Mumbai, Jan 8 (IANS) Indian equity markets witnessed their sharpest fall in a month on Thursday as benchmark indices extended losses for the fourth straight session, weighed down by rising concerns over India–US trade tensions.Investor sentiment turned cautious after reports suggested that the administration of US President Donald Trump could consider imposing steep tariffs of up to 500 per cent on Indian goods.The possibility of such harsh trade measures triggered widespread selling across se…
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Mumbai, Jan 6 (IANS) Indian equity benchmark indices slipped for a second consecutive session on Tuesday, weighed down by sharp losses in heavyweight stocks such as Reliance Industries and Trent. Weakness in these large stocks kept overall market sentiment under pressure throughout the day. At the close of trade, the Nifty ended at 26,178.70, down 71.6 points or 0.27 per cent.“The index remains in a short-term consolidation phase amid tariff-related and geopolitical uncertainties, while holdin…
Mumbai, Jan 4 (IANS) The combined market capitalisation of seven of the top-10 most-valued companies rose by Rs 1.23 lakh crore last week, tracking a positive trend in the equity markets as benchmark indices posted healthy gains.The upbeat sentiment helped the Sensex climb 720.56 points, or 0.84 per cent, during the week — reflecting broad-based buying interest across sectors.Among the top-10 most valuable companies, shares of HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Larsen &a…
Mumbai, Dec 31 (IANS) Indian equity markets ended the final trading session of the calendar year on a strong note, supported by broad-based buying across most sectors, even as information technology stocks remained under pressure.At the close of trade, the Sensex settled at 85,220.6, gaining 545.52 points or 0.64 per cent.The Nifty also finished higher at 26,129.6, up 190.75 points or 0.74 per cent. “Holding above the 26,000 mark remains crucial to sustain the ongoing uptrend and keep the poss…
Mumbai, Dec 28 (IANS) Bajaj Finance was among the major losers last week as the combined market valuation of seven of India’s top-10 most valued companies fell by Rs 35,439.36 crore amid a muted trend in equities during a holiday-shortened week.The market capitalisation of Bajaj Finance declined by Rs 5,102.43 crore, taking its total valuation to Rs 6,22,124.01 crore, according to official data.The broader market, however, showed limited gains, with the BSE benchmark index rising marginally by…
New Delhi, Dec 27 (IANS) System loan growth has picked up and Q3 FY26 is expected to show better loan growth and improved net interest margins, a report said on Saturday.The report from Elara Capital said the quarter should also see lower slippages in unsecured and microfinance institutional loans and steady recovery trends that may benefit credit costs.The report, however, flagged that deposit flows remain weak and incremental credit‑deposit ratios are running very high.”Even with better Q3 o…
New Delhi, Dec 24 (IANS) The National Highways Authority of India (NHAI) on Wednesday said it has received approval from the Securities and Exchange Board of India (SEBI) for Raajmarg Infra Investment Trust (RIIT) as a Public Infrastructure Investment Trust (InvIT).According to Ministry of Road Transport and Highways, the Public InvIT aims to unlock monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and …
Mumbai, Dec 23 (IANS) Indian benchmark indices opened in the red zone on Tuesday, weighed down by losses in the IT stocks after artificial intelligence (AI) stocks in the US showed revival.As of 9.30 am, the Sensex declined 159 points, or 0.19 per cent to 85,407 and the Nifty lost 32 points, or 0.13 per cent to 26,139.Main broad cap indices showed divergent trends, with the Nifty Midcap 100 down 0.18 per cent, while the Nifty Smallcap 100 added 0.07 per cent.ONGC, Tata Steel and NTPC were among …