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Markets saw sharp late losses, with Sensex dropping 556 points to 81,160 and Nifty falling 166 points to 24,891, led by Realty and Auto declines. However, following RBI policy, Nifty rebounded above 24,800, supported by strong derivative activity and sector gains in banks, pharma, and IT. Mid- and small-caps also showed gains.
The Reserve Bank announced steps to support exporters facing 50% US tariffs on Indian goods. Key measures include easing paperwork and lowering compliance burdens, especially for small exporters and importers. These initiatives aim to reduce operational strain and improve trade resilience during challenging global trade conditions.
The RBI will implement the expected credit loss framework and revised Basel III capital adequacy norms for commercial banks from April 1, 2027, Governor Sanjay Malhotra announced. A four-year glide path will ease provisioning impact. Risk weights may be lowered, while inflation projection for FY26 is cut to 2.6%. Repo rate remains unchanged at 5.5%.
The Sensex and Nifty opened at fresh record levels in early trade on Wednesday, October 1, 2025. The Sensex started trading today at 80173.24, down at 94.38 points or 0.12%, and the Nifty was at 24620.55, up at 9.45 points or 0.04%. Meanwhile, the Indian rupee was trading today at 88.77 against the dollar.
Benchmark indices Sensex and Nifty ended lower after a volatile session, marking their eighth consecutive decline amid foreign fund outflows and RBI rate hike fears. The Sensex dropped 97.32 points to close at 80,267.62. Over eight sessions, it has lost 2,746.34 points, or 3.30%, despite intraday highs and selective stock recoveries.
The rupee hit an all-time low of 88.79 against the US dollar, falling 4 paise due to sustained foreign outflows and global trade tensions. A sharp drop in crude oil prices cushioned the fall. Forex traders added that a weaker dollar also helped limit further depreciation of the Indian currency, offering temporary market relief.
Sensex and Nifty closed flat after a volatile session, each falling 0.08%. Sensex ended at 80,364.94 and Nifty at 24,634.9. Titan, SBI, and NTPC gained, while Axis Bank and Maruti lagged. MidCaps rose 0.27%, SmallCaps slipped. Pharma and Auto dipped, but PSU Bank and Oil & Gas indices gained over 1%.
The Sensex and Nifty opened at fresh record levels in early trade on Monday, September 29, 2025. The Sensex started trading today at 80588.77, up at 162.31 points or 0.20%, and the Nifty was at 24728.55, up at 73.85 points or 0.30%. Meanwhile, the Indian rupee was trading today at 88.71 against the dollar.
Amazon and Flipkart are offering major discounts on smart TVs this festive season. Top brands like LG, Samsung, Sony, TCL, Xiaomi, and Panasonic feature up to 65% off. Compare models, specs, and final prices across both platforms. Use bank offers and exchange bonuses to save more and choose the best smart TV deal.
Elon Musk denied claims linking him to Jeffrey Epstein after being named in recently released Epstein files. The documents noted a tentative 2014 trip to Epstein’s US Virgin Islands, asking, “Is this still happening?” Musk said he refused the visit, called the claims false, and criticized anyone spreading the narrative as deserving “complete contempt.”
HDFC Bank has been restricted by the Dubai Financial Services Authority (DFSA) from onboarding or soliciting new customers at its Dubai branch. The bank can continue serving its 1,489 existing clients. The action stems from alleged violations related to onboarding procedures. HDFC Bank is cooperating with the DFSA and says the impact will not be […]
The Flipkart ongoing Big Billion Days sale has faced controversy from the customers. Buyers alleged that premium phones such as the iPhone 16, which were advertised with huge discounts before sale, were a part of a fraudulent sales strategy. Many buyers orders were cancelled after payment, leaving them without a product and without a refund […]
Sensex and Nifty declined nearly 1%, falling for the sixth consecutive day due to heavy selling in the pharma and IT sectors. The drop followed US President Donald Trump’s announcement of 100% import duties on pharmaceutical drugs starting next month. Sensex closed 733 points lower at a three-week low of 80,426.46.
The rupee recovered from its all-time low, closing 4 paise higher at 88.72 against the US dollar. A weaker dollar overseas and falling global crude prices aided the rebound. However, persistent foreign outflows and weak equity sentiment capped gains, while hopes around India-US trade talks offered some support, forex traders said.
The Sensex and Nifty opened at fresh record levels in early trade on Friday, September 26, 2025. The Sensex started trading today at 80949.29, down at 210.39 points or 0.26%, and the Nifty was at 24832.30, down at 58.55 points or 0.24%. Meanwhile, the Indian rupee was trading today at 88.69 against the dollar.