New Delhi, March 31 (IANS) With the FY26 fiscal set to end on Tuesday, investors are gearing up for several reforms, including revised Securities Transaction Tax (STT) rules that will come into effect from April 1.Many brokers, traders and demat account holders are concerned about the sharp increase in STT on futures and options (F&O) trades, following revisions announced by Finance Minister Nirmala Sitharaman in the Union Budget FY26-27. She had also proposed a significant increase in charg…
Latest Asian Markets News & Updates
Mumbai, March 27 (IANS) Global crude oil prices remained highly volatile this week, with both the key benchmarks trading in negative on Friday.Brent crude futures fell as much as 2.29 per cent to $105.53 per barrel as of 9:40 am, while US WTI crude declined 2.54 per cent to $92.08.So far this week, Brent crude has dropped over 5 per cent, hovering near the $100 mark, while WTI crude has also fallen nearly 5 per cent to trade around $90.Meanwhile, the Indian rupee weakened by 28 paise to hit an a…
New Delhi, March 25 (IANS) International crude oil prices witnessed a sharp decline on Wednesday amid growing hopes of a ceasefire in the West Asia region.Brent crude futures fell 7 per cent to an intraday low of $97.18 per barrel, while US WTI crude dropped over 6 per cent to $86.72 as of 10:40 AM.Experts said the recent correction in crude prices could offer some relief to India’s macroeconomic indicators, including inflation and the Current Account Deficit (CAD), even as technical indicator…
Mumbai, March 25 (IANS) Dalal Street opened on a bullish note for the second consecutive session on Wednesday, supported by easing geopolitical concerns amid hopes of de-escalation in the West Asia conflict. Additionally, reports suggesting that Donald Trump had proposed a 15-point plan to Iran via Pakistan further enhanced investor confidence.Sensex opened around 600 points or 0.80 per cent higher at 74,652, while Nifty began trading at 23,064, up 150 points or 0.66 per cent.In early trade, the…
Mumbai, March 19 (IANS) Indian equity markets opened sharply lower on Thursday, tracking weak global cues as escalating geopolitical tensions in the Middle East triggered a surge in crude oil prices.Sensex plunged 1,953 points or 2.55 per cent to 74,750, while Nifty also witnessed heavy selling pressure, declining 580 points or about 2.4 per cent, before recovering a bit in early trade.Among stocks, HDFC Bank, Shriram Finance, Larsen & Toubro (L&T), TMPV, Axis Bank, HDFC Life and IndiGo …
New Delhi, March 18 (IANS) As many as 71 per cent of companies in India are willing to invest significantly in digital technologies — the highest globally — highlighting the country’s strong push towards digital transformation, a report said on Wednesday, adding that India ranks among top 3 in global industry 4.0 adoption.According to the MHP report in collaboration with LMU Munich, a majority of respondents worldwide expect significant disruption in the next decade due to digitalisation. Ab…
Mumbai, March 11 (IANS) The Indian equity markets posted moderate losses in early trade on Wednesday over cautious sentiment amid the ongoing war between US-Israel and Iran, leading to the prolonged closure of the Strait of Hormuz.As of 9.25 am, Sensex lost 109 points, or 0.14 per cent, to reach 78,096 and Nifty eased 26 points, or 0.11 per cent to reach 24,234.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 gained 0.72 per cent, and the Nifty Smallca…
Mumbai, March 9 (IANS) The Indian equity markets plummeted close to 3 per cent in early trade on Monday tracking global weakness, rising crude oil prices amid escalating tensions in the Middle East.As of 9.22 AM, the Sensex lost 2,333 points, or 2.96 per cent, to reach 76,585 and Nifty dipped 686 points, or 2.81 per cent to reach 23,764.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 slipped 3.28 per cent, and the Nifty Smallcap 100 dipped 3.37 per ce…
Mumbai, March 2 (IANS) The Indian equity markets opened the week sharply lower on Monday, tracking a broad risk-off sentiment across global markets due to the US, Israel and Iran war.As of 9.28 am, Sensex lost 891 points, or 1.10 per cent, to reach 80,395 and Nifty eased 268 points, or 1.07 per cent, at 24,909.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 declined 1.14 per cent, and the Nifty Smallcap 100 lost 1.35 per cent.All sectoral indices trad…
Mumbai, Feb 26 (IANS) The Indian equity markets traded flat with a positive bias early on Thursday, as IT stocks recovered tracking overnight gains on Wall Street in the US.As of 9.25 am, Sensex added 58 points, or 0.07 per cent, to reach 82,334, and Nifty gained 15 points, or 0.06 per cent, at 25,498.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 added 0.22 per cent, and the Nifty Smallcap 100 lost 0.08 per cent.Sectoral indices traded mixed with Ni…