
Benchmark indices ended lower on Wednesday as banking and financial stocks weakened amid geopolitical concerns and foreign fund outflows. The Sensex slipped 141.90 points to close at 75,867.80, while Nifty ended at 23,907. ONGC, HDFC Bank, and HDFC Life led losses. However, media, metal, and auto stocks gained, supporting broader market performance slightly.
A prominent venture capitalist Vinod Shankar criticised India’s wealthy class, calling it the country’s “single largest self-inflicted obstacle” to growth. Referring to the East India Company, he argued that concentration of power among a few continues to hurt progress. His remarks sparked debate over India’s long-term growth prospects.
The proposed 8th Pay Commission could bring a massive 400% salary hike for central government employees if the fitment factor reaches 5. Employee unions are demanding a major pay revision to match rising living costs and inflation. Discussions also include restoration of the Old Pension Scheme. The Centre has not officially confirmed the final fitment […]
Rising fuel costs and increased import duties on metals are expected to add pressure on consumer prices in the coming weeks. Economists believe higher transportation could influence overall retail inflation trends. Market experts estimate inflation may witness an upward move, while expectations remain that the RBI could maintain its current policy approach
The rupee witnessed fresh pressure in currency markets after global uncertainty increased over developments in Gulf region. Initial gains faded as investors shifted toward safer assets, strengthening the US dollar and impacting the domestic currency. Forex analysts also noted that concerns surrounding geopolitical tensions influenced market sentiment.
The stock market witnessed renewed pressure as the Nifty 50 struggled to maintain levels above the 24,000 mark despite positive movement in crude prices. Investor sentiment remained cautious due to uncertainty surrounding geopolitical developments. Analysts believe market participants are avoiding aggressive positions, leading to profit booking and volatility.
In a big relief to buyers, Gold prices fell in the Hyderabad bullion market today. The price of 10 grams of 24-carat gold fell by ₹600 to ₹1,58,290. Similarly, the price of 10 grams of 22-carat gold fell by ₹550 to ₹1,45,100. On the other hand, the price of a kilo of silver continues to […]
Indian stock markets began trading on a positve note, tracking gains in global oil prices and optimism over US-Iran peace breakthrough. Sensex surged over 91 points to 76,101, while Nifty climbed 33 points to 23,951 in early trade. Bank Nifty outperformed with a jump of 15 points. Meanwhile, the rupee traded slightly weaker at 95.55 […]
Here are the new petrol prices per litre today in the top cities in India today. ★Delhi – ₹102.12, ★Kolkata – ₹113.47, ★Mumbai – ₹111.18, ★Chennai – ₹107.77, ★Bangalore – ₹110.93, ★Bhubaneswar – ₹109.22, ★Chandigarh – ₹101.52, ★Hyderabad – ₹115.69, ★Jaipur – ₹112.66, ★Lucknow – ₹102.05, ★Trivandrum – ₹115.49, ★Port Blair – ...
LIC has introduced the Jeevan Sathi Joint Life Plan, a new insurance policy designed for couples. The plan offers joint coverage, financial security, and multiple benefits under a single policy. It aims to provide long-term protection and savings options, making it suitable for families seeking combined life insurance coverage with flexible premium structures.
BSNL has introduced a new ₹51 recharge plan exclusively for new SIM users, offering 2GB of daily data for 28 days. The affordable pack aims to attract more customers with budget-friendly internet access. This move strengthens BSNL’s push in the competitive telecom market by providing high data benefits at a very low entry price.
The Sensex dropped 479 points ending at 76,009.70, while the Nifty50 closed at 23,914 on Tuesday after fresh US strikes in southern Iran hurt hopes of a peace deal. Apollo Hospitals, Wipro, and Bharti Airtel led losses. Consumer durables and banking stocks declined, while metal and IT sectors outperformed amid broader market resilience.