Mumbai, Jan 25 (IANS) Bajaj Finance’s market capitalisation fell by over Rs 14,000 crore last week as weak market sentiment dragged down most of India’s top-valued companies.The sharp fall came amid a broader sell-off in equities, driven by global uncertainties, foreign investor outflows and pressure on the rupee.The combined market valuation of nine of the top-10 most valued companies declined by Rs 2.51 lakh crore last week — reflecting a sharp downturn in the stock market.Bajaj Finance w…
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Mumbai, Jan 22 (IANS) Indian stock markets ended higher on Thursday, snapping a three-day losing streak, as positive global cues and easing geopolitical tensions boosted investor confidence.Market sentiment improved after US President Donald Trump said he would not impose tariffs on European Union nations on February 1.He mentioned that a ‘framework for a future deal’ had been reached with NATO on Greenland.His remarks about a ‘great’ trade deal between the US and India further encourage…
Bhubaneswar, Jan 21 (IANS) The Crime Branch of Odisha Police has arrested one accused from Maharashtra in connection with a digital arrest fraud case involving an amount of Rs 62.18 lakhs. The Crime Branch, in a press note issued on Wednesday, further revealed that the victim, a private company employee, on 6 July 2024 received a WhatsApp video call from a mobile number, with the caller claiming to be from Mumbai Tilaknagar Police.The fraudster alleged that an arrest warrant had been issued agai…
Mumbai, Jan 21 (IANS) Indian equity benchmark indices ended lower on Wednesday for the third straight session, weighed down by rising geopolitical tensions that kept investors cautious.The Sensex closed at 81,909.63, slipping 270.84 points or 0.33 per cent. Meanwhile, the Nifty settled at 25,157.5, down 75 points or 0.3 per cent.“A sustained break below 25,130 could reopen downside toward 24,920–24,900,” a market expert said.“At this stage, price action reflects consolidation after exhau…
New Delhi, Jan 21 (IANS) Over 4.53 crore accounts have been opened to empower the future of girls, under the Sukanya Samriddhi Yojana (SSY) in the last 11 years, the government said on Wednesday.Launched in January 2015 under the Beti Bachao, Beti Padhao campaign, the scheme was designed as a bridge between financial security and social transformation.By encouraging families to plan early for their daughters’ education and well-being, SSY has helped instill a sense of confidence, inclusion, an…
Mumbai, Jan 20 (IANS) Early results from India Inc’s December quarter showed a muted earnings season as one‑time charges tied to the new labour code and other transitional costs weighed on profits, industry analysts said.About 10 Nifty 50 firms have reported their results so far, mostly IT companies and few banks. Analysts said there were no upside surprises in the results, with most companies delivering mixed results or falling short of expectations.A major drag on corporate earnings was th…
Mumbai, Jan 19 (IANS) Indian stock markets ended lower on Monday as heavy selling in select heavyweight stocks dragged the benchmarks down, while global cues also remained cautious.The decline was largely led by stock-specific pressure after quarterly results from major companies such as Reliance Industries, ICICI Bank, and HDFC Bank, which emerged as the biggest drags on the market.At the close, the Sensex ended at 83,246.18, down 324.17 points or 0.39 per cent. The Nifty settled at 25,585.5, f…
Mumbai, Jan 18 (IANS) The combined market valuation of three of India’s top companies surged by Rs 75,855.43 crore last week, even as the overall stock market showed a sluggish trend during the holiday-shortened week. State Bank of India (SBI) and Infosys were the biggest gainers among the top firms. While the Sensex slipped 5.89 points, the Nifty inched up by 11.05 points over the week.Commenting on Nifty technical outlook, an expert said that “immediate resistance is placed at 25,875, foll…
Mumbai, Jan 17 (IANS) ICICI Bank on Saturday reported a 2.68 per cent year-on-year (YoY) decline in its consolidated net profit for the December quarter (Q3 FY26). The bank posted a profit of Rs 12,537.98 crore in the third quarter, compared to Rs 12,883.37 crore in the same period last financial year (Q3 FY25).On a quarter-on-quarter (QoQ) basis, the bank’s profit fell 6.13 per cent from Rs 13,357.06 crore reported in the July–September quarter (Q2) of FY26, according to its stock exchange …
Mumbai, Jan 13 (IANS) Indian stock markets ended lower on Tuesday as investors remained cautious ahead of the US–India trade talks, with selling pressure seen mainly in consumer durables and realty stocks.The benchmark indices, the Sensex and the Nifty, slipped in a narrow range as market participants avoided taking aggressive positions before the key discussions between the two countries.The Sensex closed at 83,627.69, falling 250.48 points or 0.30 per cent. The Nifty also ended lower, slippi…